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

General Mills

Inflation allowed food makers to jack up prices, but now the fight is going to be over market share. General Mills offers a historically attractive 3.7% dividend yield and has a long history of success.

Got $1,000? 2 Stocks to Buy for the Long Term

Global branded food company sets ambitious targets for reducing greenhouse gas emissions across its value chain over next 7 years AUSTIN, Minn. , Oct. 4, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company known for its commitment to sustainability, recently had its greenhouse gas (GHG) reduction targets validated by the Science Based Targets initiative (SBTi).

Hormel Foods Commits to Reducing Greenhouse Gas Emissions 50% by 2030

On retail shelves until December, this party tray is great for those on-the-go occasions AUSTIN, Minn. , Oct. 3, 2023 /PRNewswire/ -- For any snacking needs that might accompany the outdoor activities of the fall season, the Hormel Gatherings® brand has consumers covered.

For Autumn Enthusiasts, the Hormel Gatherings® Trailhead Party Tray is the Perfect Snacking Centerpiece for Any Fall Get-Together

Realty Income Corp

Unilever

Unilever is starting to see some good results as it works to turn its business around. Hormel Foods is struggling today, but the historically high yield is very attractive.

My Top 3 Dividend Stocks to Buy Now

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The ProShares S&P 500 Dividend Aristocrat ETF fell by 2.34% in August and is down 6.25% in September bringing its year-to-date return down to -0.70%. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 26 months of tracking these strategies, only 1 strategy is beating NOBL but all 3 continue to outperform SPY.

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Tyson Foods

Conagra Brands

Pilgrim's Pride

The Justice Department has filed a civil antitrust lawsuit against meat data provider Agri Stats, charging it with organizing and managing anticompetitive information exchanges among broiler chicken, pork and turkey processors.

Meat-processor stocks fall after DoJ brings antitrust suit against data provider Agri Stats

Global branded food company and its leading turkey brand continue to advance renewable energy projects at their Montevideo, Minn., plant MONTEVIDEO, Minn.

Hormel Foods, Jennie-O Turkey Store Celebrate Completion of Latest Community Solar Project

Exxon Mobil

The economic outlook is increasingly uncertain. Between inflation, high-interest rates, and an aggressive Federal Reserve, there is plenty that could hamper the market's returns over the next year.

Don't Miss the Boom: 7 Dividend Stocks Set to Explode Higher

Hormel Foods (HRL) continues to operate in a volatile, complex and high-cost environment. Weakness in the International segment is a hurdle.

Hormel Foods (HRL) Appears Dull on Supply-Chain, Cost Woes

Company shares commitment to sustainability and impact of worldwide ESG efforts AUSTIN, Minn. , Sept. 21, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the launch of its 17th annual Global Impact Report.

Hormel Foods Releases 17th Annual Global Impact Report

Company recognized for leadership in green power use, climate change initiatives AUSTIN, MN / ACCESSWIRE / September 20, 2023 / Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company known for its corporate citizenship, announced today that it has received a 2023 Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA) and the Market Development Award from the Center for Resource Solutions (CRS). For more than 20 years, the EPA's annual Green Power Leadership Awards have recognized America's leading green power users for their commitment to using renewable electricity and advancing the nation's green power market.

Hormel Foods Receives EPA Green Power Leadership and CRS Market Development Awards

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When times get tough, investors turn to dividend stocks, particularly Dividend Kings. Rising prices, elevated energy costs, and slowing economic growth mean the one constant investors can count on is the reliability of dividend stocks to see them through.

8 Dividend Kings Down 11% or More You'll Regret Not Buying on the Dip

Chef Barry Greenberg offers original brining concepts to help keep dry, bland turkeys at bay AUSTIN, Minn. , Sept. 19, 2023 /PRNewswire/ -- Turkey is an unquestioned staple of the Thanksgiving holiday in America, but from a cooking standpoint, it's an easy thing to get wrong.

