Hormel Foods(HRL)
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Hormel Foods and Forward Consumer Partners Complete Transaction to Establish Justin's as a Standalone Company
Prnewswire· 2025-12-15 21:30
AUSTIN, Minn. and GREENWICH, Conn., Dec. 15, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, and Forward Consumer Partners ("Forward"), a private investment firm focused on branded consumer products, today announced the completion of the previously announced transaction to form a new strategic partnership for the Justin'sо brand. Continue Reading Established in 2004 in the home kitchen of health enthusiast Justin Gold, Justin's supports an on-the-go life ...
Hormel Foods Corporation Investigated by the Portnoy Law Firm
Globenewswire· 2025-12-15 21:20
LOS ANGELES, Dec. 15, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Hormel Foods Corporation, (“Hormel" or the "Company") (NYSE: HRL) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/hormel-foods-corporation. The Portno ...
Hormel (HRL) Featured in Barclays’ Forward Look at Agriculture and Protein Demand
Yahoo Finance· 2025-12-15 14:43
Hormel Foods Corporation (NYSE:HRL) is included among the 13 Best Blue Chip Stocks to Buy Under $50. Hormel (HRL) Featured in Barclays’ Forward Look at Agriculture and Protein Demand On December 9, Barclays cut its price target on Hormel Foods Corporation (NYSE:HRL) to $31 from $30 as it outlined its view for the Americas agribusiness sector. However, the firm maintained an Overweight rating on the shares. Barclays expects the agriculture market to deliver mixed results next year. The firm is more optimi ...
The SKIPPY® brand partners with Milk Bar® to reveal the secret ingredient behind a holiday favorite
Prnewswire· 2025-12-15 13:00
®®® "Peanut butter is at the heart of so many holiday traditions, from classic cookies to buckeyes," said Sam Hovick, brand manager for the SKIPPY brand. "When we discovered that SKIPPY Creamy Peanut Butter was the secret behind this iconic Milk Bar dessert, we knew it was a match made in peanut butter heaven. This partnership offers something for everyone, whether you ship the pie to loved ones, pick it up in-store or create your own version at home." As part of this collaboration, the brands are unveiling ...
Hormel: Experiencing Short-Term Headwinds, But It's Fairly Priced (HRL)
Seeking Alpha· 2025-12-11 20:18
This could be a good time to buy one of the best dividend stocks. According to SA, Hormel Foods Corporation ( HRL ) currently has a forward yield of 4.95%. This company is also on-trend becauseI am a freelance business writer. I formerly wrote articles for the Motley Fool Blogging Network, where I won several editor's choice awards. After that, I wrote articles for the main Motley Fool site. I typically focus on restaurants, retailers, and food manufacturers, considering both growth opportunities and valuat ...
Hormel Foods turns to pricing, supply chain revamp to battle meat inflation
Yahoo Finance· 2025-12-10 08:43
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter. Dive Brief: Hormel Foods faced elevated pork and beef prices in fiscal 2025, while turkey supplies were constrained by the avian flu, interim CFO and Controller Paul Kuehneman said on a Dec. 4 earnings call. Cost inflation for pork bellies, pork cutout and pork trim rose 25%, 10% and 20%, respectively, during the year. Beef prices also rose significantly ...
ROSEN, LEADING TRIAL ATTORNEYS, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation – HRL
Globenewswire· 2025-12-09 22:08
NEW YORK, Dec. 09, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Hormel Foods Corporation (NYSE: HRL) resulting from allegations that Hormel may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Hormel securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrange ...
