Hormel Shares Hit 8-Year Low Amid Drop in Retail Division, China Market
A drop in volume and sales at its retail division and lower demand in China hurt results at Hormel Foods (HRL). Shares tumbled to their lowest level in more than eight years.
Hormel Foods Is the Leading S&P 500 Decliner
Hormel's fiscal fourth-quarter earnings disappointed, and the maker of Spam cited slowing consumer demand.
Hormel Foods (HRL) Q4 Earnings & Sales Lag Estimates, Drop Y/Y
Hormel Foods' (HRL) fourth-quarter fiscal 2023 results reflect soft sales in the Retail and International segments, whereas Foodservice remains strong. The company is on track with its six strategi...
Hormel Foods sees hit from weak China, lower turkey demand
Hormel Foods (NYSE:HRL) warned it expects earnings in the first half of the new financial year to fall reflecting weak markets for turkey products. The maker of Spam and Skippy peanut butter made...
Hormel misses profit and sales expectations, but the stock gains amid foodservice strength
Shares of Hormel Foods Corp. HRL rose 1.4% in premarket trading Wednesday, even after the parent of food brands including SPAM, Planters, and Hormel reported fiscal fourth-quarter profit and sales ...
Hormel Foods (HRL) to Post Q4 Earnings: What Awaits the Stock?
Hormel Foods' (HRL) fourth-quarter results are likely to reflect the impacts of a volatile consumer and inflationary landscape. Capacity expansion efforts are likely to have aided.
The Best Dividend Stocks to Buy Right Now Could be Hiding in Plain Sight
Consumer staples companies have a long history of being reliable dividend payers. Some have been hit hard by Wall Street concerns and weakening performance.
Analysts Estimate Hormel Foods (HRL) to Report a Decline in Earnings: What to Look Out for
Hormel (HRL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Hormel Foods Corporation: Thankful For 57 Years Of Growing Dividends
Hormel Foods Corporation is a fairly priced dividend king with a decade-high yield. The company has been paying a growing dividend for 57 years and is a survivor in the consumer staples industry. T...
Hormel Foods (HRL) Rewards Investors With Dividend Hike
Hormel Foods (HRL) hikes its annual dividend by 3% to $1.13 per share, marking its 58th consecutive annual dividend increase.
Hormel raises dividend by 3%
Hormel Foods Corp. HRL said late Monday that its board has authorized a 3% increase in the company's annual dividend to $1.13 a share, from $1.10 a share. That's the food company's 58th consecutive...
Hormel Foods (HRL) Highlights Growth Targets at Investor Day
Hormel Foods (HRL) plans to achieve organic net sales growth of 2-3% and grow its operating income by more than $250 million by 2026.
1 Dividend Legend Potentially Set To Soar And 2 To Ignore
1 Dividend Legend Potentially Set To Soar And 2 To Ignore
Hormel Shares Sink After Food Maker's Strategic Plan, Union Contract
Hormel Foods (HRL) Corp. was the worst-performing stock in the S&P 500 Thursday as the maker of Spam, Skippy peanut butter, and other foods released an updated strategic plan, and settled a new con...
Hormel: Analyst Day Spooks The Bulls
Hormel Foods' valuation has defied logic, with high multiples despite extremely poor growth. The company announced a strategic plan to accelerate investments and deliver $250 million in operating i...
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