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ROSEN, A LONGSTANDING LAW FIRM, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-12 22:38
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hormel Foods Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation Details - The investigation is prompted by a Wall Street Journal article published on October 29, 2025, which reported that Hormel cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility [3]. - Following the news, Hormel Foods' stock experienced a significant decline of 9.1% on the same day [3]. Group 2: Class Action Information - Shareholders who purchased Hormel securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - Interested investors can join the prospective class action by visiting the provided link or contacting the law firm directly [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and consistently ranking among the top firms for securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4].
Hormel Foods Corporation to Hold Fourth-Quarter Earnings Conference Call
Prnewswire· 2025-11-11 23:00
Core Viewpoint - Hormel Foods Corporation will discuss its fourth quarter and full-year financial results for fiscal 2025 and provide insights into its fiscal 2026 outlook during a conference call scheduled for December 4, 2025 [1]. Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue [3]. - The company is known for its diverse portfolio of brands, including PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE, among others [3]. - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3].
Hormel Foods Announces 2025 Class of Hormel Heroes Scholarship Recipients
Prnewswire· 2025-11-11 13:00
Core Points - Hormel Foods Corporation awarded $10,000 scholarships to two students with military backgrounds pursuing careers in culinary arts and foodservice management [1][4] - The Hormel Heroes Scholarship program has awarded a total of $200,000 to 15 students since its inception [3] - The scholarships are administered by the National Restaurant Association Educational Foundation (NRAEF), which has provided over $27 million in scholarships and grants to more than 6,300 students since 1987 [6] Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue [7] - The company is recognized for its commitment to corporate responsibility and community service, being a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats [7] - Hormel Foods' brand portfolio includes well-known names such as PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE among others [7]
2 Dividend Kings Worth Income-Focused Investors' Attention
Seeking Alpha· 2025-11-09 07:52
Core Insights - The article emphasizes the importance of dividend growth investments, particularly focusing on "Dividend Kings" which are companies that have consistently raised dividends for 50 years or more, providing a hedge against inflation [3]. Group 1: Investment Strategies - The "Cash Builder Opportunities" service offers high-quality dividend growth ideas aimed at building a growing income for investors, with a focus on industry leaders for stability and long-term wealth creation [2]. - The service also includes strategies for writing options to further enhance income for investors [2]. Group 2: Leadership and Expertise - Nick Ackerman, a former fiduciary and registered financial advisor with 14 years of investing experience, leads the "Cash Builder Opportunities" group, focusing on closed-end funds, dividend growth stocks, and option writing [3]. - The group provides model portfolios and research to assist investors in making informed decisions through an active chat room [3].
Piper Sandler Lowers Hormel Foods (HRL) Price Target to $25, Maintains Neutral Rating
Yahoo Finance· 2025-11-08 05:25
Core Insights - Hormel Foods Corporation (NYSE:HRL) is currently facing challenges that have led to a downward revision of its earnings outlook for 2025, with expected EPS now projected to be 8 to 9 cents lower than the previous guidance of $1.43–$1.45 [2][3] - The company is undergoing a restructuring plan that will involve cutting approximately 250 positions, which is expected to incur costs exceeding $20 million [4] Financial Outlook - Piper Sandler has lowered the price target for Hormel Foods from $26 to $25 while maintaining a Neutral rating, reflecting the company's updated earnings outlook [2] - The revised earnings outlook is influenced by several factors, including the impact of highly pathogenic avian influenza on poultry operations, a chicken recall, a fire at a nut butter facility, and ongoing commodity cost pressures [3] Restructuring Efforts - Hormel Foods announced a restructuring plan that includes voluntary early-retirement programs, layoffs, and the closure of certain open roles, with costs related to this restructuring expected to be recognized from Q4 of fiscal 2025 through Q1 of fiscal 2026 [4] - The restructuring is aimed at improving operational efficiency amidst the challenges faced by the company [4] Company Overview - Hormel Foods Corporation is a leading American food manufacturer that develops, processes, and markets a diverse range of branded products, including meats and nut-based items, catering to both retail and foodservice customers [5]
ATTENTION Hormel Foods Corporation (HRL) Investors: Possible Fraud - Contact Levi & Korsinsky Today
Newsfile· 2025-11-07 21:51
Core Insights - Hormel Foods Corporation is under investigation for possible violations of federal securities laws, as announced by Levi & Korsinsky [1] - Hormel Foods has cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a stock decline of over 9% on October 29, 2025 [2] Company Overview - Hormel Foods Corporation is facing significant challenges impacting its financial performance, including external pressures from market conditions and operational disruptions [2] - The company has recently parted ways with its Chief Financial Officer, indicating potential internal management issues [2] Legal Context - Levi & Korsinsky LLP, a recognized securities litigation firm, has initiated an investigation into Hormel Foods, highlighting the firm's history of securing substantial settlements for shareholders [3]
ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-07 21:36
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hormel Foods Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Class Action - Shareholders who purchased Hormel securities may be entitled to compensation through a contingency fee arrangement, with Rosen Law Firm preparing a class action to recover investor losses [2]. - Investors can join the prospective class action by submitting a form or contacting the law firm directly for more information [2]. Group 2: Recent Company Developments - On October 29, 2025, Hormel Foods announced a cut in its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a 9.1% drop in its stock price [3]. - The company also announced the departure of its Chief Financial Officer as part of this news [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for the number of settlements since 2013 [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].
3 Undervalued Dividend Kings to Buy on the Dip Right Now
247Wallst· 2025-11-06 19:38
Core Insights - Dividend Kings are stocks that have consistently increased their dividend payouts for 50 consecutive years or more [1] Company Highlights - Examples of Dividend Kings include Target (NYSE:TGT), Becton Dickinson (NYSE:BDX), and Hormel Foods (NYSE:HRL) [1]
ROSEN, LEADING INVESTOR COUNSEL, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-06 17:34
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hormel Foods Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Class Action - Shareholders who purchased Hormel securities may be entitled to compensation through a contingency fee arrangement, with no out-of-pocket costs [2]. - Rosen Law Firm is preparing a class action to seek recovery of investor losses [2]. Group 2: Recent Developments - On October 29, 2025, The Wall Street Journal reported that Hormel cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a 9.1% drop in stock price [3]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and being ranked highly for settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, and its founding partner was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020 [4].
HRL Investor News: If You Have Suffered Losses in Hormel Foods Corporation (NYSE: HRL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Globenewswire· 2025-11-06 01:10
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hormel Foods Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation and Class Action - Shareholders who purchased Hormel securities may be entitled to compensation through a class action without any out-of-pocket fees, as the Rosen Law Firm prepares to seek recovery of investor losses [2]. - Interested investors can join the prospective class action by submitting a form or contacting the law firm directly [2]. Group 2: Recent Developments - On October 29, 2025, The Wall Street Journal reported that Hormel Foods cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a 9.1% drop in stock price on the same day [3]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being recognized as a leading firm in this area [4]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [4].