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.

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Cost of revenue

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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

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Income tax payable

Non-current liabilities

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Stockholders equity

Minority interest

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Book value per share

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Purchase/sale of investments

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Change in stock

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Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Hormel's stock performance has lagged that of the broader market since the start of the year. It's seen some margin pressure, but management is taking steps to address this with aggressive pricing on its strong brands.

Hormel: Buy The Dip On This Dividend Aristocrat

WILLMAR, Minn., Oct. 14, 2021 /PRNewswire/ -- Jennie-O Turkey Store, one of the most beloved turkey brands in the world, today announced the return of its 1-800-TURKEYS hotline, as well as additional helpful tools and resources for consumers to help with planning their turkey day meals.

Jennie-O Thanksgiving Hotline Opens Nov. 1

AUSTIN, Minn., Oct. 14, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, will host a virtual Investor Update later this morning.

Hormel Foods Corporation to Host 2021 Virtual Investor Update Webcast

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Best Dividend Kings For October 2021

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On the two-year anniversary of the Alpha Trader podcast, hosts Aaron Task and Stephen Alpher welcome back to the show, Bob Iaccino, co-founder of The Stock Think Tank.

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Hormel Foods (HRL) is strengthening its business on the back of strategic acquisitions. However, the company is encountering inflationary pressure.

Capacity Expansion Aids Hormel Foods (HRL), Costs Inflated

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We provide a summary of upcoming ex-dividend dates in a quick reference table. The table includes relevant data and key statistics as well as the next payout and pay date.

Upcoming Ex-Dividend Dates: October 12-25, 2021

Conagra Brands

JPMorgan analysts downgraded Conagra Brands Inc. and upgraded Hormel Foods Corp., moving all of the large food companies that analysts say have “limited long-term growth potential” into the same neutral stock rating category.

The Ratings Game: JPMorgan downgrades Conagra and upgrades Hormel, as inflation fears should keep investors in many large food companies on the sidelines

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The turbulence in the market is still high, with recent events, such as: Delta-Variant, Government Shutdown, Inflation, etc. As a dividend stock investor, it's been harder and harder to find an undervalued dividend stock.

Dividend Stock Watch List: Lanny's October 2021 Edition

Hormel Foods Corporation (NYSE: HRL), through its venturing company 199 Ventures, has partnered with The Better Meat Co. on developing new mycoprotein and plant-based protein products. What Happened: The Better Meat Co. was founded in Sacramento in 2018 and focuses on producing animal-free protein through potato-based fermentation, resulting in ingredients like Rhiza designed to improve sustainability while creating alternative meat foods.

Hormel In New Partnership For Developing Plant-Based Foods

Hormel Foods Corp. HRL, +0.07% has announced a partnership between its incubator venture company, 199 Ventures, and The Better Meat Co. that will bring plant-based and other protein-alternative products to market. The items will contain The Better Meat Co.'s Rhiza mycoprotein, an ingredient made using potato-based fermentation that mimics meat's texture and has high level of protein and iron.

Hormel announces partnership that will bring protein-alternative products to grocery shelves

AUSTIN, Minn., Oct. 6, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced its venturing company, 199 Ventures, has entered into an exclusive partnership with The Better Meat Co. to bring new mycoprotein and plant-based protein products to the marketplace.

Hormel Foods to Partner with The Better Meat Co. for Food Forward Alternative Protein

So far, Hormel's impressive growth over time was in the U.S. But global expansion has management optimistic that it can drive steady growth for decades more. Hormel's five-year consensus total return potential is 5%-11% CAGR.

Hormel Foods Is An Ideal Dividend Aristocrat For Troubled Times

AUSTIN, Minn., Sept. 29, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced the release of its newest film, Out of the Smoke, highlighting the heroic efforts of smokejumpers as told through the incredible journey of one of their own, Kenneth Perry.

Hormel Foods Films Holds the World Premiere of Out of the Smoke during its Spirit Week events, celebrating the SPAM® brand connection to Smokejumpers

A. O. Smith

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The stock market has pulled back a little and these two reliable dividend payers look like they are on sale. It could be time to buy.

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There's a massive labor crunch in the services sector, but this food maker is ready to help its customers -- and boost its stock.

This Dividend Aristocrat Has a Partial Fix for Labor-Starved Restaurants

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AUSTIN, Minn., Sept. 22, 2021 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the launch of its 15th annual corporate responsibility (CR) report.

Hormel Foods Shares Food Journey Progress in 15th Annual Corporate Responsibility Report

WILLMAR, Minn., Sept. 21, 2021 /PRNewswire/ -- Jennie-O Turkey Store, one of the most beloved turkey brands in the world, today announced its Thanksgiving survey results.

Jennie-O Turkey Store Shares 2021 Thanksgiving Trends And Predictions As Consumers Prep For The Holiday Season

Hormel Foods (HRL) is focusing on efforts to strengthen its business on the back of strategic acquisitions. However, it is encountering major inflationary pressure in most areas.

Capacity Expansion Aids Hormel Foods (HRL), High Costs Persist

AUSTIN, Minn., Sept. 16, 2021 /PRNewswire/ -- Hormel Health Labs introduced today THICK & EASY® TEXTURE MODIFIED BREAD AND DESSERT MIX, making consumption of bread products easier for those with swallowing difficulties, medically referred to as dysphagia.

Hormel Health Labs Revolutionizes Dysphagia Diet Baking with new THICK & EASY® TEXTURE MODIFIED BREAD AND DESSERT MIX

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The market is 30% overvalued, and September is historically a time when many corrections begin. Fortunately, there are plenty of high-yield/low volatility blue chips to choose from.

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News for Hormel Foods Stock (HRL)