Hormel Foods Key Executives
This section highlights Hormel Foods's key executives, including their titles and compensation details.
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Hormel Foods Earnings
This section highlights Hormel Foods's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q1 | 2025 | 2025-02-27 | $0.38 | $0.35 |
| Read Transcript | Q4 | 2024 | 2024-12-04 | $0.43 | $0.42 |
| Read Transcript | Q3 | 2024 | 2024-09-04 | $0.36 | $0.37 |
| Read Transcript | Q2 | 2024 | 2024-05-30 | $0.36 | $0.38 |
| Read Transcript | Q1 | 2024 | 2024-02-29 | $0.33 | $0.41 |
| Read Transcript | Q4 | 2023 | 2023-11-29 | $0.44 | $0.42 |
| Read Transcript | Q3 | 2023 | 2023-08-31 | $0.41 | $0.40 |
| Read Transcript | Q2 | 2023 | 2023-06-01 | $0.40 | $0.40 |
| Read Transcript | Q1 | 2023 | 2023-03-02 | $0.45 | $0.40 |
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
$29.98
Stock Price
$16.49B
Market Cap
20.00K
Employees
Austin, MN
Location
Financial Statements
Access annual & quarterly financial statements for Hormel Foods, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | October 27, 2024 | October 29, 2023 | October 30, 2022 | October 31, 2021 | October 25, 2020 |
|---|---|---|---|---|---|
| Revenue | $11.92B | $12.11B | $12.46B | $11.39B | $9.61B |
| Cost of Revenue | $9.90B | $10.11B | $10.29B | $9.46B | $7.78B |
| Gross Profit | $2.02B | $2.00B | $2.16B | $1.93B | $1.83B |
| Gross Profit Ratio | 16.96% | 16.50% | 17.37% | 16.90% | 19.00% |
| Research and Development Expenses | $- | $33.70M | $34.70M | $33.60M | $31.90M |
| General and Administrative Expenses | $- | $748.37M | $721.97M | $714.57M | $637.72M |
| Selling and Marketing Expenses | $- | $160.10M | $157.30M | $138.50M | $123.60M |
| Selling General and Administrative Expenses | $1.01B | $908.47M | $879.26M | $853.07M | $761.32M |
| Other Expenses | $-51.09M | $-14.37M | $- | $- | $- |
| Operating Expenses | $959.76M | $927.79M | $879.26M | $853.07M | $761.32M |
| Cost and Expenses | $10.85B | $11.04B | $11.17B | $10.31B | $8.54B |
| Interest Income | $48.40M | $14.83M | $28.01M | $46.88M | $35.60M |
| Interest Expense | $80.89M | $73.40M | $62.52M | $43.31M | $21.07M |
| Depreciation and Amortization | $257.76M | $253.31M | $262.75M | $228.41M | $205.78M |
| EBITDA | $1.36B | $1.31B | $1.60B | $1.40B | $1.34B |
| EBITDA Ratio | 11.38% | 10.83% | 12.87% | 12.28% | 13.96% |
| Operating Income | $1.07B | $1.07B | $1.31B | $1.12B | $1.10B |
| Operating Income Ratio | 8.96% | 8.85% | 10.54% | 9.86% | 11.45% |
| Total Other Income Expenses Net | $-32.50M | $-58.57M | $-34.50M | $3.57M | $14.53M |
| Income Before Tax | $1.04B | $1.01B | $1.28B | $1.13B | $1.11B |
| Income Before Tax Ratio | 8.69% | 8.37% | 10.26% | 9.89% | 11.60% |
| Income Tax Expense | $230.80M | $220.55M | $277.88M | $217.03M | $206.39M |
