Workflow
Hormel Foods(HRL)
icon
Search documents
Hormel Foods Named a Best for Vets Employer for 13th Consecutive Year
Prnewswire· 2025-11-17 18:14
Core Points - Hormel Foods Corporation has been recognized on Military Times' 2025 Best for Vets employer list for the 13th consecutive year, highlighting its commitment to supporting military service members and their families [1][2] - The company emphasizes its recruitment and retention efforts for veterans, showcasing its employee resource group, HMVET, which aids military members in integrating into the company [2][3] - Hormel Foods has approximately $12 billion in annual revenue and is known for its diverse portfolio of brands, including PLANTERS, SKIPPY, and SPAM, among others [4] Recruitment and Support - The Best for Vets survey evaluates companies based on their recruitment practices, retention programs, and support for transitioning service members and their families [2] - Hormel Foods' HMVET group provides a platform for military members and their families to foster camaraderie and support throughout their careers [3] Company Overview - Hormel Foods is a global branded food company based in Austin, Minnesota, and is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats [4] - The company has received multiple accolades for its corporate responsibility and community service efforts, reinforcing its reputation as a responsible employer [4]
HRL Investors Have Opportunity to Join Hormel Foods Corporation Fraud Investigation with the Schall Law Firm
Businesswire· 2025-11-16 20:14
Core Viewpoint - Hormel Foods Corporation is under investigation for potential violations of securities laws, following a significant drop in share price due to recent negative disclosures regarding earnings and management changes [2]. Company Summary - The investigation by the Schall Law Firm focuses on whether Hormel issued false or misleading statements and failed to disclose critical information to investors [2]. - A Wall Street Journal article published on October 29, 2025, reported that Hormel cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a 9.1% decline in share price on the same day [2]. Legal Context - The Schall Law Firm is encouraging shareholders who have suffered losses to participate in the investigation and discuss their rights [3].
HRL Investor News: If You Have Suffered Losses in Hormel Foods Corporation (HRL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Newsfile· 2025-11-15 02:25
Core Viewpoint - Hormel Foods Corporation is facing potential securities claims due to allegations of issuing materially misleading business information, leading to a significant drop in stock price following negative earnings forecasts and operational challenges [1][3]. Group 1: Company Performance and Challenges - On October 29, 2025, Hormel Foods announced a cut in its earnings forecast, citing price pressures, bird flu, and a fire at its Arkansas peanut butter production facility as contributing factors [3]. - Following this announcement, Hormel Foods' stock experienced a decline of 9.1% on the same day [3]. Group 2: Legal Actions and Investor Rights - The Rosen Law Firm is investigating potential securities claims on behalf of Hormel shareholders and is preparing a class action to seek recovery of investor losses without upfront costs [1][2]. - Investors who purchased Hormel securities may be eligible for compensation and are encouraged to join the prospective class action [2]. Group 3: Rosen Law Firm's Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements and being recognized for its success in the field [4]. - The firm has recovered hundreds of millions of dollars for investors, with over $438 million secured in 2019 alone [4].
ATTENTION HRL Shareholders: Lost Money on Hormel Foods Corporation? Contact Levi & Korsinsky About Investigation
Newsfile· 2025-11-14 21:59
Group 1 - Hormel Foods Corporation is under investigation for possible violations of federal securities laws by Levi & Korsinsky [1] - Hormel Foods has cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility, leading to a stock drop of over 9% on October 29, 2025 [2] - The company has announced the departure of its Chief Financial Officer amid these challenges [2] Group 2 - Levi & Korsinsky LLP has a strong reputation in securities litigation, having secured hundreds of millions for shareholders and consistently ranking among the top securities litigation firms in the U.S. [3]
ROSEN, A LEADING LAW FIRM, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-13 22:43
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hormel Foods Corporation due to allegations of materially misleading business information issued by the company [1]. Summary by Sections Investigation Announcement - Rosen Law Firm has announced an investigation into Hormel Foods Corporation for potential securities claims related to misleading business information [1]. Class Action Information - Shareholders who purchased Hormel securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees due to a contingency fee arrangement [2]. Recent Company Developments - On October 29, 2025, Hormel Foods cut its earnings forecast, citing price pressures, bird flu, and a fire at its Arkansas peanut butter production facility as contributing factors. The company also announced the departure of its CFO, leading to a 9.1% drop in stock price on the same day [3]. Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions. The firm has achieved significant settlements for investors, including over $438 million in 2019, and has been recognized as a leader in the field [4].
Do Wall Street Analysts Like Hormel Foods Stock?
