HRL Stock Recent News
HRL LATEST HEADLINES
Companies in the Zacks Food - Meat Products industry gain from the growing demand for protein-rich products. Efforts to expand capacity and undertake product diversification have been working well for Tyson Foods (TSN), Hormel Foods (HRL) and Pilgrim's Pride (PPC).
Animal diseases, COVID-19, and inflation have hurt Hormel's business. The company's dividend growth story remains intact.
Hormel Foods owns a portfolio of iconic food brands. The company is facing a series of headwinds, none of which by itself is catastrophic.
Hormel Foods' (HRL) long-standing relationships, differentiated product portfolio, innovative solutions and impressive sales team are fueling growth in the Foodservice business.
Here is how Hormel Foods (HRL) and Coca-Cola FEMSA (KOF) have performed compared to their sector so far this year.
Dividend Kings are high-quality income investments for long-term-oriented investors. Investors don't buy these stocks once and forget about them; they buy them repeatedly, building solid positions that drive portfolio value.
Hormel Foods (HRL) is focused on six strategic priorities, which include pursuing solid global expansion. However, increasing advertising investments are putting pressure on profits.
Hormel Foods Corporation is a leading global food company known for iconic brands like SPAM and Skippy. The company's recent earnings results showed a modest increase in volume and net sales. While the company has a solid track record of dividend payments, its stock appears to be reasonably priced with limited upside potential.
Hormel has been hit with several headwinds all at the same time. The company's fiscal 2024 Q1 earnings suggest the business is gaining some traction as it works to turn itself around.
Hormel Foods has been struggling with multiple headwinds. The company is a Dividend King with a long history of success.