| Net Income | $805.04M | $793.57M | $999.99M | $908.84M | $908.08M |
| Net Income Ratio | 6.75% | 6.55% | 8.03% | 7.98% | 9.45% |
| EPS | $1.47 | $1.45 | $1.84 | $1.68 | $1.69 |
| EPS Diluted | $1.47 | $1.45 | $1.82 | $1.66 | $1.66 |
| Weighted Average Shares Outstanding | 548.13M | 546.42M | 544.92M | 541.11M | 538.01M |
| Weighted Average Shares Outstanding Diluted | 548.83M | 548.98M | 549.57M | 547.58M | 546.59M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | January 26, 2025 | October 27, 2024 | July 28, 2024 | April 28, 2024 | January 28, 2024 | October 29, 2023 | July 30, 2023 | April 30, 2023 | January 29, 2023 | October 30, 2022 | July 31, 2022 | May 01, 2022 | January 30, 2022 | October 31, 2021 | July 25, 2021 | April 25, 2021 | January 24, 2021 | October 25, 2020 | July 26, 2020 | April 26, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.99B | $3.14B | $2.90B | $2.89B | $3.00B | $3.20B | $2.96B | $2.98B | $2.97B | $3.28B | $3.03B | $3.10B | $3.04B | $3.45B | $2.86B | $2.61B | $2.46B | $2.42B | $2.38B | $2.42B |
| Cost of Revenue | $2.51B | $2.62B | $2.41B | $2.38B | $2.47B | $2.68B | $2.47B | $2.49B | $2.48B | $2.72B | $2.53B | $2.54B | $2.51B | $2.88B | $2.44B | $2.13B | $2.01B | $1.96B | $1.96B | $1.95B |
| Gross Profit | $475.23M | $521.23M | $488.37M | $503.14M | $528.34M | $514.42M | $498.05M | $491.42M | $495.95M | $566.42M | $506.05M | $553.47M | $538.75M | $578.08M | $423.35M | $476.31M | $450.17M | $457.76M | $422.43M | $477.35M |
| Gross Profit Ratio | 15.90% | 16.60% | 16.80% | 17.40% | 17.60% | 16.10% | 16.80% | 16.50% | 16.70% | 17.30% | 16.70% | 17.90% | 17.70% | 16.70% | 14.80% | 18.30% | 18.30% | 18.92% | 17.74% | 19.71% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $33.70M | $- | $- | $- | $- | $- | $- | $- | $33.60M | $- | $- | $- | $31.90M | $- | $- |
| General and Administrative Expenses | $- | $150.75M | $190.37M | $210.92M | $196.39M | $600.62M | $248.07M | $177.49M | $- | $- | $- | $- | $- | $91.94M | $195.28M | $169.07M | $162.38M | $67.20M | $157.09M | $158.91M |
| Selling and Marketing Expenses | $- | $35.30M | $40.00M | $44.00M | $44.00M | $-125.00M | $43.00M | $35.00M | $- | $- | $- | $- | $- | $138.50M | $31.00M | $30.90M | $34.00M | $123.60M | $24.00M | $35.00M |
| Selling General and Administrative Expenses | $263.01M | $238.59M | $259.65M | $254.92M | $240.39M | $216.55M | $291.07M | $212.49M | $222.06M | $206.49M | $222.15M | $224.66M | $225.97M | $230.44M | $226.28M | $199.97M | $196.38M | $190.80M | $181.09M | $193.91M |
| Other Expenses | $-16.11M | $-11.84M | $- | $- | $- | $- | $- | $- | $-15.56M | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Operating Expenses | $246.90M | $226.75M | $259.65M | $254.92M | $240.39M | $216.55M | $291.07M | $212.49M | $206.50M | $206.49M | $222.15M | $224.66M | $225.97M | $230.44M | $226.28M | $199.97M | $196.38M | $190.80M | $181.09M | $193.91M |
