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

Operating Margin

Profit Margin

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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The stock market is at record highs. And more speculative growth names such as artificial intelligence-focused technology firms are skyrocketing.

The 7 Best Dividend Stocks to Buy in February 2024

With springtime celebrations and Mother's Day on the horizon, the makers of the HORMEL GATHERINGS® brand unveil all-new seasonal party tray AUSTIN, Minn. , Feb. 15, 2024 /PRNewswire/ -- The Hormel Gatherings ® brand has long been an integral staple of parties and get-togethers everywhere, and this spring, the brand team is proud to introduce another seasonal addition to its appetizing lineup of party trays.

Just in Time for Spring Holidays, the Hormel Gatherings® Brand Team Introduces Spring-Themed Honey Ham & Turkey Tray

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"What is a Dividend King? A stock with 50 or more consecutive years of dividend increases.”—suredividend.com. The 55 Dividend Kings screened as of February 12 represented 9 of 11 Morningstar Sectors. Broker targeted-top-ten net-gains ranged 14.3%-28.7% topped-by Northwest Natural, and Archer-Daniels Midland. By yield, Altria tops-all. Top-ten February King yields reported for UBSI, FRT, FTS, BKH, NWN, CDUAF, UVV, MMM, LEG, & MO averaged 6.00%.

February's 55 Dividend Kings: Buy 9, Watch 3

Hormel Foods has seen a substantial drop in price over the past 12 months, driving up its dividend yield to a historically high level. HRL has a strong portfolio of household brands, and potential for growth in its foodservice and snacking businesses.

Hormel: Discounted Dividend King With Historically High Yield

Global-branded food company recognized for empowering young changemakers and supporting their efforts to make the world a better place AUSTIN, Minn. , Feb. 8, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded Fortune 500 food company, was honored this week at the third-annual Anthem Awards, which recognized the company for the success of its 10 Under 20 Food Heroes program.

Hormel Foods and its 10 Under 20 Food Heroes Program Honored at 3rd Annual Anthem Awards

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"Dividend Aristocrats. in the S&P 500 Index… have raised their annual payouts every year for at least 25 consecutive years. "--Kiplinger.com. 67 Aristocrats, screened as of February 5, 2024 represented all eleven Morningstar Sectors. Broker estimated-top-ten net-gains ranged 11.95%-40.69% topped-by APD & ADM.

5 Dividend Aristocrats Signal Buy In February And 6 To Watch

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Investors are pricing in a substantial number of interest rate cuts in the coming months, which has led to a surge in stock prices. And while investors might think they've missed out on the run, they haven't.

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Customized with Hometown Fare from Kansas City and San Francisco, the HORMEL®  Chili Board will be the Centerpiece of any Big Game Party AUSTIN, Minn. , Feb. 6, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is joining a hot new trend just in time for the Big Game.

HORMEL FOODS INSPIRES FAN SNACKING FOR THE BIG GAME WITH HORMEL® CHILI BOARD

AUSTIN, Minn. , Feb. 5, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the promotion of Matt Schrupp to vice president of supply chain operations — Jennie-O Turkey Store.

Hormel Foods Announces the Advancement of Matt Schrupp to Vice President of Supply Chain Operations for Jennie-O Turkey Store

AUSTIN, Minn. , Feb. 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's first quarter financial results.

Hormel Foods Corporation to Hold First Quarter Earnings Conference Call

AUSTIN, Minn. , Feb. 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Mark Coffey, group vice president of supply chain.

Hormel Foods Announces the Retirement of Mark Coffey, Group Vice President of Supply Chain, and the Advancement of Steve Lykken

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My Best Dividend Aristocrats For February 2024

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Forget Coca-Cola: Buy This Magnificent Consumer Staples Stock Instead

Three-time Solheim Cup competitor joins forces with Mexico's favorite salsa brand ORANGE, Calif. , Jan. 25, 2024 /PRNewswire/ -- The makers of HERDEZ®  brand salsa, the No.

The Makers of the HERDEZ® Brand Announce Partnership with LPGA Golfer Megan Khang

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AUSTIN, Minn. , Jan. 23, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced it will hold its 2024 Annual Meeting of Stockholders virtually.

Hormel Foods To Hold Virtual Annual Meeting of Stockholders

Hormel Foods (HRL) is battling weakness in the International segment. In addition, inflationary headwinds continue to hurt.

Hormel Foods (HRL) is in a Tough Spot for 2024, Hurt by Costs

Enbridge

Food maker Hormel is a Dividend King with a historically high yield. Utility Black Hills Corporation is a Dividend King whose yield is near decade highs.

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Company names Darren Carter successor AUSTIN, Minn. , Jan. 18, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the upcoming retirement of Pat Schwab, vice president of Retail Sales – East.

Hormel Foods Announces Retirement of Pat Schwab, Vice President of Retail Sales - East

Inflation remains a challenge for companies with limited pricing power, particularly in sectors such as utilities and consumer staples. Hormel Foods has underperformed in the consumer staples sector, but recent developments indicate potential for improvement and long-term value. The company is focusing on global expansion, operational efficiency, and shareholder value, making it an attractive investment opportunity despite inflation concerns.

Down 40%, 3.6%-Yielding Hormel Foods Has Become Very Attractive

News for Hormel Foods Stock (HRL)