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

Retailer Will Carry Thick & Easy® Products for Those with Swallowing Difficulties AUSTIN, Minn. , July 26, 2023 /PRNewswire/ -- For Ohio residents that are challenged by Dysphagia, Hormel Health Labs is pleased to announce that a selection of its dysphagia products is now available at Discount Drug Mart locations throughout Ohio.

Hormel Health Labs Brings Leading Line of Products to Discount Drug Mart Locations Throughout Ohio to Help Those Challenged by Dysphagia

New streaming series featuring inspired culinary exploration and flavor adventures will share stories of craft food and beverage artisans in San Francisco, Portland and San Diego HAYWARD, Calif. , July 26, 2023 /PRNewswire/ -- Columbus Craft Meats, maker of premium, award-winning Italian deli meats and charcuterie for more than 100 years, is today announcing the launch of its new film series streaming on YouTube, "Search for the Perfect Bite.

Columbus Craft Meats Launches 'Search for the Perfect Bite' Original Film Series on YouTube

Medtronic

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You Don't Have to Pick a Winner in Dividend Stocks -- Here's Why

Hormel Foods (HRL) intends to strengthen its business on the back of strategic acquisitions. The company is on track with stabilizing margin pressures amid cost inflation.

Capacity Expansions Fuel Hormel Foods (HRL), High Costs Ail

AUSTIN, Minn. , July 12, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Scott Aakre as group vice president and chief marketing officer of the Hormel Foods Retail business.

Hormel Foods Announces the Appointment of Scott Aakre as Group Vice President and Chief Marketing Officer of the Company's Retail Business

AUSTIN, Minn. , July 12, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Lisa Selk as senior vice president of Brand Fuel, the company's center of excellence focused on consumer insights and innovation for its portfolio of more than 30 leading brands.

Hormel Foods Appoints Lisa Selk Senior Vice President of Brand Fuel

AUSTIN, Minn. , July 12, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Natosha Walsh as vice president of marketing for Convenient Meals and Proteins within the company's Retail business.

Hormel Foods Appoints Natosha Walsh Vice President of Marketing for Convenient Meals and Proteins

AUSTIN, Minn. , July 12, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Lynn Egner as vice president of Retail sales - West.

Hormel Foods Appoints Lynn Egner Vice President of Retail Sales - West

The company's dynamic sales team recognized by Selling Power for 22nd time, this year ranking No. 14 AUSTIN, Minn.

Hormel Foods Named One of 50 Best Companies to Sell For

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The Taxable Account generated $2,111.31 of dividend income for June 2023 compared with $1,825.40 of dividend income for June 2022. The Taxable Account had a balance of $533.9K as of June 30, 2023, vs. $493.5K on June 30, 2022. The annualized cost basis yield is 5.44%. Five companies in the Taxable portfolio paid increased dividends or paid a special dividend during the month of June.

The Retirees' Dividend Portfolio: John And Jane's June 2023 Taxable Account Update

Hormel Foods (HRL) is poised to benefit from its business strength, strategic investments and acquisitions. However, supply-chain inefficiencies remain concerning.

Hormel Foods (HRL) Exhibits Solid Prospects Despite Risks

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The ProShares S&P 500 Dividend Aristocrats ETF is recovering in June after a poor performance in May, with a 5.96% gain compared to a 5.90% loss in the previous month. Despite this, 31 dividend aristocrats are outperforming NOBL year-to-date through May. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After nearly 23 months, 2 of the 3 buy-and-hold portfolios continue to generate alpha over NOBL and all 3 are beating SPY.

My Best Dividend Aristocrats For July 2023

Hormel is an iconic food maker. The company is dealing with some industry -- and company -- headwinds.

Hormel Foods Stock: Buy, Sell, or Hold?

Ross Stores

Hormel Foods and Ross Stores both possess encouraging growth outlooks. Each company pays a decent dividend that stands to keep growing.

Looking for Dividend Growth? These 2 Stocks Have Tripled Their Payouts in the Past Decade

Hormel Foods has a historically high 2.7%-or-so dividend yield. The company is muddling through a rough patch.

Here's My Top Dividend Growth Stock to Buy Now

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Without rehashing the wild ride we experienced in the market so far in 2023, I could find comfort in one thing, my dividends. Hitting the elusive four-digit mark in May has been a welcome sign for me on my dividend growth journey. In May 2022 I brought in $862.43 and this May I have seen a year over year increase of 23.8%.

Dividend Income Update May 2023

Company's one-of-a-kind restaurant exhibit demonstrates practicality and menu appeal of innovative product portfolio AUSTIN, Minn. , June 16, 2023 /PRNewswire/ -- Ask foodservice operators what keeps them up at night, and labor challenges will likely be at or near the top of the list.

Hormel Foods Highlights Food-Forward Portfolio at National Restaurant Association Show; Offers Chef-Inspired Lineup of Value-Added Products for Restaurateurs

Hormel's largest acquisition in its history was the Planters purchase in 2021. The brand came with material benefits, including greater exposure to convenience stores.

Is Hormel's Largest-Ever Acquisition Paying Off for Investors?

Three 'nutty' new captains take the helm of the famous traveling NUTmobile AUSTIN, Minn. , June 14, 2023 /PRNewswire/ -- The Planters ® NUTmobile, the world-famous 26-foot traveling nut on wheels, is once again taking America's salty streets by storm with a new trio of dedicated Peanutters at the helm.

PLANTERS® BRAND TEAM INTRODUCES ITS 2023 CLASS OF PEANUTTERS TO THE SALTY STREETS OF AMERICA

Nominating Window Now Open to Spotlight Young People Making a Positive Impact AUSTIN, Minn. , June 9, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today the nominating window is open for the next cohort of 10 Under 20 Food Heroes.

HORMEL FOODS BEGINS SEARCH FOR 2023 CLASS OF 10 UNDER 20 FOOD HEROES

News for Hormel Foods Stock (HRL)