Revenue segments as reported by the company.

Retail

Foodservice

International

Grocery Products

Refrigerated Foods

Jennie-O Turkey Store

International & Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, General and Administrative

Goodwill/intangible impairment

Equity in Earnings of Affiliates

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Hormel Foods

Skippy is a brand of peanut butter manufactured in the USA. First sold in 1932, Skippy is currently manufactured by Hormel Foods, which bought the brand from Unilever in 2013.

Skippy

Applegate is a producer of high-quality natural and organic hot dogs, bacon, sausages, deli meats, cheese and frozen products. Products are made without GMO ingredients and sourc meat from farms.

Applegate

Spam is a brand of canned cooked meat made by Hormel Foods Corporation. It was first introduced in 1937 and gained popularity worldwide after its use during World War II. By 2003, Spam is sold in 41 countries on six continents and trademarked in over 100 countries (except in the Middle East and North Africa). In 2012, the eight billionth can of Spam was sold.

Spam

Hormel Foods Corp. engages in the manufacturing and marketing of branded food products. It operates through the following segments: Retail, Foodservice, and International. The Retail segment consists of the processing, marketing, and sale of food products sold predominantly in the retail market. The Foodservice segment includes the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment focuses on processing, marketing, and selling company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Hormel Foods reports Q1 challenges, focuses on efficiency and growth

Hormel Foods faced challenges in Q1 2023 due to inflation, supply chain inefficiencies, and lower sales volumes, leading to a reduced earnings outlook for the year.
Despite these challenges, the company is focusing on efficiency improvements, innovation, and capacity expansions to drive growth and profitability.
Opportunities lie in rebounding turkey volumes, addressing inventory issues, and leveraging consumer behavior insights for strategic decision-making.
The new reporting structure aims to enhance clarity and drive results, while efforts are ongoing to navigate market challenges and capitalize on growth prospects.

Hormel Foods reports Q2 challenges, sees growth opportunities ahead

Hormel Foods navigated challenges with inventory and margin improvements, focusing on strategic cash use and cost management.
Despite a decline in net sales, the company saw strong bottom-line growth in foodservice and positive progress in the Planters brand.
Opportunities lie in consumer trends towards premium offerings, balanced business model benefits, and growth in various segments.
Analyst inquiries centered on volume recovery, pricing actions, and the company's outlook for the second half of the year.

Hormel Foods reports solid Q3 performance, eyes growth opportunities

Hormel Foods delivered a strong performance in Q3 2023 with growth in key segments and a focus on addressing challenges.
Management's strategic initiatives aim to drive growth, improve margins, and capitalize on opportunities in the coming year.
Despite challenges, Hormel remains positive about future prospects and is committed to enhancing its market position.

Hormel Foods plans for growth in 2024 amid challenges

Hormel Foods navigated challenges in fiscal 2023 and is poised for improvement in fiscal 2024, focusing on sustainable growth and operational efficiency.
The company's strategic initiatives include investments in supply chain optimization, global expansion, and enhancing snacking brands for long-term success.
Despite facing cost pressures and market challenges, Hormel remains committed to driving growth, reducing costs, and capturing value from investments.
Hormel's outlook for fiscal 2024 includes opportunities for growth in retail, food service, and global markets, supported by strategic investments and operational enhancements.

Hormel Foods excels in Q1 2024, eyes growth through strategic initiatives

Hormel Foods' Q1 2024 results reflect robust performance and strategic focus on growth objectives. The company is optimistic about continued volume growth, margin improvements, and achieving its full-year outlook. Addressing challenges and leveraging opportunities will be key to sustaining momentum.

Hormel Foods reports robust Q2 performance, eyes growth opportunities

Hormel Foods showcased strong financial performance in Q2 2024, driven by growth in foodservice and international segments.
While facing challenges in retail and cost management, the company remains focused on strategic initiatives and long-term growth.
Ongoing pricing discussions, stable turkey outlook, and international market improvements provide avenues for future growth and profitability.
CEO's confidence in the business's direction underscores Hormel's resilience and commitment to delivering shareholder value.

Hormel Foods surpasses Q3 earnings expectations, eyes growth opportunities

Hormel Foods reported strong Q3 performance across key segments, with a positive outlook for the remainder of the year. Despite some challenges in cost management and investment returns, the company remains focused on growth opportunities and financial resilience. Investors can look forward to potential benefits from the ongoing Transform and Modernize initiative.

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EBITDA

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Cash from other sources

Net change in cash

Free cash flow

Here is how Hormel Foods (HRL) and Coca-Cola FEMSA (KOF) have performed compared to their sector so far this year.

Is Hormel Foods (HRL) Outperforming Other Consumer Staples Stocks This Year?

Coca-Cola

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Procter & Gamble is a Dividend King with a diversified portfolio of industry leading consumer staples products. Coca-Cola is a Dividend King with an iconic brand and a global drink portfolio.

Years' Worth of Passive Income Is Hiding in Plain Sight

The latest PLANTERS® product introduction provides the ultimate snack experience –two nut types combined with two flavors to bring an exciting experience of texture and flavor in one bag. AUSTIN, Minn.

PLANTERS® Brand Team Introduces New Flavor-Forward Innovation in Snack Nuts with Launch of PLANTERS® Nut Duos Snacks

The SPAM® brand team commissioned world-renowned artist and Hawaii native Kamea Hadar for the design, which also signals special support for Maui AUSTIN, Minn. , April 1, 2024 /PRNewswire/ -- The Hawaiian community is never far from the hearts and minds of the SPAM ® brand team.

