The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Hormel Foods (HRL) one of those stocks right now? 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 one of 191 companies in the Consumer Staples group. The Consumer Staples group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector R ...

Minnesota-based Hormel Foods Sales LLC issued a recall for two Planters products produced at one of its facilities and distributed to five states in the southeast portion of the US because they could cause fatal infections.Hormel produced the contaminated Honey Roasted Peanuts and Deluxe Lightly Salted Mixed Nuts for Planters at one of its facilities before distributing them to Publix warehouses in Florida, Georgia, Alabama and North Carolina as well as Dollar Tree warehouses in South Carolina and Georgia.A ...

AUSTIN, Minn., May 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with 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, Retail; to discuss the Company's second quarter financial results. The Company will issue its earnings release before the ...

The PLANTERS® brand redefines the snacking experience with the introduction of its latest delicious and innovative flavored cashewsAUSTIN, Minn., May 1, 2024 /PRNewswire/ -- Building upon the success of their irresistibly delicious flavored-cashew portfolio, the makers of the PLANTERS® brand, the No. 1 selling snack nuts brand,* are proudly unveiling their latest cashew-flavor innovation: salt & vinegar.Designed to deliver a burst of tangy flavor, the all-new PLANTERS® Salt & Vinegar cashews provide consume ...

LauriPatterson/E+ via Getty Images Investment Thesis Looking at where Hormel Foods Corporation (NYSE:HRL) is now and considering where I believe it will be in the next few years, I believe the company is a hold. The company, while performing better than some of its competitors, has seen continued margin declines over the past five to ten years, which has negatively impacted the bottom line and caused its payout ratio to steadily increase. With that in mind, and considering the current valuation, the com ...

Procter & Gamble is an easy stock to love today, but I'm also a huge fan of Hormel Foods, which is down and out.I am a dividend investor trying to build a portfolio of stocks that will help to provide me with income in retirement. When I see an attractively priced stock that has a solid business and an attractive dividend history, I go in for a deep dive.That's what got me to buy Procter & Gamble (PG -0.78%) when it was unloved by Wall Street. And why I am so fond of Hormel Foods (HRL 0.14%) today, while it ...

Company Names Chad Randick SuccessorAUSTIN, Minn., April 24, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Jeff Grev, vice president of legislative affairs, will be retiring after a 40-year career with the company. Chad Randick, director of strategy and current lead of the company's transformation and modernization initiative, will succeed Grev as vice president of legislative affairs. Jeff Grev Chad Randick "I want to thank J ...

Summer is nearly here, and the makers of the HORMEL GATHERINGS® brand are welcoming the season with another time-saving option for party-planning consumersAUSTIN, Minn., April 23, 2024 /PRNewswire/ -- With summer months right around the corner, the makers of the HORMEL GATHERINGS® brand are welcoming the season with the all-new, summer-themed Hard Salami & Pepperoni Tray, a perfect snacking solution for any summer shindig. Whether it's Fourth of July celebrations, or simply enjoying the company of family an ...

The Zacks Food – Meat Products industry players have been benefiting from consumers’ growing appetite for protein-rich products stemming from their rising consciousness toward health and wellness. Efforts to make the most of these trends through product diversification, capacity expansion and exploring plant-based meats have been working well.   However, several meat companies have been battling hurdles associated with cost inflation, though the trend is moderating. Also, companies remain troubled by challe ...

Mole, pronounced MOH-ley, comes from the Mexican native language Nahuatl mōlli meaning "sauce". Mole describes a variety of complex sauces that can contain more than 20 ingredients used in Mexican cuisine. Every container of DOÑA MARIA® Mole Rojo is meticulously crafted in Mexico, where mole is known as the country's national dish. Authenticity is at the heart of this rich bold paste, giving operators a truly distinct flavor that can elevate any dish. "We are excited to introduce our first foodservice pro ...