The European Commission has started a review of the anti-subsidy tariffs on Volkswagen's electric vehicles built in China, which could lead to them being replaced with a minimum price undertaking, the... ...

Core Insights - Hormel Foods Corporation reported solid top-line growth for fiscal 2025, driven by brand relevance and a strong value-added portfolio, but faced profitability challenges due to input cost inflation and discrete items [4][6] - The company is focused on reshaping its earnings trajectory in fiscal 2026 with strategic initiatives aimed at consumer needs and operational excellence [4][5] Fiscal 2025 Results - Net sales reached $12.1 billion, with organic net sales up 2% [7] - Operating income was $719 million, with an adjusted operating income of $1,019 million [7] - The effective tax rate was 28.0%, and diluted earnings per share were $0.87, with adjusted diluted earnings per share at $1.37 [7][13] Fiscal 2026 Outlook - The company expects net sales between $12.2 billion and $12.5 billion, with organic net sales growth of 1% to 4% [6][8] - Adjusted operating income is projected to be between $1.06 billion and $1.12 billion, reflecting a growth of 4% to 10% [8] - Adjusted diluted earnings per share are anticipated to be in the range of $1.43 to $1.51, also indicating growth of 4% to 10% [8] Dividend Growth - Hormel Foods announced a 1% increase in its quarterly dividend, marking 60 years of uninterrupted dividend increases [9] Segment Highlights - Retail segment net sales growth was driven by turkey products, Planters snack nuts, and Applegate products, despite a decline in segment profit due to non-cash impairment charges [12][14] - Foodservice segment saw organic net sales growth from customized solutions and branded offerings, but faced profit declines due to a chicken-product recall and rising input costs [15] - International segment growth was led by SPAM and refrigerated products, although it faced challenges from fresh pork exports and competitive pressures in Brazil [16] Financial Position - Cash flow from operations was $845 million, with total long-term debt at $2.9 billion [7][13] - The company maintained a strong financial position with cash on hand of $671 million and inventories of $1.7 billion at fiscal year-end [13][27]

With U.S. stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:Wall Street expects Kroger Co. (NYSE:KR) to report quarterly earnings at $1.03 per share on revenue of $34.22 billion before the opening bell, according to data from Benzinga Pro. Kroger shares rose 0.5% to $66.50 in after-hours trading.UiPath Inc. (NYSE:PATH) reported upbeat third-quarter financial results and issued fourth-quarter sales guidance with its midpoint above estim ...

Financial Performance - Hormel Foods reported fiscal 2025 net sales of $12.1 billion, with organic net sales growth of 2%[5]. - The company expects fiscal 2026 net sales in the range of $12.2 billion to $12.5 billion, with organic net sales growth of 1% to 4%[6]. - Operating income for fiscal 2026 is projected to be between $960 million and $1.03 billion, with adjusted operating income growth of 4% to 10%[6]. - Diluted earnings per share for fiscal 2026 are expected to be in the range of $1.29 to $1.39, with adjusted diluted earnings per share growth of 4% to 10%[6]. - Cash flow from operations for fiscal 2025 was $845 million, with dividends paid to shareholders reaching a record $633 million[10]. - The effective tax rate for fiscal 2025 was 28.0%, compared to 22.3% in the prior year[10]. - Total net sales for the fourth quarter ended October 26, 2025, were $3,185.7 million, representing a 2.3% increase compared to $3,138.1 million in the same quarter of the previous year[40]. - For the fiscal year ended October 26, 2025, total net sales reached $12,106.2 million, a 2.5% increase from $11,920.8 million in the prior year[41]. Profitability Challenges - The company faced profitability challenges in fiscal 2025 due to input cost inflation and non-cash impairment charges totaling $234 million[5][10]. - The company reported a net loss of $56,204 in Q4 2025, compared to net earnings of $219,960 in Q4 2024, resulting in a diluted earnings per share of $(0.10) versus $0.40[23]. - The total segment profit for Q4 2025 was $42,190, an 87.4% decline from $334,331 in Q4 2024, with significant losses reported in the International segment[26]. - The effective tax rate for Q4 2025 was (159.9)%, compared to 21.5% in Q4 2024, reflecting significant tax implications from the net loss[23]. - The Company recorded a goodwill and intangible impairment of $70,751 in Q4 2025, indicating potential challenges in asset valuation[23]. Dividend Information - Hormel Foods announced a 1% increase in its quarterly dividend, raising the annualized rate to $1.17 per share, marking 60 years of uninterrupted dividend increases[8]. - The company declared a dividend of $0.2900 per share for Q4 2025, up from $0.2825 in Q4 2024, with total dividends declared for the fiscal year increasing to $1.1600 from $1.1300[23]. Segment Performance - The Retail segment saw net sales growth driven by the turkey portfolio and Applegate products, despite a decline in segment profit due to input cost pressures[11]. - Retail segment net sales for the fourth quarter were $1,922.8 million, up 0.8% from $1,907.1 million year-over-year[40]. - Foodservice segment net sales increased by 6.5% to $1,088.2 million in the fourth quarter, compared to $1,046.0 million in the previous year[40]. - The international segment's net sales decreased by 5.6% in the fourth quarter, totaling $174.7 million compared to $185.0 million in the prior year[40]. Operational Metrics - Capital expenditures for fiscal 2025 were $311 million, with investments in capacity expansions and technology[10]. - Total current assets increased to $3,405,656 in Q4 2025 from $3,246,476 in Q4 2024, while total assets slightly decreased to $13,393,119 from $13,434,729[24]. - Cash and cash equivalents at the end of Q4 2025 were $670,679, a decrease from $741,881 at the end of Q4 2024[25]. - Total volume for the fourth quarter was 1,088,430 lbs., a slight decrease of 0.4% from 1,108,203 lbs. in the same quarter last year[40]. - The retail segment's total volume for the fiscal year was 2,873,655 lbs., down 1.4% from 2,915,141 lbs. in the previous year[41]. Future Initiatives - The Company initiated a multi-year Transform and Modernize (T&M) initiative, excluding non-recurring costs associated with this initiative from its financial measures[28]. - The corporate restructuring plan commenced in Q4 fiscal 2025 aims to reduce administrative expenses and improve efficiencies, with costs primarily related to severance and employee benefits being excluded from core operating performance[32]. - The Company recorded non-cash impairment charges in Q4 fiscal 2025 related to certain intangible assets, which were also excluded from the assessment of core operating performance[33].

