Hormel Foods Stock News

Hormel Foods CEO Jim Snee joins Yahoo Finance Live to discuss the company's Q3 earnings, record Spam sales, and how Planters fits into Hormel's future plans. Don't Miss: Valley of Hype: The Culture Th

On Thursday, Hormel Foods Corp (NYSE:HRL) shares rallied more than 5% after reporting its most recent quarterly results. The company announced its fiscal fourth-quarter revenue and earnings before mar

Hormel Foods (HRL) CEO, Jim Snee on Q4 2021 Results - Earnings Call Transcript

US-based Hormel Foods is to close a Jennie-O Turkey Store facility in Minnesota, it has revealed. In commentary surrounding the Read More... The post Hormel Foods to close Jennie-O Turkey Store factory appeared first on Just Food .

Hormel Foods Corp. shares rose 1.1% in Thursday premarket trading after the food company reported fiscal fourth-quarter sales that beat the Street and reached a new record. Net income totaled $281.7 million, or 51 cents per share, up from $234.4 million, or 43 cents per share, last year. Sales of $3.455 billion were up from $2.420 billion last year. The FactSet consensus was for EPS of 50 cents and sales of $3.223 billion. "For the second consecutive quarter, we delivered the highest quarterly net sales in our company''s history," said Chief Executive Jim Snee in a statement. Hormel brands include the namesake, Planters and Jennie-O turkey. For fiscal 2022, the company expects sales of $11.7 billion to 12.5 billion and EPS of $1.87 to $2.03. The FactSet consensus is for sales of $12.086 and EPS of $1.94. Hormel stock has fallen 8.2% for the year to date while the S&P 500 index is up 25.2% for the period. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.

Hormel Foods' (HRL) fourth-quarter fiscal 2021 results reflect higher net sales and earnings driven by growth across all segments and channels.

Hormel Foods Corp (NYSE: HRL) reported fourth-quarter FY21 sales growth of 43% year-on-year, to $3.5 billion, beating the analyst consensus of $3.22 billion. Net sales for Refrigerated Foods increa

Hormel (HRL) delivered earnings and revenue surprises of 2% and 6.68%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Hormel Foods Corp. HRL, +0.85% shares rose 1.1% in Thursday premarket trading after the food company reported fiscal fourth-quarter sales that beat the Street and reached a new record. Net income tota

The 32 Dividend Kings lost 1.68% in November, underperforming the broad market once more this year.

Hormel (HRL) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Hormel Foods (NYSE:HRL) is set to give its latest quarterly earnings report on Thursday, 2021-12-09. Here's what investors need to know before the announcement.

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