Hormel Foods Corporation
 (HRL)

- NYSE
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Dec. 14, 2015, 9:07 AM
    • Hormel (NYSE:HRL) is lower in early trading after Deutsche Bank downgrades the stock to a Hold rating from Buy.
    • The investment firm thinks the avian flu could crop up again to impact results.
    • HRL -1.55% premarket to $76.18.
    | Dec. 14, 2015, 9:07 AM | 5 Comments
  • Dec. 3, 2015, 12:45 PM
    • Sanderson Farms (NASDAQ:SAFM) is up 8% after catching a two-notch upgrade from CLSA to Outperform.
    • Pilgrims Pride (NASDAQ:PPC) stays in an uptrend with a 4.8% swing higher, while global player JBS (OTCQX:JBSAY) is up 5.5%.
    • Tyson Foods (NYSE:TSN) is 1.70% higher and reached an all-time best of $51.83 earlier.
    • Hormel (NYSE:HRL) also set an all-time high by jumping to $77.00.
    • Better-than-expected pricing in the wake of industry consolidation has helped the meat sector this year.
    | Dec. 3, 2015, 12:45 PM | 7 Comments
  • Nov. 24, 2015, 6:50 AM
    • Hormel Foods (NYSE:HRL) reports volume fell 2% in FQ4.
    • Revenue by segment: Grocery Products: $422.57M (+4.3%); Refrigerated Foods: $1.15B (-5.1%); Jennie-O Turkey Store: $420.31M (-17.6%); Specialty Foods: $269.9M (-2.8%); International & Other: $138.59M (-0.4%).
    • Gross profit rate improved 390 bps to 20.6%.
    • SG&A expense rate grew 140 bps to 7.9%.
    • Segment operating profit rate increased 280 bps to 13.4%.
    • The company expects FY2016 diluted EPS to be in the range of $2.85 to $ 2.95.
    | Nov. 24, 2015, 6:50 AM | 1 Comment
  • Nov. 23, 2015, 10:15 AM
    | Nov. 23, 2015, 10:15 AM
  • Oct. 27, 2015, 10:16 AM
    | Oct. 27, 2015, 10:16 AM | 3 Comments
  • Oct. 26, 2015, 2:39 PM
    | Oct. 26, 2015, 2:39 PM | 12 Comments
  • Aug. 19, 2015, 7:49 AM
    • Hormel Foods (NYSE:HRL) reports volume rose 3% in FQ3.
    • Revenue by segment: Grocery Products: $388.09M (+7.9%); Refrigerated Foods: $1.06B (-11.4%); Jennie-O Turkey Store: $336.53M (-12.1%); Specialty Foods: $282.77M (+30.7%); International & Other: $125.06M (-6.5%).
    • Gross profit rate improved 280 bps to 18.7%.
    • Segment operating profit rate increased 100 bps to 10.8%.
    • The company expects FY2015 adjusted EPS to be in the range of $2.57 to $ 2.63 and GAAP EPS in the range of $2.52 to $2.58.
    | Aug. 19, 2015, 7:49 AM
  • May 27, 2015, 10:13 AM
    • Hormel (HRL +3.1%) is drawing some attention for its purchase of the Applegate brand yesterday.
    • Analysts note the transaction gives the company a quick entry into the organic and natural meats space with a distinctive brand.
    • The move also brings Hormel closer to the diversification strategy pulled off by food peers Campbell Soup and General Mills.
    • Previously: Hormel Foods lands Applegate for $775M (May. 26 2015)
    | May 27, 2015, 10:13 AM | 1 Comment
  • May 20, 2015, 6:52 AM
    • Hormel Foods (NYSE:HRL) reports volume rose 5% in FQ2.
    • Revenue by segment: Grocery Products: $397.27M (+1.3%); Refrigerated Foods: $1.02B (-8%); Jennie-O Turkey Store: $438.91M (+15.4%); Specialty Foods: $287.42M (+32.3%); International & Other: $133.23M (-7.5%).
    • Gross profit rate increased 329 bps to 20.16%.
    • Adjusted segment operating profit rate grew 266 bps to 12.60%.
    • The company expects FY2015 adjusted EPS to be at the lower end of previously stated guidance range of $2.50 to $ 2.60.
    | May 20, 2015, 6:52 AM
  • Apr. 21, 2015, 9:07 AM
    • Hormel Foods (NYSE:HRL) discloses sales volume could be lower this year due to outbreaks of the avian influenza.
    • The company says several of its turkey farms have been impacted.
    • "Tight meat supplies and operational challenges will pressure earnings in the back half of our fiscal year," warns management.
    • Previously: Poultry stocks on watch after bird flu hits large Iowa farm
    • HRL -0.90% premarket.
    | Apr. 21, 2015, 9:07 AM | 1 Comment
  • Apr. 21, 2015, 8:28 AM
    • Poultry stocks are skittish in early trading after a large chicken flock in Iowa is reported to be infected with cases of the avian influenza.
