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Hormel Foods Corporation (HRL)

  • Jan. 8, 2012, 8:17 PM
    Josh Brown hooks us up with an interesting spreadsheet created by a messageboard contributor. The project will track the performance of the 10 most-loved and most-hated stocks of Wall Street's analyst community. Very early in 2012, the most-hated stocks have the edge in total return, led by Netflix's (NFLX) near 23% gain.
  • Dec. 2, 2011, 3:47 PM
    S&P adjusts methodology for its High-Yield Dividend Aristocrats Index to include companies issuing special cash dividends in the last 25 years. The methodology change precedes the index's annual rebalancing, set for Dec. 7 AH. Among companies added to the index, big gainers: ORI +12.5%, BRC +5.6%. Among deletions: ATO -4.6%, HRL -2.9%, UGI -3.2%, UVV -8.3%.
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  • Nov. 22, 2011, 9:45 AM
    Shares of Hormel Foods (HRL) tack on a 1.4% gain after the firm beat the consensus EPS estimate of analysts by a penny on revenue of $2.1B (+2% Y/Y). The company expects 2012 EPS to fall in a range of $1.79-$1.89.
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  • Aug. 25, 2011, 11:39 AM
    Hormel Foods (HRL -6.4%) FQ3 was better than estimates, but the company issues a cautious forecast for the current quarter, saying demand is weak from restaurants and food service operators due to growing economic concerns and higher gasoline costs.
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  • Aug. 25, 2011, 7:16 AM
    Hormel Foods (HRL): FQ3 EPS of $0.37 beats by $0.02. Revenue of $1.91B (+10.4% Y/Y) beats by $40M. Raises FY11 EPS guidance to $1.70-1.75 from an earlier $1.67-1.73. (PR)
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  • Aug. 25, 2011, 12:05 AM
    Notable earnings before Thursday's open: HRL, PDCO, SDRL, SIG
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  • May. 25, 2011, 7:50 AM
    Hormel Foods (HRL): FQ2 EPS of $0.40 in-line. Revenue of $1.96B (+15.2% Y/Y) beats by $0.14B. FY'11 EPS guidance raised to $1.67-1.73. Shares +3.3% premarket. (PR)
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  • Feb. 22, 2011, 3:10 PM
    People gotta eat. And in today's red tide, food companies are holding up better than most. Hormel (HRL +2.2%) reported strong earnings, and General Mills (GS +1.7%) reaffirmed its 2011 outlook. Also on the plus side: HSY +1.9%, KFT +1.8%, TSN +0.4%, K +0.2%, HNZ +0.1%. But food commodity prices, while high, are broadly lower today.
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  • Feb. 22, 2011, 6:43 AM
    Hormel Foods (HRL): FQ1 EPS of $0.55 beats by $0.12. Revenue of $1.9B (+11.3% Y/Y) beats by $60M. (PR)
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  • Feb. 1, 2011, 8:27 AM
    Hormel Foods (HRL) shareholders approve a two-for-one stock split. The new shares will be delivered Feb. 14. (previously)
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  • Dec. 13, 2010, 8:48 AM
    Hormel (HRL) authorizes a 2-for-1 stock split, its first in ten years and the ninth in company history. Shares +2.2% premarket.
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  • Mar. 5, 2010, 12:25 PM
    Spam maker Hormel Foods (HRL) - at the "higher end of the Chinese market" - wants to expand there via acquisition or joint venture, and could spend up to $1.5B, says its CEO. Hormel generates $47M in annual sales in China.
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  • Nov. 24, 2009, 8:57 AM
    Hormel Foods (HRL): FQ4 EPS of $0.77 beats by $0.09. Revenue of $1.68B (-10%) vs. $1.823B. Sees full-year 2010 EPS of $2.63-2.73 vs. $2.59 consensus. Increases annual dividend to $0.84 from $0.76. Shares -1.75% premarket. (PR I, II)
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  • Nov. 24, 2009, 12:05 AM
    Notable premarket earnings: AEO, BKS, DLTR, EV, HNZ, HRL, MDT, VIP, WMG
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  • May. 21, 2009, 7:41 AM
    Hormel Foods (HRL): Q1 EPS of $0.59 beats by $0.09. Revenue of $1.6B vs. $1.68B. Sees full-year EPS at upper end of $2.15-2.25 vs. consensus of $0.24. Says consumers seek value in retail channels while foodservice sales remain soft. (PR)
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  • May. 21, 2009, 12:05 AM
    Notable earnings before Thursday's open: BKE, BKS, BONT, PLCE, GME, HRL, MF, NM, NWY, PDCO, ROST, SOL, SSI, SMRT, STP, TECD, TTC
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HRL vs. ETF Alternatives
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