| Cost and Expenses | $2.76B | $2.84B | $2.66B | $2.64B | $2.71B | $2.90B | $2.76B | $2.70B | $2.68B | $2.92B | $2.75B | $2.77B | $2.73B | $3.11B | $2.67B | $2.33B | $2.21B | $2.15B | $2.14B | $2.14B |
| Interest Income | $9.20M | $4.98M | $10.48M | $13.50M | $19.43M | $- | $9.24M | $1.36M | $10.10M | $7.93M | $14.41M | $1.80M | $3.87M | $10.14M | $8.46M | $10.99M | $17.29M | $10.31M | $15.51M | $- |
| Interest Expense | $19.46M | $19.18M | $21.46M | $21.68M | $18.57M | $24.23M | $18.37M | $18.32M | $18.35M | $17.60M | $15.62M | $14.66M | $14.64M | $15.59M | $11.70M | $7.79M | $8.23M | $8.27M | $5.72M | $6.97M |
| Depreciation and Amortization | $65.87M | $66.40M | $63.66M | $63.63M | $64.07M | $68.85M | $74.75M | $70.78M | $61.50M | $71.19M | $65.13M | $85.90M | $64.28M | $65.92M | $59.18M | $52.26M | $51.04M | $56.01M | $49.86M | $50.59M |
| EBITDA | $303.41M | $366.40M | $311.08M | $324.36M | $368.19M | $333.26M | $301.00M | $368.19M | $361.05M | $446.53M | $349.04M | $422.43M | $377.06M | $433.74M | $275.12M | $352.67M | $336.35M | $402.98M | $314.94M | $344.05M |
| EBITDA Ratio | 10.15% | 11.68% | 10.73% | 10.80% | 11.75% | 11.48% | 10.15% | 12.36% | 12.15% | 13.59% | 12.21% | 12.88% | 12.74% | 12.55% | 9.61% | 13.53% | 13.67% | 14.17% | 13.22% | 14.20% |
| Operating Income | $228.33M | $294.48M | $236.69M | $248.22M | $287.95M | $270.04M | $216.76M | $295.80M | $289.45M | $367.16M | $291.04M | $334.73M | $319.68M | $357.68M | $207.48M | $289.42M | $268.02M | $276.70M | $249.58M | $293.46M |
| Operating Income Ratio | 7.64% | 9.38% | 8.17% | 8.60% | 9.61% | 8.44% | 7.31% | 9.93% | 9.74% | 11.18% | 9.59% | 10.81% | 10.50% | 10.35% | 7.25% | 11.10% | 10.89% | 11.43% | 10.48% | 12.11% |
| Total Other Income Expenses Net | $-10.26M | $-14.45M | $-10.97M | $-8.18M | $1.11M | $-24.23M | $-9.13M | $-16.96M | $-8.25M | $-9.67M | $-1.20M | $-12.86M | $-10.77M | $-5.45M | $-3.25M | $3.21M | $9.06M | $2.04M | $9.79M | $-6.97M |
| Income Before Tax | $218.07M | $280.03M | $225.72M | $244.14M | $285.55M | $245.81M | $207.63M | $278.84M | $281.20M | $357.50M | $289.84M | $321.87M | $308.90M | $352.23M | $204.24M | $292.62M | $277.08M | $278.73M | $259.36M | $286.49M |
| Income Before Tax Ratio | 7.30% | 8.92% | 7.79% | 8.46% | 9.53% | 7.69% | 7.01% | 9.36% | 9.46% | 10.89% | 9.55% | 10.39% | 10.15% | 10.20% | 7.13% | 11.23% | 11.26% | 11.52% | 10.89% | 11.83% |
| Income Tax Expense | $47.54M | $60.07M | $48.98M | $54.93M | $66.82M | $50.32M | $45.05M | $61.62M | $63.55M | $77.48M | $71.01M | $60.19M | $69.19M | $70.48M | $27.16M | $64.70M | $54.69M | $44.21M | $56.10M | $58.87M |
