We Remain Bullish On Hormel Foods Despite The Selloff

Dec. 07, 2022 12:49 PM ETHormel Foods Corporation (HRL)1 Comment
Bela Lakos profile picture
Bela Lakos


  • Hormel Foods Corporation reported declining sales and volume in fiscal Q4, primarily driven by supply chain-related issues and the highly pathogenic avian influenza.
  • At the same time, both gross and operating margins have expanded as a result of the strategic pricing actions and the leverage of the Jennie-O Turkey Store.
  • Hormel Foods remains committed to returning value to its shareholders. The firm has announced its 57th consecutive increase to the annual dividend.
  • In fiscal 2023, the firm expects top and bottom line growth.
  • We remain bullish on Hormel Foods Corporation stock and maintain our “buy” rating.

2022 Bar & Restaurant Expo and World Tea Expo - Day 2

Gabe Ginsberg

Hormel Foods Corporation (NYSE:HRL) develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally.

This year, we have already published two articles on Hormel, rating the firm's


Analysis history (Author)

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Selected metrics ((HRL))

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Margins ((HRL))


Refrigerated goods ((HRL))


Grocery products ((HRL))


Jennie-O Turkey Store ((HRL))


International & Other ((HRL))


Outlook ((HRL))


Dividends ((HRL))

This article was written by

Bela Lakos profile picture
Petroleum engineer with an enthusiasm for investing, accounting and personal finances.

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of products or services or financial advice. Information in this article is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. This article has been co-authored by Mark Lakos.

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