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LA VICTORIA® Brand Introduces All-New Lineup of Topping Sauces, Elevating Everyday Meals with Mexican-Inspired Flavor Fusions
Prnewswire· 2025-08-26 12:00
Launched alongside the spicy arrival of LA VICTORIA® Verde Habanero Salsa, these newest offerings build on the brand's legacy of bold, unforgettable flavorORANGE, Calif., Aug. 26, 2025 /PRNewswire/ -- The LA VICTORIA® brand, long celebrated for bold, crave-worthy salsas and sauces, is today unveiling four fresh culinary creations that build upon its century-long legacy of flavor excellence. The brand team is launching an all-new line of signature topping sauces, available in three distinct flavors: Chipotle ...
Hormel Foods Readies for Q3 Earnings: What's in the Offing?
ZACKS· 2025-08-25 16:26
Core Insights - Hormel Foods Corporation (HRL) is expected to report top-line growth for Q3 fiscal 2025, with revenues estimated at $2.98 billion, reflecting a 2.7% increase year-over-year [1] - The earnings consensus remains unchanged at 41 cents per share, indicating a 10.8% rise from the previous year [2] Company Performance - The Foodservice segment is driving demand, supported by strong customer relationships and an innovative product portfolio, with management anticipating mid-single-digit growth in net sales for this segment [3][11] - Management is optimistic about growth in the Retail segment, particularly with flagship and emerging brands, and expects low single-digit net sales growth [4][5] - The International segment is also projected to maintain strong top-line performance [5] Challenges - Increased spending on talent, technology, and brand support poses challenges, alongside tough year-over-year comparisons due to strong prior-year performance [6][11] - Ongoing pressure in the turkey supply chain due to bird illness is being closely monitored [6] Earnings Outlook - The company has a positive Earnings ESP of +0.61% and a Zacks Rank of 3, suggesting a potential earnings beat [7]
Curious about Hormel (HRL) Q3 Performance? Explore Wall Street Estimates for Key Metrics
ZACKS· 2025-08-25 14:16
Core Viewpoint - Wall Street analysts forecast a quarterly earnings per share (EPS) of $0.41 for Hormel Foods, indicating a year-over-year increase of 10.8%, with anticipated revenues of $2.98 billion, reflecting a 2.7% increase compared to the previous year [1]. Earnings Projections - The consensus EPS estimate has been revised 1.4% lower over the last 30 days, indicating a collective reevaluation by analysts [2]. - Changes in earnings projections are crucial for predicting investor reactions, as empirical studies show a strong correlation between earnings estimate trends and short-term stock price movements [3]. Key Metrics Estimates - Analysts expect 'Net Sales- Retail' to reach $1.82 billion, representing a 3% increase year-over-year [5]. - 'Net Sales- International' is projected at $191.35 million, suggesting an 8% year-over-year increase [5]. - 'Net Sales- Foodservice' is estimated to be $967.49 million, indicating a 1.4% increase compared to the previous year [5]. Segment Profit Estimates - 'Segment Profit- Foodservice' is projected to be $146.66 million, up from $142.49 million in the same quarter last year [6]. - 'Segment Profit- International' is estimated at $24.41 million, compared to $21.79 million a year ago [6]. - 'Segment Profit- Retail' is expected to reach $157.82 million, an increase from $127.93 million in the previous year [7]. Stock Performance - Over the past month, shares of Hormel have remained unchanged, while the Zacks S&P 500 composite has increased by 2.7% [7].
As Consumer Cravings Heat Up, The Makers of HORMEL® Pepperoni Unveil Two Bold New Flavors: Jalapeño and Dill Pickle
Prnewswire· 2025-08-12 12:00
Two all-new taste experiences reimagine how fans enjoy their favorite pepperoni AUSTIN, Minn., Aug. 12, 2025 /PRNewswire/ -- As consumers continue to seek out bold, adventurous flavors and new ways to elevate everyday eating occasions, the makers of HORMEL® Pepperoni are answering the call with two exciting new additions to its category-defining lineup: HORMEL® Pepperoni with Jalapeño and HORMEL® Pepperoni Dill Pickle Flavored. These bold new flavors are made for today's food lovers — those who crave a litt ...
Hormel Foods Corporation to Hold Third Quarter Earnings Conference Call
Prnewswire· 2025-08-04 23:09
Core Viewpoint - Hormel Foods Corporation will discuss its third quarter financial results in a conference call scheduled for August 28, 2025, with key executives participating [1]. Group 1: Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue across more than 80 countries [3]. - The company offers a diverse range of brands, including PLANTERS®, SKIPPY®, SPAM®, and HORMEL® NATURAL CHOICE®, among others, totaling over 30 well-known brands [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]. Group 2: Upcoming Events - The company will issue its earnings release before the markets open on August 28, 2025, followed by a conference call at 8 a.m. CT (9 a.m. ET) [1]. - Interested parties can access the webcast, replay, and additional information related to the event on the company's investor website [2].