| Net Income | $170.57M | $220.20M | $176.70M | $189.28M | $218.86M | $195.94M | $162.68M | $217.24M | $217.72M | $279.88M | $218.91M | $261.62M | $239.57M | $281.74M | $176.92M | $227.90M | $222.28M | $234.36M | $203.12M | $227.73M |
| Net Income Ratio | 5.71% | 7.02% | 6.10% | 6.56% | 7.30% | 6.13% | 5.49% | 7.30% | 7.33% | 8.52% | 7.21% | 8.45% | 7.87% | 8.16% | 6.18% | 8.74% | 9.03% | 9.68% | 8.53% | 9.40% |
| EPS | $0.31 | $0.40 | $0.32 | $0.35 | $0.40 | $0.36 | $0.30 | $0.40 | $0.40 | $0.51 | $0.40 | $0.48 | $0.44 | $0.52 | $0.33 | $0.42 | $0.41 | $0.43 | $0.38 | $0.42 |
| EPS Diluted | $0.31 | $0.40 | $0.32 | $0.35 | $0.40 | $0.36 | $0.30 | $0.40 | $0.40 | $0.51 | $0.40 | $0.48 | $0.44 | $0.51 | $0.32 | $0.42 | $0.41 | $0.43 | $0.37 | $0.42 |
| Weighted Average Shares Outstanding | 549.46M | 548.13M | 548.68M | 547.87M | 547.02M | 546.52M | 546.36M | 546.42M | 546.38M | 546.21M | 546.08M | 544.70M | 542.68M | 542.50M | 541.75M | 540.20M | 539.91M | 539.73M | 539.11M | 538.12M |
| Weighted Average Shares Outstanding Diluted | 549.85M | 548.83M | 549.27M | 548.68M | 547.92M | 548.25M | 548.64M | 549.01M | 547.92M | 550.13M | 550.17M | 550.04M | 547.93M | 547.29M | 548.07M | 547.54M | 547.44M | 548.03M | 547.15M | 546.37M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | October 27, 2024 | October 29, 2023 | October 30, 2022 | October 31, 2021 | October 25, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $741.88M | $736.53M | $982.11M | $613.53M | $1.71B |
| Short Term Investments | $24.74M | $16.66M | $16.15M | $21.16M | $17.34M |
| Cash and Short Term Investments | $766.62M | $753.20M | $998.26M | $634.69M | $1.73B |
| Net Receivables | $817.91M | $824.63M | $874.77M | $904.01M | $743.87M |
| Inventory | $1.58B | $1.68B | $1.72B | $1.37B | $1.07B |
| Other Current Assets | $85.64M | $39.01M | $55.22M | $39.91M | $30.79M |
| Total Current Assets | $3.25B | $3.30B | $3.64B | $2.95B | $3.58B |
| Property Plant Equipment Net | $2.19B | $2.30B | $2.14B | $2.11B | $1.90B |
| Goodwill | $4.92B | $4.93B | $4.93B | $4.93B | $2.61B |
| Intangible Assets | $1.73B | $1.76B | $1.80B | $1.82B | $1.08B |
| Goodwill and Intangible Assets | $6.66B | $6.69B | $6.73B | $6.75B | $3.69B |
| Long Term Investments | $719.48M | $725.12M | $271.06M | $299.02M | $308.37M |
| Tax Assets | $- | $- | $475.21M | $289.10M | $183.23M |
| Other Non-Current Assets | $617.85M | $443.03M | $53.52M | $299.91M | $250.38M |
| Total Non-Current Assets | $10.19B | $10.15B | $9.67B | $9.75B | $6.33B |
| Other Assets | $- | $- | $4.93M | $5.48M | $4.78M |
| Total Assets | $13.43B | $13.45B | $13.31B | $12.70B | $9.91B |
| Account Payables | $735.60M | $771.40M | $816.60M | $793.31M | $644.61M |
| Short Term Debt | $7.81M | $950.53M | $405.00K | $8.76M | $258.69M |
| Tax Payables | $21.92M | $15.21M | $32.92M | $23.52M | $22.48M |
| Deferred Revenue | $- | $- | $475.21M | $- | $- |
