Hormel Foods(HRL)

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1 Dividend Growth Stock Down 35% to Buy Right Now
The Motley Fool· 2024-04-13 20:01
"Fallen angel": A great company that has temporarily encountered hard times. Dividend King Hormel Foods is likely to fly again at some point soon.Wall Street loves a good story, on both the positive and negative sides. Right now, unfortunately, the story for Hormel Foods (HRL -2.13%) is a bad one. Which is why the stock has fallen roughly 35% from its 2022 high-water mark.While the food maker is facing very real headwinds, it is highly likely that it will muddle through and continue to reward investors with ...
Hormel Foods (HRL) Looks Appetizing on Foodservice Demand
Zacks Investment Research· 2024-04-12 17:31
Hormel Foods Corporation (HRL) is reaping benefits from the growing demand for Foodservice products. The leading food company has been strengthening its business on the back of strategic acquisitions. The company’s focus on its six strategic priorities is noteworthy. These factors boosted first-quarter fiscal 2024 results, with the top and the bottom line increasing year over year and surpassing the Zacks Consensus Estimate.Management expects fiscal 2024 sales growth of 1-3%, backed by volume increases in c ...
Hormel Foods Seeking Nominations for 2024 Class of 10 Under 20 Food Heroes
Prnewswire· 2024-04-10 12:00
Now in its third year, the 10 Under 20 Food Heroes program recognizes young innovators fostering positive change in our food systemAUSTIN, Minn., April 10, 2024 /PRNewswire/ -- Hormel Foods, a Fortune 500 global branded food company, is now accepting nominations for the 2024 class of 10 Under 20 Food Heroes. The impact-driven program, now in its third year, recognizes the efforts of young trailblazers from across the United States whose philanthropic efforts are driving the world toward a more transparent, ...
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 - 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 Q3 - Earnings Call Transcript
2023-08-31 17:30
Hormel Foods Corporation (NYSE:HRL) Q3 2023 Results Conference Call August 31, 2023 9:00 AM ET Company Participants David Dahlstrom - Director, IR Jim Snee - Chairman of the Board, President & CEO Jacinth Smiley - EVP, CFO Deanna Brady - EVP- Retail Conference Call Participants Adam Samuelson - Goldman Sachs Ben Theurer - Barclays Ben Bienvenu - Stephens Peter Galbo - Bank of America Rupesh Parikh - Oppenheimer Tom Palmer - JP Morgan Operator Good morning, and welcome to the Hormel Foods Corporation Third ...
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 ...