1&h=3874242046&u=https%3A%2F%2Fwww.fastcompany.com%2F&a=fastcompany.com&a=fastcompany.com).Contact:|Media Relations||Hormel Foods||[[emailprotected]](/cdn-cgi/l/email-protection#1b767e7f727a5b737469767e7735787476)|SOURCE Hormel Foods Corporation), a Fortune 500 global branded food company, has been named to[Fast Company's 2025 Brands That Matter list] (https://edge.prnewswire ...

Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.Sign up today for your two-week free trial and get a new lease on oil & gas! ...

Crude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of the sector.Sign up today for your two-week free trial and get a new lease on oil & gas! ...

Core Insights - Hormel Foods Corporation (HRL) is expected to report a revenue increase of 2.1% year-over-year, with fourth-quarter fiscal 2025 revenues estimated at $3.2 billion [1] - The earnings consensus has decreased by 11.8% in the last 30 days to 30 cents per share, reflecting a 28.6% decline from the previous year's quarter [2] Sales Performance - Strong consumer demand for protein-focused retail brands, including SPAM, Hormel pepperoni, Jennie-O ground turkey, and Wholly Guacamole, has supported sales momentum [3] - The Zacks Consensus Estimate for the Retail segment's sales is projected at $1,945 million for the fourth quarter, up from $1,907 million in the same period last year [4] - Foodservice volumes have outperformed the broader industry, although weak traffic in convenience stores poses a concern [4][9] Cost Challenges - Input-cost inflation, particularly in pork and beef markets, has significantly impacted margins, with elevated costs continuing into early fourth quarter [5][9] - Despite targeted pricing actions, retail pricing adjustments are expected to lag, with more substantial recovery anticipated only in fiscal 2026 [6] - The Transform and Modernize initiative is yielding savings, but these are insufficient to fully offset inflationary pressures in the near term, raising profitability concerns [6][9] Earnings Outlook - Current indicators do not suggest a strong likelihood of an earnings beat for Hormel Foods, as it holds a Zacks Rank of 4 (Sell) and an Earnings ESP of 0.00% [7]

AUSTIN, Minn., Dec. 1, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its fourth cohort of 10 Under 20 Food Heroes, recognizing the efforts of young people across the United States who are working to create a more transparent, secure, and sustainable food system. Continue Reading Hormel Foods announces 2025 cohort of 10 Under 20 Food Heroes Hormel Foods 10 Under 20 Food Heroes The program fosters a nationwide network of young changemaker ...

Group 1 - Hormel Foods Corporation has been highlighted for its "good sales momentum" despite challenges in the packaged food sector due to GLP-1 weight loss drugs [1] - The company is experiencing strong sales growth, but high commodity costs have significantly impacted its margins [1] - The stock is considered fairly cheap, trading at less than 16 times next year's earnings estimates, indicating potential for a turnaround [1] Group 2 - Hormel Foods develops and distributes a diverse range of food products, including meat, nuts, and other items in various forms [2] - While Hormel is recognized as a potential investment, there are AI stocks that are perceived to offer greater upside potential and lower downside risk [2]