| Other Current Liabilities | $633.97M | $574.64M | $623.33M | $590.07M | $578.18M |
| Total Current Liabilities | $1.40B | $2.31B | $1.47B | $1.42B | $1.50B |
| Long Term Debt | $2.85B | $2.47B | $3.38B | $3.42B | $1.04B |
| Deferred Revenue Non-Current | $- | $- | $- | $546.36M | $552.88M |
| Deferred Tax Liabilities Non-Current | $589.37M | $498.11M | $475.21M | $278.18M | $218.78M |
| Other Non-Current Liabilities | $591.11M | $431.95M | $436.02M | $607.57M | $710.28M |
| Total Non-Current Liabilities | $4.03B | $3.40B | $4.29B | $4.30B | $1.97B |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $5.43B | $5.71B | $5.77B | $5.72B | $3.48B |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $8.04M | $8.01M | $8.00M | $7.95M | $7.91M |
| Retained Earnings | $7.68B | $7.49B | $7.31B | $6.88B | $6.52B |
| Accumulated Other Comprehensive Income Loss | $-263.33M | $-272.25M | $-255.56M | $-277.27M | $-395.25M |
| Other Total Stockholders Equity | $571.18M | $506.18M | $469.47M | $360.34M | $289.55M |
| Total Stockholders Equity | $7.99B | $7.73B | $7.54B | $6.98B | $6.43B |
| Total Equity | $8.00B | $7.74B | $7.55B | $6.98B | $6.44B |
| Total Liabilities and Stockholders Equity | $13.43B | $13.45B | $13.31B | $12.70B | $9.91B |
| Minority Interest | $10.59M | $4.10M | $4.94M | $5.48M | $4.78M |
| Total Liabilities and Total Equity | $13.43B | $13.45B | $13.31B | $12.70B | $9.91B |
| Total Investments | $744.22M | $741.78M | $287.21M | $320.18M | $325.71M |
| Total Debt | $2.86B | $3.31B | $3.30B | $3.32B | $1.30B |
| Net Debt | $2.12B | $2.57B | $2.32B | $2.71B | $-410.68M |
Balance Sheet Charts
| Breakdown | January 26, 2025 | October 27, 2024 | July 28, 2024 | April 28, 2024 | January 28, 2024 | October 29, 2023 | July 30, 2023 | April 30, 2023 | January 29, 2023 | October 30, 2022 | July 31, 2022 | May 01, 2022 | January 30, 2022 | October 31, 2021 | July 25, 2021 | April 25, 2021 | January 24, 2021 | October 25, 2020 | July 26, 2020 | April 26, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $840.40M | $741.88M | $537.48M | $1.49B | $963.21M | $736.53M | $669.12M | $580.50M | $599.79M | $982.11M | $850.34M | $861.72M | $824.43M | $613.53M | $291.36M | $1.48B | $1.75B | $1.71B | $1.73B | $606.07M |
| Short Term Investments | $26.02M | $24.74M | $24.45M | $23.07M | $18.71M | $16.66M | $17.42M | $17.53M | $17.79M | $16.15M | $18.31M | $23.48M | $22.19M | $21.16M | $18.37M | $17.70M | $17.52M | $17.34M | $17.56M | $16.84M |
| Cash and Short Term Investments | $866.41M | $766.62M | $561.93M | $1.51B | $981.92M | $753.20M | $686.55M | $598.03M | $617.58M | $998.26M | $868.66M | $885.20M | $846.63M | $634.69M | $309.74M | $1.50B | $1.77B | $1.73B | $1.75B | $622.91M |
| Net Receivables | $767.80M | $868.29M | $727.05M | $731.98M | $751.05M | $824.63M | $793.74M | $769.13M | $794.36M | $874.77M | $810.58M | $803.05M | $820.40M | $904.01M | $912.42M | $731.45M | $715.65M | $743.87M | $649.56M | $536.35M |
