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 2021 Market Outlook And Some New Stock Picks - Ryan Detrick And Eddy Elfenbein Join Alpha Trader

Momentum for Hormel Foods stock is at its nadir while there are enough positives to make this a stock for serious consideration in one's portfolio. The recent slip in share price brings it closer to a reasonable valuation but there are tough days ahead with the pandemic hitting the foodservice segment hard again.

Hormel Foods Still A Buy After A Tough Year

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This article is part of our monthly series where we highlight five companies that are large cap, relatively safe, dividend paying, and are offering large discounts to their historical norms. It's always a good idea to keep your wish list ready by separating the wheat from the chaff.

5 Safe And Cheap Dividend Stocks To Invest In (January 2021)

AUSTIN, Minn., Dec. 30, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, was recently named of one America's Most Responsible Companies by Newsweek magazine for the second year in a row. Hormel Foods was ranked No. 161 out of the top 400 companies...

Hormel Foods Named one of America's Most Responsible Companies by Newsweek for the Second Year in a Row

Hormel Foods' (HRL) prudent product launches are boosting retail business, amid weak foodservice channel.

Product Launches Keep Hormel Foods (HRL) Poised for Growth

Hormel (HRL) reported earnings 30 days ago. What's next for the stock?

Hormel (HRL) Up 1% Since Last Earnings Report: Can It Continue?

Hormel Foods (HRL) opens Papillion Foods, a 535,000-square feet manufacturing plant, to make salami and dry sausage products.

Hormel Foods (HRL) Opens New Production Unit to Boost Capacity

AUSTIN, Minn., Dec 22, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced the opening of its newest production facility, Papillion Foods, located in Papillion, Neb., which will make dry sausage products for the company. "We are excited to...

Hormel Foods Opens its Newest Production Facility

Hormel Foods' (HRL) new protein puffs are likely to add more gleam to its plant-based product line-up.

Hormel Foods (HRL) Expands Plant-Based Protein Offerings

Hormel Foods' (HRL) focus on product innovations are yielding. Also, the company's lucrative buyouts are noteworthy.

Hormel Foods (HRL) Benefits From Brand Strength, Costs High

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8 Dividend Increases Expected In December 2020

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The shares of Hormel Foods Corp (NYSE:HRL) are down 0.5% at $46.98 today, after receiving a price-target cut from JP Morgan to $44 from $45, as well as a price-target hike from Piper Sandler to $48 from $47.

Hormel Foods Stock Signal Has Never Been Wrong

Hormel Foods Corporation (HRL) CEO Jim Snee on Q4 2020 Results - Earnings Call Transcript

Hormel Foods Corp. (NYSE:HRL) released its fiscal fourth-quarter 2020 results before the market opened on Nov. 24. Both earnings and revenue failed to surpass Zacks' consensus estimate.

What Investors Should Know About Hormel Foods' 4th-Quarter Results

Hormel Foods' (HRL) fourth-quarter fiscal 2020 results reflect persistent weakness in the foodservice channel. Moreover, high costs related to the pandemic put pressure on profits.

Hormel Foods (HRL) Q4 Earnings Miss Estimates, Sales Down Y/Y

Hormel (HRL) delivered earnings and revenue surprises of -2.27% and -7.06%, respectively, for the quarter ended October 2020. Do the numbers hold clues to what lies ahead for the stock?

Hormel Foods (HRL) Misses Q4 Earnings and Revenue Estimates

Shares of Hormel Foods Corp. shed 2.3% in premarket trading Tuesday, as the packaged foods company reported fiscal fourth-quarter profit that fell shy of expectations and a surprise decline in revenue, weighed by weakness in the foodservice business amid the COVID-19 pandemic. Net income fell to $234.4 million, or 43 cents a share, from $255.5 million, or 47 cents a share, in the year-ago period.

Hormel's stock falls after profit and sales miss, as foodservice weakness offset retail, deli strength

AUSTIN, Minn., Nov. 24, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the fourth quarter of fiscal 2020. All comparisons are to the fourth quarter of fiscal 2019 unless otherwise noted. The impact of the...

Hormel Foods Reports Fourth Quarter And Fiscal 2020 Earnings

AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 5 percent increase to the annual dividend to shareholders, marking the 55th consecutive annual dividend increase. The annual...

Hormel Foods Announces 55th Consecutive Increase to Annual Dividend

AUSTIN, Minn., Nov. 23, 2020 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced it will host the World's Largest Virtual Friendsgiving Hormel Foods Edition on Tuesday, Nov. 24, from 7-8 p.m. CT on the Hormel Foods YouTube channel. Hormel...

Hormel Foods To Host Star-Studded Virtual Friendsgiving Tuesday, November 24

Increased demand in retail channel amid COVID-19 is likely to get reflected in Hormel Foods' (HRL) fourth-quarter fiscal 2020 numbers. However, soft foodservice business is a concern.

Hormel Foods (HRL) to Report Q4 Earnings: What's in Store?

The packaged meat products maker has been a fairly solid play through thick and thin.

News for Hormel Foods Stock (HRL)