The Makers of the SPAM® Brand Send Aloha to Their Fans in Hawaii with Special Edition Collectors Can

Applications are now being accepted to join MR. PEANUT® and "shell-ebrate" with fans across the streets of America in the iconic NUTmobile AUSTIN, Minn.

This is No Joke! The Makers of the PLANTERS® Brand Search for the Next Class of Peanutters

PepsiCo

Coca-Cola, PepsiCo, and Hormel are extremely alike from an investment perspective. Hormel has an under-the-radar plan to grow in one sales channel and it could lead to higher profits.

Coca-Cola, Pepsi, and Hormel Are All Magnificent Dividend Stocks. But There's a Simple Reason I Choose 1 Over the Other 2.

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My Best Dividend Aristocrats For April 2024

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Dividend growth stocks can generate long-term wealth because of a compounding effect and price appreciation. As the weather starts warming, savvy investors should start to think about some of these top names that benefit from spring temperatures.

3 Top Dividend Growth Stocks to Buy Right Now

HORMEL® Ribbon Pepperoni steals the show, debuting to wide acclaim at the 40th anniversary of the famous pizza trade show AUSTIN, Minn. , March 22, 2024 /PRNewswire/ -- Fresh off yet another showstopping display at the International Pizza Expo in Las Vegas, Hormel Foods, the maker of the best-selling retail pepperoni in the United States and a market leader in foodservice pizza toppings, is again driving the conversation on what's trending in the pizza-topping industry.

After Another Successful Showing at International Pizza Expo, the Experts at Hormel Foods Identify Top-5 Pizza Trends of 2024

Hormel Foods (HRL) is focused on six strategic priorities, which include pursuing solid global expansion. However, increasing advertising investments are putting pressure on profits.

Strategic Priorities Aid Hormel Foods (HRL), High Costs Ail

With the popularity of bacon and ranch still sky high, the makers of the HORMEL® BLACK LABEL® brand offer both flavors within a single bite AUSTIN, Minn. , March 21, 2024 /PRNewswire/ -- Bacon and ranch both continue to be beloved food items of consumers everywhere, with both ingredients easily applied to a variety of different dishes.

Two of America's Favorite Flavors Join Forces with the Limited-Time Offering of HORMEL® BLACK LABEL® Ranch Bacon

Hormel Foods Corporation is a leading global food company known for iconic brands like SPAM and Skippy. The company's recent earnings results showed a modest increase in volume and net sales. While the company has a solid track record of dividend payments, its stock appears to be reasonably priced with limited upside potential.

The Reasons Hormel Foods Has Fallen Out Of Favor With Us

Hormel has been hit with several headwinds all at the same time. The company's fiscal 2024 Q1 earnings suggest the business is gaining some traction as it works to turn itself around.

3 Reasons to Buy Hormel Stock Like There's No Tomorrow

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A Dividend King is a stock with 50 or more consecutive years of dividend increases. The 55 Dividend Kings screened as of March 13 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net gains ranged 14.63%-22.93% topped by Middlesex Water, and SJW Group. By yield, Leggett tops-all. Top-ten March Kings; UBSI, FRT, FTS, BKH, NWN, MMM, CDUAF, UVV, MO, & LEG averaged 5.97% yield.

55 March Dividend Kings: Buy 8; Watch 4

Hormel has increased their dividends for 57 consecutive years while also maintaining a solid dividend compound annual growth rate. The shift in consumer spending towards store-branded items poses a risk to Hormel's sales and revenue growth. The stock currently trades over fair value, but a comeback is possible if inflation cools and sales volume continues to increase.

Hormel: Mixed Outlook For This Dividend King

With buzz already building around the new product, Hormel Foods anticipates HORMEL® Ribbon Pepperoni to be a showstopper in Las Vegas AUSTIN, Minn. , March 13, 2024 /PRNewswire/ -- Hormel Foods takes its role as a leader in the pizza and foodservice industries seriously, and this spring, the company is once again positioned as a trend setter.

Hormel Foods Expects to Once Again Wow the Crowd at International Pizza Expo with its Latest Pizza-Topping Innovation: HORMEL® Ribbon Pepperoni

AUSTIN, Minn. , March 12, 2024 /PRNewswire/ -- The makers of HORMEL® Chili today launched Double Dippable Chips, the first "breakable" chips designed to allow people to double-dip into their favorite chili dips without committing a social faux pas.

The Makers of HORMEL® Chili Solve the Double-Dip Dilemma with Double Dippable Chips

New packaging for the brand's line of deli products features new logo, and reduces the brand's use of packaging materials for deli products by more than 168 tons per year AUSTIN, Minn. , March 12, 2024 /PRNewswire/ -- The makers of the HORMEL® NATURAL CHOICE® brand have always prioritized the development of 100% natural1, delicious deli products that provide nourishment for consumers.

Packaging Redesign for the HORMEL® NATURAL CHOICE® Brand Provides New Look, New Feel

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Dividend growth investors focus on consistently growing dividends rather than high yields, as it ensures income continues to grow over time. Dividend safety is often considered of utmost importance for an income investor; however, future dividend growth can pose a greater risk to meeting future goals. The dividend growth coverage ratio, which compares earnings growth to dividend growth, can help determine a company's ability to sustain dividend growth in the long run.

Rethinking Risk: Why It's Time To Shift Focus From Dividend Safety To Dividend Growth

News for Hormel Foods Stock (HRL)