Yahoo Finance· 2025-11-13 05:56
Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, is a leading manufacturer and marketer of various meat and food products, with a market cap of $12.4 billion [1] Stock Performance - Hormel Foods has significantly underperformed the broader market, with stock prices dropping 29% year-to-date and 26.7% over the past 52 weeks, while the S&P 500 Index gained 16.5% in 2025 and 14.5% over the past year [2] - The company's stock also underperformed the First Trust Nasdaq Food & Beverage ETF, which saw a 7.9% decline year-to-date and a 12.3% drop over the past year [3] Financial Results - Following the release of mixed Q3 results on August 28, Hormel Foods' stock prices fell 13.1% in a single trading session. The company reported a 4.6% year-over-year growth in net sales to $3 billion, exceeding expectations by 1.9% [4] - However, the adjusted EPS declined by 5% year-over-year to $0.35, missing consensus estimates by 14.6%, which caused investor concern [4] Earnings Forecast - For the full fiscal 2025, analysts expect Hormel Foods to deliver an adjusted EPS of $1.37, representing a 13.3% decline year-over-year. The company has a history of disappointing earnings surprises, meeting estimates only once in the past four quarters [5] - Among the 10 analysts covering the stock, the consensus rating is a "Hold," consisting of three "Strong Buys," six "Holds," and one "Strong Sell" [5] Analyst Sentiment - The current analyst sentiment has shifted slightly from three months ago, when there were two "Strong Buy" recommendations and no "Strong Sell" ratings [6]
ROSEN, A LONGSTANDING LAW FIRM, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-12 22:38
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Hormel Foods Corporation due to allegations of materially misleading business information issued by the company [1]. Group 1: Investigation Details - The investigation is prompted by a Wall Street Journal article published on October 29, 2025, which reported that Hormel cut its earnings forecast due to price pressures, bird flu, and a fire at its Arkansas peanut butter production facility [3]. - Following the news, Hormel Foods' stock experienced a significant decline of 9.1% on the same day [3]. Group 2: Class Action Information - Shareholders who purchased Hormel securities may be entitled to compensation through a class action lawsuit, with no out-of-pocket fees or costs due to a contingency fee arrangement [2]. - Interested investors can join the prospective class action by visiting the provided link or contacting the law firm directly [2]. Group 3: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest securities class action settlement against a Chinese company and consistently ranking among the top firms for securities class action settlements since 2013 [4]. - In 2019, the firm secured over $438 million for investors, showcasing its capability in recovering significant amounts for its clients [4].
Hormel Foods Corporation to Hold Fourth-Quarter Earnings Conference Call
Prnewswire· 2025-11-11 23:00
Core Viewpoint - Hormel Foods Corporation will discuss its fourth quarter and full-year financial results for fiscal 2025 and provide insights into its fiscal 2026 outlook during a conference call scheduled for December 4, 2025 [1]. Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue [3]. - The company is known for its diverse portfolio of brands, including PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE, among others [3]. - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3].
Hormel Foods Announces 2025 Class of Hormel Heroes Scholarship Recipients
Prnewswire· 2025-11-11 13:00
Core Points - Hormel Foods Corporation awarded $10,000 scholarships to two students with military backgrounds pursuing careers in culinary arts and foodservice management [1][4] - The Hormel Heroes Scholarship program has awarded a total of $200,000 to 15 students since its inception [3] - The scholarships are administered by the National Restaurant Association Educational Foundation (NRAEF), which has provided over $27 million in scholarships and grants to more than 6,300 students since 1987 [6] Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue [7] - The company is recognized for its commitment to corporate responsibility and community service, being a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats [7] - Hormel Foods' brand portfolio includes well-known names such as PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE among others [7]
2 Dividend Kings Worth Income-Focused Investors' Attention
Seeking Alpha· 2025-11-09 07:52
Core Insights - The article emphasizes the importance of dividend growth investments, particularly focusing on "Dividend Kings" which are companies that have consistently raised dividends for 50 years or more, providing a hedge against inflation [3]. Group 1: Investment Strategies - The "Cash Builder Opportunities" service offers high-quality dividend growth ideas aimed at building a growing income for investors, with a focus on industry leaders for stability and long-term wealth creation [2]. - The service also includes strategies for writing options to further enhance income for investors [2]. Group 2: Leadership and Expertise - Nick Ackerman, a former fiduciary and registered financial advisor with 14 years of investing experience, leads the "Cash Builder Opportunities" group, focusing on closed-end funds, dividend growth stocks, and option writing [3]. - The group provides model portfolios and research to assist investors in making informed decisions through an active chat room [3].