If you are a dividend lover looking to make it to millionaire status, these well-run consumer staples stocks have appeal. It is unlikely that any one single stock will get your portfolio to millionaire status, at least not without you taking on a huge amount of risk. A far better (and less-risky) approach is to buy a collection of well-run stocks. What better place to look than Dividend Kings, which have proven their ability to reward investors by increasing dividends for five decades (or more). Right now y ...

Buying longtime dividend payers when they have historically high yields has worked out well for me. Here are three examples (two are buys). You can never say never when it comes to investing. But when I look at my portfolio, I see Procter & Gamble (PG -0.26%), Hormel Foods (HRL 0.89%), and Hershey (HSY -0.08%) and I think of them as "never-sell" stocks. That's true even though two of them are currently facing notable adversity (which might make them attractive buys for anyone who doesn't own them). Here's w ...

The extension of the portfolio includes three new pre-made guacamole flavor varieties, bringing the brand's total to five flavors now available for purchase for foodservice operators. *NEW* WHOLLY® Guacamole Jalapeño Garlic Guacamole (Item #137542) Our chunky, TexMex-Style guacamole is full of flavor with hand-scooped Hass avocados, tomatoes, red onion, cilantro, jalapeño peppers and garlic. *NEW* WHOLLY® Guacamole Serrano Lime Guacamole (Item #137544) Our chunky guacamole leans into its authentic Mexican r ...

Hormel Foods Co. (NYSE: HRL) is a global branded food company in the consumer staples sector. Its shelf-stable, refrigerated meat and poultry food products are stocked across supermarkets, convenience stores, retailers, commercial kitchens, and food service provider pantries. Despite cutting the full-year 2024 guidance on sinking commodity prices, investors aggressively scooped up the gap-down shares. Get earnings alerts: ▼ SPAM Put Hormel on the Map SPAM is one of those iconic canned food products that has ...

Exclusive, limited-edition peanuts available September 13 AUSTIN, Minn., Sept. 9, 2024 /PRNewswire/ -- In celebration of National Peanut Day on Sept. 13, the makers of the PLANTERS® brand are thrilled to announce the launch of PLANTERS® Special Reserve peanuts. These limited-edition peanuts are specially grown, hand-cooked and seasoned to perfection, catering to the discerning palate of true peanut connoisseurs. Hormel Foods corporate logo (PRNewsfoto/Hormel Foods Corporation)Hormel Foods corporate logo (PR ...

Dimensions/E+ via Getty Images Thesis Period: | Quarterly ▼ | Type: | Non-GAAP ● EPS Estimate ● EPS Actual T 0.50 FQ3 2024 0.40 EPS Estimate: 0.36 EPS Actual: 0.37 0.30 0.20 0.10 0.00 FQ3 2023 FQ4 2023 FQ1 2024 FQ2 2024 FQ3 2024 FQ4 2024 (E) FQ1 2025 (E) Hormel Foods Corporation (NYSE:HRL) beat fiscal Q3 carnings, which came in at $0.37 per share, passing expectations of $0.36, but only by a penny. Seeking Alpha Revenue? Not so good. They reported revenue of $2.90B, which was short by $65M and down 2.19% fr ...

Hormel Foods Corporation (NYSE:HRL) Barclays 17th Annual Global Consumer Staples Conference September 5, 2024 9:45 AM ET Company Participants Jim Snee - Chairman, President & CEO Jacinth Smiley - EVP & CFO Conference Call Participants Unidentified Analyst Said - well it works. Good morning. Thanks for joining us. Next on stage, we've got Hormel Foods. With us is Jim Snee, company's CEO, joined back in 1989, as well as Jacinth Smiley, who joined as the CFO back in 2021. The company just reported third fiscal ...

Hormel Foods Corporation (NYSE:HRL) Barclays 17th Annual Global Consumer Staples Conference September 5, 2024 9:45 AM ET Company Participants Jim Snee - Chairman, President & CEO Jacinth Smiley - EVP & CFO Conference Call Participants Unidentified Analyst Said - well it works. Good morning. Thanks for joining us. Next on stage, we've got Hormel Foods. With us is Jim Snee, company's CEO, joined back in 1989, as well as Jacinth Smiley, who joined as the CFO back in 2021. The company just reported third fiscal ...

Large accelerated filer ☒ Accelerated filer ☐ Non-accelerated filer ☐ Smaller reporting company ☐ Emerging growth company ☐ Class Outstanding at September 1, 2024 Common Stock $0.01465 par value 548,363,619 Common Stock Nonvoting $0.01 par value 0 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 July 28, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 O ...

Key Takeaways Hormel Foods said lower turkey prices and Planters nut sales hit revenue in the latest quarter. The food products maker lowered its revenue guidance and narrowed its profit forecast. The shares fell Wednesday, turning negative for the year so far. Hormel Foods (HRL) shares sank as the food company's sales fell and it cut its outlook on lower prices and factory disruptions. The maker of Spam canned meat and Skippy peanut butter said fiscal third-quarter revenue declined 2.2% to $2.9 billion, sh ...