The SPAM® Brand Hits the Road with SPAM® Sushi as Store Availability Goes Nationwide
Prnewswire· 2025-08-04 13:00
Catch the SPAM® Musubi Mobile at select Southern California Ralphs locations around National SPAM® Musubi Day for free samples, merch and more AUSTIN, Minn., Aug. 4, 2025 /PRNewswire/ -- The SPAM® brand, in collaboration with Kroger, is turning heads this summer — and they're doing it in style. Earlier this year, SPAM® sushi products rolled out nationwide at Kroger's Family Stores, including Ralphs Grocery Company, and now they're hitting the road to celebrate in true SPAM® brand style! Introducing the firs ...
Best Dividend Aristocrats For August 2025
Seeking Alpha· 2025-07-28 09:19
Core Insights - The author has a strong educational background with a master's degree in Analytics and a bachelor's degree in Accounting, indicating a solid foundation for investment analysis [1] - The author has over 10 years of experience in the investment arena, starting as an analyst and progressing to a management role, showcasing a deep understanding of the industry [1] - The author expresses a personal interest in dividend investing, suggesting a focus on income-generating investments [1] Company and Industry Summary - The author holds long positions in several companies including CTAS, JNJ, WST, O, HRL, LOW, PEP, and ROP, indicating a diversified investment strategy [2] - The article reflects the author's personal opinions and does not involve compensation from the companies mentioned, suggesting an independent analysis [2] - The disclosure emphasizes that past performance is not indicative of future results, highlighting the inherent uncertainties in investment decisions [3]
69 July Aristocrats: Hormel Is Still The One Hot Dog
Seeking Alpha· 2025-07-23 22:32
Group 1 - S&P added three companies to the Dividend Aristocrats in January 2025: Erie Indemnity, Eversource Energy, and FactSet Research Systems [1] - The inclusion of these companies is attributed to their long records of annual dividend increases [1] Group 2 - The article promotes a subscription service for tracking Dividend Aristocrats and related portfolios [2] - It encourages engagement on social media platforms, specifically highlighting a live video series that features potential portfolio candidates [2] - The content invites readers to comment on stock tickers for potential inclusion in future reports [2]
Hormel Foods Announces Key Leadership Appointments in Retail Business Unit
Prnewswire· 2025-07-23 10:30
Leadership Appointments - Paul Peil has been promoted to Vice President of Marketing for Fresh and Ready Meats, bringing 35 years of experience with the company [1][3] - Christie Crouch joins Hormel Foods as Vice President of Marketing for Snacking and Entertaining, with over two decades of experience in brand strategy and innovation [1][5] Responsibilities and Impact - In his new role, Peil will oversee fresh pork, Jennie-O, Hormel® Cure 81® brand, and the deli category for Retail customers, aiming to enhance the company's Retail strategy [3][4] - Crouch will lead brand-building initiatives for the company's snacking and entertaining brands, including Planters®, Corn Nuts®, and Hormel Gatherings® [3][4] Background of Executives - Paul Peil has held various positions within Hormel Foods since 1989, including roles in sales and management, and has a Bachelor of Arts degree in Business Administration from the University of Dubuque [4] - Christie Crouch previously served as vice president and general manager at Conagra Brands and has held key marketing roles at Kraft Foods and Kellogg's, holding an MBA from Harvard Business School [5] Company Overview - Hormel Foods Corporation is a global branded food company with approximately $12 billion in annual revenue, operating in over 80 countries [6] - The company is recognized for its diverse portfolio of brands, including PLANTERS®, SPAM®, and JENNIE-O®, and has received numerous accolades for corporate responsibility [6][7]
Hispanic Foods Market Forecast & Company Analysis Report 2025, with Profiles of B and G Foods, El Patron, Gruma, Hormel Foods, Juanitas Foods, Mercadagro, Ole Mexican Foods, Pappas Restaurants, & more
GlobeNewswire News Room· 2025-07-18 11:15
Core Insights - The Hispanic foods market is projected to grow by USD 533.4 million from 2024 to 2029, with a compound annual growth rate (CAGR) of 6.3% during this period [1][2]. Market Dynamics - Evolving consumer lifestyles and increasing demand for healthy, convenient food options are shaping current market dynamics [2]. - The expansion of the retail landscape and frequent introduction of new products are also contributing to market growth [2]. Growth Drivers - There is a notable increase in consumer demand for gluten-free tortillas, which is a significant factor driving market growth [3]. - The rise in popularity of mobile food service outlets and a surge in mergers and acquisitions are expected to further boost demand in the market [3]. Market Segmentation - The market is segmented by type, product, distribution channel, and geographical landscape [4][5]. - Key product categories include tortillas, tacos, burritos, and enchiladas, with traditional, Tex-Mex, and fusion styles being prominent [5]. Vendor Analysis - The report includes a detailed vendor analysis of around 25 industry players, such as B and G Foods Inc., Campbell Soup Co., and Corporativo Bimbo SA de CV [4][6]. - This analysis aims to enhance clients' competitive positioning and alert stakeholders to emerging trends and challenges [4]. Market Characteristics - The report synthesizes data from various sources, focusing on key parameters like profit margins, pricing strategies, competition, and promotional activities [6]. - It provides insights into market size, forecasts, trends, growth drivers, and challenges [3][6].