| Inventory | $1.52B | $1.58B | $1.65B | $1.67B | $1.58B | $1.68B | $1.74B | $1.75B | $1.73B | $1.72B | $1.68B | $1.60B | $1.39B | $1.37B | $1.43B | $1.23B | $1.09B | $1.07B | $982.36M | $1.05B |
| Other Current Assets | $115.13M | $35.27M | $58.81M | $61.59M | $56.00M | $39.01M | $36.61M | $49.65M | $53.28M | $55.22M | $45.06M | $88.30M | $40.61M | $39.91M | $39.78M | $51.58M | $30.29M | $30.79M | $30.92M | $40.64M |
| Total Current Assets | $3.27B | $3.25B | $3.00B | $3.98B | $3.37B | $3.30B | $3.25B | $3.16B | $3.20B | $3.64B | $3.40B | $3.37B | $3.09B | $2.95B | $2.69B | $3.51B | $3.60B | $3.58B | $3.41B | $2.25B |
| Property Plant Equipment Net | $2.17B | $2.19B | $2.17B | $2.16B | $2.16B | $2.17B | $2.13B | $2.12B | $2.12B | $2.14B | $2.12B | $2.12B | $2.10B | $2.11B | $2.07B | $1.90B | $1.90B | $1.90B | $1.80B | $1.75B |
| Goodwill | $4.92B | $4.92B | $4.92B | $4.93B | $4.93B | $4.93B | $4.93B | $4.93B | $4.93B | $4.93B | $4.93B | $4.94B | $4.93B | $4.93B | $4.91B | $2.61B | $2.62B | $2.61B | $2.62B | $2.68B |
| Intangible Assets | $1.73B | $1.73B | $1.74B | $1.75B | $1.75B | $1.76B | $1.79B | $1.79B | $1.80B | $1.80B | $1.81B | $1.81B | $1.82B | $1.82B | $1.86B | $1.07B | $1.07B | $1.08B | $1.08B | $1.02B |
| Goodwill and Intangible Assets | $6.64B | $6.66B | $6.67B | $6.68B | $6.68B | $6.69B | $6.72B | $6.72B | $6.73B | $6.73B | $6.74B | $6.75B | $6.75B | $6.75B | $6.77B | $3.68B | $3.69B | $3.69B | $3.70B | $3.71B |
| Long Term Investments | $710.43M | $719.48M | $680.39M | $710.03M | $728.15M | $725.12M | $743.47M | $742.29M | $701.63M | $271.06M | $277.73M | $275.85M | $286.49M | $299.02M | $304.42M | $309.26M | $304.87M | $308.37M | $298.64M | $303.19M |
| Tax Assets | $- | $1.00K | $- | $504.91M | $500.58M | $498.11M | $467.83M | $466.13M | $- | $- | $311.16M | $- | $281.51M | $289.10M | $236.57M | $237.46M | $224.48M | $183.23M | $170.32M | $165.25M |
| Other Non-Current Assets | $607.66M | $617.85M | $600.07M | $102.98M | $77.15M | $76.84M | $106.86M | $101.03M | $535.05M | $528.74M | $292.41M | $598.93M | $318.51M | $299.91M | $264.60M | $248.07M | $237.61M | $250.38M | $225.49M | $220.90M |
| Total Non-Current Assets | $10.14B | $10.19B | $10.12B | $10.16B | $10.15B | $10.15B | $10.17B | $10.15B | $10.09B | $9.67B | $9.74B | $9.75B | $9.73B | $9.75B | $9.64B | $6.37B | $6.36B | $6.33B | $6.19B | $6.15B |
| Other Assets | $- | $- | $- | $- | $- | $- | $4.60M | $- | $- | $- | $-1.00K | $-1.00K | $- | $5.48M | $5.45M | $- | $5.20M | $4.78M | $- | $- |
| Total Assets | $13.40B | $13.43B | $13.11B | $14.14B | $13.51B | $13.45B | $13.43B | $13.32B | $13.28B | $13.31B | $13.14B | $13.12B | $12.83B | $12.70B | $12.34B | $9.89B | $9.96B | $9.91B | $9.60B | $8.40B |
