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

Becton, Dickinson and Co.

The Dividend King index is a collection of just 45 companies with at least 50 consecutive years of dividend growth. These companies have raised payments to shareholders through multiple recessions, showing the strength of their respective business models.

2 Dividend Kings Outperforming the S&P 500 Index

While Hormel Foods Corporation's quarterly organic net sales growth has slowed in the recent quarters, the firm has still managed to reach a record net sales of $3.0 billion in Q2. Despite the decline in export volumes, the demand for Hormel's products remains high.

Hormel Is Boring, Hormel Is Attractive

AUSTIN, Minn. , Sept. 29, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE: HRL), a Fortune 500 global branded food company, announced that it has provided support to Convoy of Hope's disaster recovery response in the wake of Hurricane Ian.

Hormel Foods Provides Food for Hurricane Ian Relief Efforts

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Hormel Foods is a longtime dividend payer with an incredible 56 consecutive years of increases.

This Dividend King Is Showing Growth -- But Should You Really Buy?

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For investors, 2022 has been a very grim year. Both the Nasdaq and the S&P 500 are back in bear market territory.

This Sector Continues Higher, and 7 Top ‘Strong Buy' Stocks Also Pay Big Dividends

In Honor of National Tailgating Month, Hormel Foods Releases Surprising Data Around U.S. Tailgating Choices and Etiquette; From Onsite "Jobs" and What to Bring, When to Arrive and Grilling Methods; Hormel Foods Unearths National Tailgating Habits, State-by-State AUSTIN, Minn. , Sept. 20, 2022 /PRNewswire/ -- Today, Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, shared the results of its latest national consumer survey about tailgating preferences and etiquette.

Findings Show that Despite all New Food Options, the Hamburger and Hot Dog Still Reign Supreme When it Comes to Football Tailgates

Plaza and sculpture are tributes to those who feed the world; anchors outdoor meeting space at global headquarters AUSTIN, Minn. , Sept. 16, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, unveiled "The Inspired People Plaza" at its global headquarters in Austin, Minn.

Hormel Foods Unveils "The Inspired People Plaza" and 25-Foot-Tall Sculpture by International Artist Gordon Huether

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These 2 Stocks Can Help Make You Richer by Retirement

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With Federal Reserve chair Jerome Powell effectively setting the stage for a challenging environment in the equities sector, investors ought to consider the most relevant blue-chip stock picks to beat the September market slump. As well, it's not just Powell creating rumblings in the investment space.

7 Blue-Chip Stock Picks to Beat the September Market Slump

Hormel Foods Corp. ( HRL , Financial) is a consumer packaged foods company that develops, processes and distributes various meat, nuts and food products to retail, foodservice, deli and commercial customers on a global basis. It provides various perishable products such as fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles and bacon.

Hormel Foods: A Quality Food Producer, but Overvalued

Hormel Foods' (HRL) third-quarter top and bottom lines increase year over year. While management raises its sales view for fiscal 2022, it lowers its earnings per share guidance.

Hormel Foods (HRL) Q3 Earnings Lag Estimates, Revenues Up Y/Y

Dividend King Hormel retreats to support where it may fire off the next strong trend-following signal of its ongoing 14-year uptrend.

Hormel Looks Cheap At These Levels

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September is here and, apparently, so is the return of the bear market. This time, if there is not a stand by the bulls at the 3,900 level on the venerable S&P 500, then we could be on our way to test the June market lows.

Why 7 Analyst Favorite Dividend Kings Could Be Huge Bear Market Winners

Hormel Foods Corporation (NYSE:HRL ) Q3 2022 Results Conference Call September 1, 2022 9:00 AM ET Company Participants David Dahlstrom - Director of Investor Relations Jim Snee - Chairman, President and Chief Executive Officer Jacinth Smiley - EVP and CFO Conference Call Participants Rupesh Parikh - Oppenheimer Ben Theurer - Barclays Ken Zaslow - Bank of Montreal Tom Palmer - JPMorgan Robert Moskow - Credit Suisse Michael Lavery - Piper Sandler Jim Salera - Stephens Peter Galbo - Bank of America Adam Samuelson - Goldman Sachs Operator Good morning, everyone, and welcome to the Hormel Foods Third Quarter 2022 Earnings Webcast and Conference Call. All participants will be in listen-only mode.

Hormel Foods Corporation (HRL) Q3 2022 Earnings Call Transcript

Hormel (HRL) delivered earnings and revenue surprises of -2.44% and 1.14%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Hormel Foods (HRL) Q3 Earnings and Revenues Miss Estimates

Shares of Hormel Foods Corp. HRL, -0.75% dropped 4.3% in premarket trading Thursday, after the branded food company raised its full-year sales outlook but cut its profit view, citing expectations that high cost inflation will persist. The company also reported fiscal third-quarter net income to the quarter to July 31 that rose to $218.l9 million, or 40 cents a share, from $176.9 million, or 32 cents a share, in the year-ago period.

Hormel Foods stock drops after profit miss and outlook lowered, while sales guidance was raised

The company delivers its seventh consecutive quarter of record sales  and fourth consecutive quarter of earnings growth  AUSTIN, Minn. , Sept. 1, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the third quarter of fiscal 2022.

HORMEL FOODS REPORTS THIRD QUARTER RESULTS AND REVISES FULL YEAR SALES AND EARNINGS GUIDANCE

Hormel shares have posted market-beating returns over the last month and YTD, telling us that buyers have remained in control.

Hormel Foods Q3 Preview: Can Shares Stay Hot?

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Company shares its food journey progress as a leading corporate citizen  AUSTIN, Minn. , Aug. 30, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the launch of its 16th annual Global Impact Report.

Hormel Foods Launches its 16th Annual Global Impact Report

Hormel Foods' (HRL) third-quarter fiscal 2022 performance will likely reflect gains from strength in the retail business. Also, improving foodservice division bodes well.

Hormel Foods (HRL) Q3 Earnings Coming Up: Things to Consider

Hormel (HRL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why Hormel (HRL) Could Beat Earnings Estimates Again

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Earnings per share (EPS) growth of S&P 500 companies so far this week has remained almost unchanged from last week and is at the lowest level since the fourth quarter of 2020.

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Hormel (HRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for Hormel Foods Stock (HRL)