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Is Hormel Foods (HRL) Outperforming Other Consumer Staples Stocks This Year?
Zacks Investment Research· 2024-04-05 14:46
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Hormel Foods (HRL) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.Hormel Foods is a member of our Consumer Staples group, which includes 191 diffe ...
Hormel Foods(HRL) - 2024 Q1 - Earnings Call Transcript
2024-02-29 18:54
David Dahlstrom - Director of Investor Relations Jim Snee - Chairman of the Board, President & Chief Executive Officer Jacinth Smiley - Executive Vice President & Chief Financial Officer Deanna Brady - Executive Vice President of Retail [Call starts abruptly] On our call today is Jim Snee, Chairman of the Board, President and Chief Executive Officer; Jacinth Smiley, Executive Vice President and Chief Financial Officer; and Deanna Brady, Executive Vice President of the Retail segment. Jim will review the com ...
Hormel Foods(HRL) - 2024 Q1 - Quarterly Report
2024-02-29 16:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-2402 HORMEL FOODS CORPORATION (Exact name of registrant as specified in its charter) Delaware 41-0319970 ( ...
Hormel Foods(HRL) - 2024 Q1 - Quarterly Results
2024-02-28 23:39
INVESTOR CONTACT: David Dahlstrom ir@hormel.com MEDIA CONTACT: Media Relations media@hormel.com HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2024 RESULTS Company delivers volume growth across all segments; reaffirms full-year guidance AUSTIN, Minn. (Feb. 29, 2024) – Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2024 ending Jan. 28, 2024. All comparisons are to the first quarter of fiscal 2023 unless otherwise noted. EXECU ...
Hormel Foods(HRL) - 2023 Q4 - Annual Report
2023-12-06 17:58
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended October 29, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________________ to _________________________ Commission File Number: 1-2402 Securities registered pursuant to Section 12(g) of the Act: None 1 Hormel Place ...
Hormel Foods(HRL) - 2023 Q4 - Earnings Call Transcript
2023-11-29 16:37
our part as the category leader to support the Planters and Corn Nuts brands to drive growth for our business, the category, and for our customers. Fifth, we must future-fit our One Supply Chain, which means reducing costs and minimizing complexity while investing in long-term growth. We recently announced that we are converting the Barron, Wisconsin plant, which currently operates turkey harvest and value-added production lines, into a value-added facility to support growth across our broader portfolio. Ha ...
Hormel Foods(HRL) - 2023 Q3 - Earnings Call Transcript
2023-08-31 17:30
David Dahlstrom - Director, IR Jim Snee - Chairman of the Board, President & CEO Jacinth Smiley - EVP, CFO Deanna Brady - EVP- Retail Good morning, and welcome to the Hormel Foods Corporation Third Quarter Earnings Conference Call. [Operator Instructions]. Please note, this event is being recorded. On our call today is Jim Snee, Chairman of the Board, President and Chief Executive Officer; Jacinth Smiley, Executive Vice President and Chief Financial Officer; and Deanna Brady, Executive Vice President of the ...
Hormel Foods(HRL) - 2023 Q3 - Quarterly Report
2023-08-31 17:12
HORMEL FOODS CORPORATION UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended July 30, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-2402 Delaware 41-0319970 (Sta ...
Hormel Foods(HRL) - 2023 Q2 - Quarterly Report
2023-06-01 19:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________________________________ to ________________________________________ Commission File Number: 1-2402 HORMEL FOODS CORPORATION (Exact name of registrant as specified in its charter) Delaware 41-0319970 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No ...
Hormel Foods(HRL) - 2023 Q2 - Earnings Call Transcript
2023-06-01 16:28
The MegaMex business housed in our global flavors vertical had another strong quarter. Net sales growth was led by the Wholly, La Victoria and Herdez brands. The pricing actions we have taken across this business to combat inflationary pressures, coupled with commodity relief on avocado inputs are leading to significant yearover-year gains in equity and earnings. Elasticities on this portfolio remain favorable and we expect to benefit from continued distribution gains from our innovation pipeline, including ...