Culinary Experts at Hormel Foods Offer Insight to Help Consumers Keep Their Holiday Turkeys Succulent and Flavorful

Great companies reward shareholders with regular dividend increases. Hormel Foods has increased its dividend annually for 57 years.

2 Brilliant Stocks to Buy Now and Hold Forever

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AT&T 5.35 % Notes 2017-01.11.66 Global

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The market may move up and down irrationally and seemingly on a whim while our dividends remain much more stable, reliable, and predictable. Dividends may not increase every year and a cut or elimination is even possible but the odds are greatly reduced when you diversify among different companies and sectors and focus on dividend quality. It will be interesting to see how the market plays out in the last quarter of the year.

Dividend Income Update August 2023

Con Ed

J. M. Smucker

Investors need to be aware of the volatility of their stocks. Owning too many high-volatility positions can create a scenario in which your portfolio loses more than the S&P 500 index during bear markets.

3 Low-Beta Dividend Stocks to Reduce Portfolio Volatility

Honorees from across the US will be welcomed today at company's global headquarters; philanthropic achievements to be recognized and celebrated AUSTIN, Minn. , Sept. 13, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its second cohort of 10 Under 20 Food Heroes.

Hormel Foods Announces 2023 Class of 10 Under 20 Food Heroes

For the next week, America's No. 1 pepperoni brand* is partnering with TV personality Adam Richman and giving  pepperoni fans the opportunity to purchase daily drops of extremely limited pepperoni pizza-inspired products, from vehicle rims to mystery boxes AUSTIN, Minn.

HORMEL® Pepperoni Opens First-of-its-Kind Online Shop to Help Fans Gear Up for National Pepperoni Pizza Day

Available only this fall, these hams are available to be ordered until Sept. 15 AUSTIN, Minn.

For a Limited Time, Hormel Foodservice Offers Cure 81® Pumpkin Spice Ham

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Falling meat prices and slowing demand in China ate into profit and sales at Hormel Foods (HRL), the maker of Spam, Skippy Peanut Butter, and other foods, which cut its full-year guidance.

Hormel Misses Forecasts, Cuts Outlook on Falling Meat Prices and Lower Demand in China

The piñata was designed by the Masa Collective and ACES HIGH and was awarded the record at the Charro Association Arena in San Antonio, Texas CHICAGO , Aug. 31, 2023 /PRNewswire/ -- The makers of the Corn Nuts ® brand are now an official GUINNESS WORLD RECORDS™ title holder. On Aug. 30 at the Charro Association Arena in San Antonio, Texas, the makers of the Corn Nuts® brand set a new record for largest piñata, a massive display filled with Corn Nuts ® products in honor of the brand's latest flavor innovation: Corn Nuts ® Mexican Street Corn.

Makers of the Corn Nuts® Brand Become the GUINNESS WORLD RECORDS™ Title Holder for the Largest Piñata

Hormel Foods Corporation (NYSE:HRL ) Q3 2023 Results Conference Call August 31, 2023 9:00 AM ET Company Participants David Dahlstrom - Director, IR Jim Snee - Chairman of the Board, President & CEO Jacinth Smiley - EVP, CFO Deanna Brady - EVP- Retail Conference Call Participants Adam Samuelson - Goldman Sachs Ben Theurer - Barclays Ben Bienvenu - Stephens Peter Galbo - Bank of America Rupesh Parikh - Oppenheimer Tom Palmer - JP Morgan Operator Good morning, and welcome to the Hormel Foods Corporation Third Quarter Earnings Conference Call. [Operator Instructions].

Hormel Foods Corporation (HRL) Q3 2023 Earnings Call Transcript

Hormel Foods' (HRL) third-quarter fiscal 2023 results reflect weakness in the Retail and International segments. Continued momentum in the Foodservice unit acts as an upside.

Hormel Foods (HRL) Stock Dips on Q3 Earnings & Sales Miss

Hormel Foods (HRL) came out with quarterly earnings of $0.40 per share, missing the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.40 per share a year ago.

News for Hormel Foods Stock (HRL)