| Account Payables | $709.19M | $735.60M | $675.17M | $691.50M | $656.34M | $771.40M | $703.41M | $750.29M | $764.52M | $816.60M | $799.20M | $826.73M | $799.37M | $793.31M | $654.16M | $577.37M | $558.52M | $644.61M | $537.53M | $502.13M |
| Short Term Debt | $7.19M | $7.81M | $8.23M | $957.29M | $954.03M | $976.77M | $946.98M | $8.96M | $8.93M | $405.00K | $8.81M | $8.08M | $8.83M | $8.76M | $8.73M | $9.33M | $258.69M | $258.69M | $258.69M | $258.30M |
| Tax Payables | $9.00M | $21.92M | $18.51M | $53.57M | $85.53M | $15.21M | $49.58M | $47.43M | $94.78M | $32.92M | $64.31M | $93.32M | $89.13M | $23.52M | $17.45M | $28.94M | $45.90M | $22.48M | $49.73M | $54.77M |
| Deferred Revenue | $- | $- | $- | $53.57M | $85.53M | $589.85M | $670.24M | $- | $- | $368.79M | $611.89M | $- | $607.14M | $278.18M | $588.30M | $588.48M | $600.26M | $218.78M | $- | $564.16M |
| Other Current Liabilities | $606.43M | $633.97M | $607.83M | $602.45M | $564.87M | $548.40M | $620.65M | $498.54M | $505.16M | $623.33M | $547.58M | $552.52M | $518.00M | $590.07M | $570.84M | $559.54M | $554.36M | $578.18M | $581.10M | $509.40M |
| Total Current Liabilities | $1.33B | $1.40B | $1.31B | $2.30B | $2.26B | $2.31B | $2.32B | $1.31B | $1.37B | $1.47B | $1.42B | $1.48B | $1.42B | $1.42B | $1.25B | $1.18B | $1.42B | $1.50B | $1.43B | $1.32B |
| Long Term Debt | $2.85B | $2.85B | $2.85B | $2.88B | $2.39B | $2.50B | $2.40B | $3.33B | $3.29B | $3.35B | $3.34B | $3.34B | $3.36B | $3.42B | $3.37B | $1.04B | $1.04B | $1.04B | $1.05B | $56.86M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- | $349.27M | $396.30M | $- | $- | $- | $551.46M | $- | $547.78M | $546.36M | $559.96M | $557.40M | $555.22M | $552.88M | $545.99M | $542.75M |
| Deferred Tax Liabilities Non-Current | $594.79M | $589.37M | $499.10M | $504.91M | $500.58M | $498.11M | $467.83M | $466.13M | $471.46M | $475.21M | $354.05M | $291.84M | $281.51M | $278.18M | $236.57M | $237.46M | $224.48M | $218.78M | $170.32M | $165.25M |
| Other Non-Current Liabilities | $588.24M | $591.11M | $576.09M | $544.83M | $511.94M | $404.46M | $521.85M | $518.02M | $526.65M | $472.10M | $658.51M | $954.25M | $945.16M | $607.57M | $915.93M | $967.49M | $941.69M | $710.28M | $684.53M | $682.27M |
| Total Non-Current Liabilities | $4.03B | $4.03B | $3.93B | $3.93B | $3.40B | $3.40B | $3.39B | $4.32B | $4.29B | $4.29B | $4.35B | $4.30B | $4.31B | $4.30B | $4.29B | $2.01B | $1.98B | $1.97B | $1.90B | $904.38M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $5.37B | $5.43B | $5.24B | $6.24B | $5.66B | $5.71B | $5.71B | $5.62B | $5.66B | $5.77B | $5.77B | $5.78B | $5.72B | $5.72B | $5.54B | $3.18B | $3.40B | $3.48B | $3.33B | $2.23B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $11.93B | $- | $- | $469.47M | $- | $- | $5.74M | $5.48M | $5.45M | $5.18M | $5.20M | $4.78M | $4.32M | $4.14M |