Earnings live: AutoZone, Toll Brothers stocks fall, Campbell's sales decline
Yahoo Finance· 2025-12-09 13:37
Group 1: Earnings Season Overview - The Q3 earnings season has shown solid results, with 99% of S&P 500 companies reporting a 13.4% increase in earnings per share, marking the fourth consecutive quarter of double-digit growth [2][3] - Analysts had initially expected a lower earnings growth of 7.9% for Q3, indicating a significant positive surprise in actual results [3] Group 2: Company-Specific Earnings Reports - AutoZone (AZO) reported earnings of $31.04 per share on revenue of $4.62 billion, missing estimates of $32.40 and $4.64 billion respectively, with gross profit decreasing due to inventory charges [6][7] - Campbell's Company (CPB) saw a 3% decline in net sales to $2.67 billion and earnings per share of $0.65, below the expected $0.71 [8][9] - Toll Brothers (TOL) reported earnings per share of $4.58, missing estimates of $4.89, while revenue was $3.41 billion, exceeding estimates of $3.31 billion [11][12] - Victoria's Secret (VSCO) stock rose over 13% after raising its 2025 guidance for net sales and earnings, forecasting net sales between $6.45 billion and $6.48 billion [18][19] - Hewlett Packard Enterprise (HPE) shares fell 4% after forecasting Q1 revenue below estimates, expecting $9 billion to $9.4 billion compared to the $9.9 billion expected [22] - CrowdStrike (CRWD) reported a 22% revenue increase to $1.23 billion, raising its full-year guidance to $4.79 billion to $4.80 billion [55][56] Group 3: AI Mentions and Market Sentiment - Mentions of "AI" on earnings calls reached a record high, with 306 S&P 500 companies citing the term, reflecting the growing importance of AI in corporate strategies [14][15] - Companies mentioning AI have experienced higher average stock price increases compared to those that did not, indicating a market trend favoring AI-related narratives [15][16] - Oracle (ORCL) is expected to report earnings soon, which may influence sentiment around AI and its cloud business backlog [17]
Earnings live: Toll Brothers stock falls on margin softness; investors look to Oracle, Broadcom results ahead
Yahoo Finance· 2025-12-08 21:54
Core Insights - The Q3 earnings season has shown strong results, with a projected 13.4% increase in earnings per share for S&P 500 companies, marking the fourth consecutive quarter of double-digit growth [2][3] - Oracle is anticipated to report significant earnings, following its impressive second quarter results that highlighted a substantial cloud backlog [4][17] - Mentions of "AI" during earnings calls have reached a record high, indicating its growing importance in corporate strategies and market performance [13][14] Group 1: Earnings Reports - Campbell's Company reported a 3% decline in net sales year over year to $2.67 billion, with earnings per share dropping to $0.65, below Wall Street estimates [6][7] - Toll Brothers' earnings per share for the fiscal fourth quarter were $4.58, missing estimates of $4.89, while revenue was $3.41 billion, slightly above expectations [10][11] - Victoria's Secret raised its 2025 guidance for net sales to $6.45 billion to $6.48 billion, up from previous estimates, and reported a net loss of $0.46 per share, better than expected [18][19][20] Group 2: Market Trends - The retail sector is experiencing shifts, with specialty retailers like GameStop and AutoZone expected to report results that will provide insights into consumer spending patterns [4] - Companies mentioning "AI" have seen a higher average stock price increase compared to those that did not, indicating a market trend favoring AI-related investments [14][15][16] - The competitive landscape for grocery retailers like Kroger is intensifying, with challenges from Amazon and Walmart affecting market sentiment [28][29] Group 3: Company Strategies - CrowdStrike raised its full-year revenue guidance, attributing growth to increased demand for its AI-driven cybersecurity solutions [55][56] - Snowflake's partnership with Anthropic aims to enhance its AI capabilities, although its revenue guidance fell short of expectations, leading to a stock decline [36][39][40] - Marvell announced the acquisition of Celestial AI for $3.25 billion, aiming to strengthen its position in AI datacenter infrastructure [61][63]
JPMorgan Reassesses Hormel (HRL) Outlook With Fresh Model Update
Yahoo Finance· 2025-12-06 19:16
Core Insights - Hormel Foods Corporation (NYSE:HRL) is recognized as one of the 15 Blue Chip Dividend Stocks suitable for building a passive income portfolio [1] - JPMorgan has updated its outlook on Hormel, raising the price target to $26 from $25 while maintaining a Neutral rating, indicating a positive adjustment in expectations following the company's early update on Q4 performance [2] - Hormel announced a 0.9% increase in its quarterly dividend, marking the 60th consecutive year of dividend growth, with the new dividend set at $0.2925 per share [3] Financial Performance - The early update from Hormel helped clarify Q4 cost and margin pressures, reducing surprises in quarterly results, which was positively noted by analysts [2] - The company's guidance was appreciated for balancing achievability with growth targets aligned with long-term goals [2] Strategic Initiatives - Hormel is undergoing restructuring efforts, including workforce reduction, to align resources with long-term priorities and enhance operational strength [4] - The company is focusing on growth through investments in technology, innovation, food safety, and quality, aiming to improve efficiency and competitiveness [4]