Hormel Foods(HRL)

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Skippy® Brand Partners with Gymnastics Legends Dominique Dawes and Chellsie Memmel at Gymnastics City USA
Prnewswire· 2024-06-20 12:00
The Official Peanut Butter partner of USA Gymnastics is providing peanut butter power to athletes at the final stop on the journey to Paris Both Olympic medalists and Hall of Fame athletes, Dawes and Memmel will sign autographs in the Flip Zone, the official Gymnastics City USA fan festival area in downtown Minneapolis. Visitors can visit the Skippy® brand's booth in the Flip Zone, located in Target Plaza outside Target Center, which will play host to the Olympic Trials. Fans will enjoy a fun, interactive e ...
The PLANTERS® Brand Proudly Announces New Crop of Peanutters to Pilot the Iconic NUTmobile
Prnewswire· 2024-06-18 12:00
From acting in national TV ads to musical theatre and public-relations events, this trio of PLANTERS® nutty brand ambassadors is set to hit the streets and 'shell-ebrate' with their peanut-loving fans. (Pictured from L to R are: Katie Krumpinski, Jessie Carl, and Ryan Conners). From acting in national TV ads to musical theatre and public-relations events, this trio of PLANTERS® nutty brand ambassadors is set to hit the streets and 'shell-ebrate' with their peanut-loving fans. (Pictured from L to R are: Kati ...
Hormel Foods: The Reasons We Are Not Starting A Position
Seeking Alpha· 2024-06-11 12:35
jfmdesign/iStock Unreleased via Getty Images Hormel Foods Corporation (NYSE:HRL) develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The firm has released its latest quarterly results on the 30th of May, and for this reason, the aim of our article today is to give an updated view on the business, its financial performance and our expectations about the near/mid term. We have started ...
Hormel: You Are Two-Thirds Of The Way There
Seeking Alpha· 2024-06-05 03:02
Grilled Spam Burger with Fries LauriPatterson/E+ via Getty Images While we have not been buyers of Hormel Foods Corporation (NYSE:HRL) in any of our past reviews of this business, we have usually called the directional moves right on this one. In our most recent coverage a couple of months ago, we suggested that an exit for the bulls would be perfect. Lofty valuation, the stock being back at its 200-day moving average, and an expectation of a slowdown in the dividend growth story were our reasons at the tim ...
Hormel Foods to Participate in Oppenheimer Consumer Growth and E-Commerce Conference
Prnewswire· 2024-06-04 21:00
AUSTIN, Minn., June 4, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced participation in the 2024 Oppenheimer Consumer Growth & E- Commerce Conference on Monday, June 10, 2024, at 11:45 a.m. CT (12:45 p.m. ET). Representing Hormel Foods will be Jim Snee, chairman of the board, president and chief executive officer, and Jacinth Smiley, executive vice president and chief financial officer. A link to the live webcast, replay and other informa ...
3 Oversold Stocks to Buy Right Now While The Gettin' Is Good
Investor Place· 2024-06-03 17:33
May was a month of haves and have-nots. The markets reached all-time highs, defying the skeptics. However, the indices' action masked underlying carnage in several sectors, which has presented some oversold stocks to buy. Lately, this has been a market of contrasts. Although impressive performances from stocks like Nvidia (NASDAQ:NVDA) led the S&P 500 to the highest monthly close ever, breadth has been weak. Indeed, looking under the hood, many stocks are making three-month lows. Idiosyncratic factors have ...
Hormel: A Potential Buy Despite Post-Earnings Decline
MarketBeat· 2024-05-31 11:35
Get Hormel Foods alerts: Hormel's Earnings: Slight Decline but Beating Expectations Hormel Foods Today Key Points Hormel Foods Corporation NYSE: HRL stock investors are living the expression that what goes up must come down. HRL stock is down 8.8% in midday trading after the company posted mixed earnings. This movement is almost exactly opposite to the price movement in HRL stock after the company's previous earnings report in February 2023, when the stock gapped up sharply. Investors have seen much of thei ...
Hormel Foods(HRL) - 2024 Q2 - Earnings Call Transcript
2024-05-30 17:41
Hormel Foods Corporation (NYSE:HRL) Q2 2024 Earnings Conference Call May 30, 2024 9:00 AM ET Company Participants David Dahlstrom - Director of Investor Relations Jim Snee - Chairman, President and Chief Executive Officer Jacinth Smiley - Executive Vice President and Chief Financial Officer Deanna Brady - Executive Vice President of Retail Conference Call Participants Kenneth Goldman - JPMorgan Chase & Co. Peter Galbo - Bank of America Merrill Lynch Rupesh Parikh - Oppenheimer Michael Lavery - Piper Sandler ...
Hormel Foods(HRL) - 2024 Q2 - Quarterly Report
2024-05-30 17:23
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 April 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 (St ...
Hormel Foods (HRL) Q2 Earnings Top Estimates, Volumes Down
ZACKS· 2024-05-30 15:56
Hormel Foods Corporation (HRL) delivered second-quarter fiscal 2024 results, wherein the top and bottom lines declined year over year, and net sales missed the Zacks Consensus Estimate. Nonetheless, earnings came in better than expected, and the company continued to see strength in its Foodservice business and improvement in the International unit. The first-half show, expected strength in the Foodservice and International segments, ongoing supply chain enhancements and gains from the transform and moderniz ...