Workflow
Hormel Foods(HRL)
icon
Search documents
Hormel Foods Corporation Announces 60th Consecutive Increase to the Annual Dividend
Prnewswire· 2025-11-25 02:00
Core Points - Hormel Foods Corporation announced a 1 percent increase in its quarterly dividend, raising the annualized rate to $1.17 per share, marking the 60th consecutive annual dividend increase [1] - The authorized quarterly dividend is set at 29.25 cents ($0.2925) per share, to be paid on February 17, 2026, to stockholders of record as of January 12, 2026, representing the 390th consecutive quarterly dividend [2] - Hormel Foods has maintained uninterrupted quarterly dividend payments since becoming a public company in 1928 [2] Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with over $12 billion in annual revenue [3] - The company’s brand portfolio includes well-known names such as Planters, Skippy, SPAM, and Jennie-O, among others, totaling over 30 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]
需求58万吨,年轻人爱上“战备物资”,有巨头年销800亿
3 6 Ke· 2025-11-24 01:17
Core Insights - The Chinese luncheon meat market is projected to exceed 50 billion yuan by 2026, driven by changing consumer preferences and the rise of domestic brands [1] - Domestic brands are innovating to overcome the negative perceptions of luncheon meat as unhealthy, focusing on health trends and product quality [6][10] Market Overview - The Chinese luncheon meat industry began in 1957, with initial products primarily serving military and export purposes [6] - The market has evolved from being seen as a strategic food resource to a common emergency food, with various brands emerging in the 1980s [6] Consumer Trends - Chinese consumers have historically viewed canned foods, including luncheon meat, with skepticism, associating them with high calories and low nutritional value [1][6] - Recent trends show a shift towards healthier options, with brands reducing salt and fat content while increasing meat content to meet consumer demands [10][12] Brand Innovations - Brands are adopting three main strategies to differentiate themselves: 1. Enhancing product quality by increasing meat content and reducing salt [8][10] 2. Developing new flavors and types, such as beef and fish luncheon meat, to cater to diverse consumer tastes [11] 3. Introducing new product forms like low-temperature luncheon meat, which offers a fresher taste but requires refrigeration [12] Competitive Landscape - The market features a mix of established brands like Zhongliang Meilin and newer entrants like "Zhu Zhangmen," which focus on appealing to younger consumers through innovative marketing and packaging [15] - The influence of international brands like SPAM remains strong, with SPAM's parent company reporting significant sales in China, indicating robust demand for luncheon meat [13] Market Potential - Despite the growth potential, luncheon meat accounts for only 0.57% of total meat consumption in China, compared to 8.7% to 9.6% in the U.S. in 2016, highlighting significant room for market expansion [15]
ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-22 16:08
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 Foods 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 parties can join the class action by visiting the provided link or contacting the law firm directly for more information [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].
ROSEN, SKILLED INVESTOR COUNSEL, Encourages Hormel Foods Corporation Investors to Inquire About Securities Class Action Investigation - HRL
Newsfile· 2025-11-19 19:45
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 Foods 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 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]