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Hormel has felt margin pressure from inflation and supply chain problems. The dividend is safe despite the yield climbing to an all-time high.
Hormel Foods beat earnings for its latest quarterly results. The stock is still down quite a bit from all-time highs.
Hormel Foods' (HRL) first-quarter fiscal 2024 results reflect increased sales and earnings on the back of the solid Foodservice segment.
Hormel Foods President, Chair and CEO Jim Snee joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, high performing products, and more.
Hormel Foods President, Chair and CEO Jim Snee joins 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, high performing products, and more.
Hormel exceeded estimates with modest top-line growth and significantly improved cash flows in its latest quarter. The food processing company also reaffirmed its full-year outlook.
Hormel Foods (HRL) was the best-performing stock in the S&P 500 Thursday after the packaged food giant posted better-than-expected quarterly results as sales volumes increased across all of its businesses.
Major U.S. equities ticked higher on Thursday even after the latest Personal Consumption Expenditure (PCE) report pointed to a month-over-month uptick in inflation in January, confirming the rebound in price increases revealed by the Consumer Price Index (CPI) print earlier this month.
Hormel reports earnings of 41 cents a share on revenue of $3 billion
Although the revenue and EPS for Hormel (HRL) give a sense of how its business performed in the quarter ended January 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.