The upcoming report from Hormel Foods (HRL) is expected to reveal quarterly earnings of $0.43 per share, indicating an increase of 2.4% compared to the year-ago period. Analysts forecast revenues of $3.14 billion, representing a decrease of 1.9% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Before a company ...

Hormel Foods Corporation (HRL) remains focused on rewarding shareholders. Keeping on these lines, the global branded food company unveiled a 3% hike to its annual dividend, continuing its impressive streak of 59 consecutive annual dividend increases. This takes the annualized rate to $1.16 per share from the earlier rate of $1.13 per share. The company will pay a quarterly dividend of 29 cents per share on Feb. 18, 2025, to its shareholders of record as of Jan. 13. This marks HRL’s 386th consecutive quarter ...

I prefer to use the term "frugal," but in reality I'm just cheap. That's a core aspect of my life and my investment philosophy. I just don't like overpaying for anything. That's why, if I could buy only three stocks as 2024 comes to a close, they'd be PepsiCo (PEP 0.54%), Hormel Foods (HRL 0.85%), and Hershey (HSY 0.58%). Here's a quick look at all three of these attractive dividend stocks.PepsiCo is the one I don't already ownPepsiCo has increased its dividend annually for over five decades, making it a Di ...

You usually don't find great companies executing at the top of their game that also happen to be on sale. Stocks that are on sale are more commonly fallen angels, which are great companies that are facing some near-term hardship. From an investment point of view, the goal is to buy the fallen angels that seem likely to earn their wings again.That is the backstory behind Hormel Foods (HRL -3.95%) right now.The reasons to like HormelIf you are looking for a dividend growth stock the very first thing to consid ...

To date, the Hormel Heroes Scholarship Program has provided $180,000 to 13 students, a group that now includes this year's winners: Vergie Terrell and Jorge Mendez. "Hormel Foods is proud to support our military members in their career journeys," said Mark Ourada, group vice president of Foodservice at Hormel Foods. "These scholarships are our way of showing appreciation for those who have served our nation and are now pursuing careers in the foodservice industry. Congratulations to our 2024 scholarship rec ...

AUSTIN, Minn., Nov. 8, 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; John Ghingo, executive vice president, Retail; and Nathan Annis vice president, corporate development; to discuss the Company's fourth quarter financial results, fu ...

AUSTIN, Minn., Nov. 7, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, today announced it has been named on Military Times' 2024 Best for Vets employer list for the 12th consecutive year. Military Times evaluates company efforts to recruit, retain and support current and former service members, military spouses and military caregivers. 2024 Best For Vets Logo "We are honored to be recognized for the 12th year in a row as a Best for Vets employer," said Richard ...

AUSTIN, Minn., Oct. 24, 2024 /PRNewswire/ -- Hormel Foods Corporation, a Fortune 500 global branded food company, announced today that it was once again recognized by Vault as having one of the top 150 internship programs in the country. The company's award-winning summer internship program was recognized in the categories of Best Internships for Engineering; as well as Sales, Marketing and Communications.Vault 2025 Top Ranked Internship logoHormel Foods Corporation, a Fortune 500 global branded food compan ...

Consumers can call, live chat on jennieo.com/hotline/ or text "TURKEY" to 73876 for advice on all thing's turkey WILLMAR, Minn., Oct. 17, 2024 /PRNewswire/ -- The makers of the JENNIE-O turkey brand, a category leader and one of the top turkey brands in the United States, announced today that the 1-800-TURKEYS hotline will be live for a 17th consecutive year, starting Nov. 1, for consumers seeking support with their holiday meal planning through to day-of preparations. The makers of the JENNIE-O turkey bran ...

Food companies are usually pretty boring, but that doesn't mean they can't make you wealthy. Here are three to keep on your radar right now. Food stocks are generally considered one of the stodgiest segments of the consumer staples sector. But you really should have some reliable companies at the foundation of your millionaire-maker portfolio. Three that you'll want to keep an eye on are Coca-Cola (KO 0.46%), PepsiCo (PEP 1.05%), and Hormel Foods (HRL 0.29%). But each one is in a very different situation to ...