Hormel Foods Corporation (HRL) is likely to register a top and bottom-line decline when it reports thirdquarter fiscal 2024 earnings on Sep. 4. The Zacks Consensus Estimate for revenues is pegged at $2.96 billion, which suggests a decrease of 0.3% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 36 cents per share. This indicates a decline of 10% from the year-ago quarter's reported figure. HRL has a trailing four-quarter ...

The upcoming report from Hormel Foods (HRL) is expected to reveal quarterly earnings of $0.36 per share, indicating a decline of 10% compared to the year-ago period. Analysts forecast revenues of $2.96 billion, representing a decrease of 0.3% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its earnings, it is v ...

ac_bnphotos/E+ via Getty Images Introduction Hormel Foods Corporation (NYSE:HRL), with deep roots in the field of fresh meat processing (the company has been in existence since 1891), has, in recent decades, been building a name for itself in the manufacturing and distribution of packaged, consumer food products across the globe. Besides its core competence in supplying branded foods to both the retail and food service segments, it has also developed ample credibility on Wall Street for its relentless fidel ...

The Peanut Pals' passion for the iconic MR. PEANUT® is simply unmatched AUSTIN, Minn., Aug. 7, 2024 /PRNewswire/ -- More than a century ago, a 14-year-old named Antonio Gentile entered a contest with a sketch, hoping to create a new PLANTERS® brand icon. A top hat, a monocle, and a cane were later added to that sketch of a smiling peanut, and thus, the iconic MR. PEANUT® was born. MR. PEANUT® has since become a globally recognized figure, appearing not only on PLANTERS® product packaging, but also on a wide ...

HORMEL® BLACK LABEL® bacon brand team to consumers: Think beyond breakfast AUSTIN, Minn., Aug. 1, 2024 /PRNewswire/ -- The makers of the HORMEL® BLACK LABEL® brand offer the widest selection of flavored bacon in the industry, and today, they are proud to announce the latest addition to their portfolio of tasty options. For a limited time, consumers are invited to indulge their bacon cravings with the all-new HORMEL® BLACK LABEL® Garlic Rosemary flavored bacon, available at retailers nationwide while supplie ...

Young changemakers from across the United States will soon travel to the company's global headquarters for a day of recognition and celebration AUSTIN, Minn., July 30, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is proud to announce its third cohort of 10 Under 20 Food Heroes. Each of these remarkable young people, through their various charitable endeavors, has set out to make the world a better place by working to bring about a more transparent, se ...

Company Overview - WHOLLY® AVOCADO is recognized as America's No.1 refrigerated guacamole and avocado brand, known for its hand-scooped Hass avocado products [1][7] - The brand is part of MegaMex Foods, which is one of the fastest-growing Mexican food companies in the U.S., focusing on authentic ingredients and reimagining Mexican flavors [5][6] Product Offerings - WHOLLY® AVOCADO products are made with 100% Hass avocados, gluten-free, non-GMO, kosher, keto-friendly, and contain no preservatives [2][4] - The brand utilizes high-pressure technology (HPT) to extend shelf life while maintaining flavor and nutrients [4] Marketing and Promotions - To celebrate National Avocado Day on July 31, 2024, WHOLLY® AVOCADO is collaborating with Irv's Burgers to offer a limited-time WHOLLY® AVOCADO Bacon Burger and a free WHOLLY® Smashed Avocado Mini with any purchase [1] - A giveaway will be held where fans can win a year's supply of WHOLLY® products by participating on Instagram [1][2] Consumer Engagement - The brand encourages consumers to create their own food pairings at home using WHOLLY® Smashed Avocado Minis, providing recipe ideas such as Prosciutto and Avocado Pesto Sandwich Bites and Avocado Hummus [2]

From diversity and salary equity to career advancement and parental leave, Hormel Foods excels as top female employer. AUSTIN, Minn., July 25, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, proudly announced today that it has been recognized by Forbes as one of America's Best Employers for Women 2024. Hormel Foods has long promoted and supported a female-friendly culture, including employee resource groups such as Hormel Foods Women in Leadership and Wo ...

The power of a changing earnings picture in determining near-term stock price movements makes the Zacks rating system highly useful for individual investors, since it can be difficult to make decisions based on rating upgrades by Wall Street analysts. These are mostly driven by subjective factors that are hard to see and measure in real time. Most Powerful Force Impacting Stock Prices Harnessing the Power of Earnings Estimate Revisions Earnings Estimate Revisions for Hormel The sole determinant of the Zacks ...

As we navigate through the third quarter of 2024, the market is emerging from a period of significant gains. Over the past few months, a bullish rally has propelled tech stocks to new heights, leaving dividend stocks in the shadows. Yet, a recent shift in investor sentiment is becoming apparent. There is a growing trend of selling off overvalued tech stocks in favor of undervalued small caps and reliable dividend payers. This shift could mark the start of a broader rotation, presenting a timely opportunity ...