    • The virus is believed to be transmitted to farms in the Midwest by ducks and geese traveling along migratory routes.
    • On watch: Tyson Foods (NYSE:TSN) -0.8%, Pilgrim's Pride (NASDAQ:PPC) -0.6%, Sanderson Farms (NASDAQ:SAFM) -0.4%, Hormel (NYSE:HRL) -0.9%.
    | Apr. 21, 2015, 8:28 AM | 6 Comments
  • Mar. 26, 2015, 12:37 PM
    • Deutsche Bank thinks 3G Capital will be back in the food sector for a major acquisition faster than some other investment firms anticipate.
    • 3G put itself in a stronger position to make a major purchase by not adding debt in the Kraft deal.
    • Analyst Eric Katzman sees some food names trading with a premium as the 3G shadow hangs over the sector, while others have downside risk with M&A speculation not making as much sense.
    • Premium on: ConAgra (NYSE:CAG), General Mills (NYSE:GIS), Mondelez International (NASDAQ:MDLZ), Pinnacle Foods (NYSE:PF), PepsiCo (NYSE:PEP).
    • Premium off: Campbell Soup (NYSE:CPB), Hershey (NYSE:HSY), Hormel (NYSE:HRL), Kellogg (NYSE:K), J.M. Smucker (NYSE:SJM).
    • Previously: Investors snapping up food stocks (Mar. 25 2015)
    • Previously: Beer fallout from Kraft buyout (Mar. 25 2015)
    • Previously: Kraft-Heinz merger has a few ETFs on the move (Mar. 25 2015)
    | Mar. 26, 2015, 12:37 PM | 11 Comments
  • Mar. 11, 2015, 11:40 AM
    • An unconfirmed case of avian bird flu in Arkansas is creating some anxiety in the poultry industry.
    • USDA testing is underway on the case.
    • Poultry exports to certain nations could be limited if the development worsens.
    • The chicken sector has also been hit recently with concerns on the use of certain antibiotics.
    • Decliners: Tyson Foods (TSN -5%), Hormel Foods (HRL -1%), Sanderson Farms (SAFM -5.4%), JBS (OTCQX:JBSAY -1.8%), BRF (BRFS -1.7%), and Pilgrim's Pride (PPC -7.2%)
    • Previously: Chicken stocks hit by antibiotic concerns
    | Mar. 11, 2015, 11:40 AM | 2 Comments
  • Mar. 11, 2015, 10:00 AM
    • Chicken stocks trade weaker on concerns the push to remove certain antibiotics from hatcheries could raise costs or that inaction could crimp demand.
    • The issue has been teed up nationally after McDonald's made a strong statement last week with its new sourcing policy.
    • Decliners: Tyson Foods (NYSE:TSN) -4.7%, Sanderson Farms (NASDAQ:SAFM) -4.1%, BRF (NYSE:BRFS) -2.4%, Hormel Foods (NYSE:HRL) -0.6%, Pilgrim's Pride (NASDAQ:PPC) -6.6%.
    • Previously: McDonald's unveils menu sourcing initiatives (Mar. 04 2015)
    | Mar. 11, 2015, 10:00 AM | 4 Comments
  • Mar. 4, 2015, 10:11 AM
    • McDonald's (MCD -0.5%) will stop buying chickens raised with human antibiotics in a gradual process, according to a report from Reuters.
    • An announcement by the company is expected later today.
    • The development could be a "tipping point" in the poultry industry, notes industry insider Jonathan Kaplan.
    • Shares of chicken-focused Pilgrim's Pride (PPC -1.5%) are lower - while Tyson Foods (TSN -1%), Sanderson Farms (SAFM -0.6%), and Hormel (HRL -0.6%) could all be impacted by a heightened focus on the use of antibiotics with livestock.
    • Buffalo Wild Wings (BWLD -1.7%) is also on watch as a company that buys a fair amount of chicken from suppliers.
    | Mar. 4, 2015, 10:11 AM | 22 Comments
  • Feb. 19, 2015, 8:52 AM
    • Hormel Foods (NYSE:HRL) reports volume rose 3% in FQ1.
    • Revenue by segment: Grocery Products: $409.75M (+2%); Refrigerated Foods: $1.14B (+1.4%); Jennie-O Turkey Store: $440.02M (+10.2%); Specialty Foods: $263.27M (+34.3%); International & Other: $137.81M (+17.4%).
    • Gross profit rate improved 78 bps to 18.56%.
    • Adjusted segment operating profit rate rose 113 bps to 12.05%.
    • The company expects FY2015 adjusted EPS to be in the range of $2.50 to $ 2.60.
    • HRL +0.93% premarket.
    | Feb. 19, 2015, 8:52 AM | 2 Comments
Company Description
Hormel Foods Corp is engaged in the production of meat and food products and the marketing of those products throughout the United States and internationally.
Industry: Meat Products
Country: United States