| Common Stock | $8.05M | $8.04M | $8.03M | $8.03M | $8.02M | $8.01M | $8.01M | $8.00M | $8.01M | $8.00M | $8.00M | $8.00M | $7.96M | $7.95M | $7.95M | $7.92M | $7.91M | $7.91M | $7.90M | $7.90M |
| Retained Earnings | $7.69B | $7.68B | $7.61B | $7.59B | $7.56B | $7.49B | $7.45B | $7.44B | $7.38B | $7.31B | $7.18B | $7.10B | $6.98B | $6.88B | $6.74B | $6.70B | $6.60B | $6.52B | $6.41B | $6.34B |
| Accumulated Other Comprehensive Income Loss | $-271.26M | $-263.33M | $-314.37M | $-262.32M | $-250.78M | $-272.25M | $-241.61M | $-244.89M | $-252.26M | $-255.56M | $-282.57M | $-221.16M | $-265.52M | $-277.27M | $-317.53M | $-325.63M | $-360.87M | $-395.25M | $-431.88M | $-447.91M |
| Other Total Stockholders Equity | $4.05B | $571.18M | $560.85M | $549.13M | $529.72M | $506.18M | $499.30M | $488.10M | $477.47M | $469.47M | $459.27M | $451.84M | $377.71M | $360.34M | $354.16M | $319.05M | $298.99M | $289.55M | $276.59M | $265.13M |
| Total Stockholders Equity | $11.48B | $7.99B | $7.87B | $7.89B | $7.84B | $7.74B | $7.72B | $7.69B | $7.61B | $7.54B | $7.36B | $7.34B | $7.11B | $6.98B | $6.79B | $6.71B | $6.56B | $6.43B | $6.27B | $6.17B |
| Total Equity | $11.49B | $8.00B | $7.88B | $7.90B | $7.85B | $7.74B | $7.72B | $7.70B | $7.62B | $7.54B | $7.37B | $7.35B | $7.11B | $6.98B | $6.80B | $6.71B | $6.56B | $6.44B | $6.28B | $6.17B |
| Total Liabilities and Stockholders Equity | $13.40B | $13.43B | $13.11B | $14.14B | $13.51B | $13.45B | $13.43B | $13.32B | $13.28B | $13.31B | $13.14B | $13.12B | $12.83B | $12.70B | $12.34B | $9.89B | $9.96B | $9.91B | $9.60B | $8.40B |
| Minority Interest | $10.10M | $10.59M | $10.11M | $10.46M | $4.46M | $4.10M | $4.60M | $5.11M | $5.09M | $4.94M | $5.27M | $5.81M | $5.74M | $5.48M | $5.45M | $5.18M | $5.20M | $4.78M | $4.32M | $4.14M |
| Total Liabilities and Total Equity | $13.40B | $13.43B | $13.11B | $14.14B | $13.51B | $13.45B | $13.43B | $13.32B | $13.28B | $13.31B | $13.14B | $13.12B | $12.83B | $12.70B | $12.34B | $9.89B | $9.96B | $9.91B | $9.60B | $8.40B |
| Total Investments | $736.45M | $744.22M | $704.84M | $733.10M | $746.86M | $741.78M | $760.90M | $759.82M | $719.42M | $287.21M | $296.04M | $299.33M | $308.69M | $320.18M | $322.79M | $326.96M | $322.39M | $325.71M | $316.20M | $320.04M |
| Total Debt | $2.86B | $2.86B | $2.86B | $3.81B | $3.31B | $3.31B | $3.31B | $3.30B | $3.30B | $3.30B | $3.30B | $3.30B | $3.32B | $3.32B | $3.32B | $1.05B | $1.30B | $1.30B | $1.31B | $315.16M |
| Net Debt | $2.02B | $2.12B | $2.32B | $2.32B | $2.35B | $2.57B | $2.64B | $2.72B | $2.70B | $2.32B | $2.45B | $2.44B | $2.49B | $2.71B | $3.03B | $-434.71M | $-449.80M | $-410.68M | $-423.86M | $-290.92M |
Annual Cash Flow
| Breakdown | October 27, 2024 | October 29, 2023 | October 30, 2022 | October 31, 2021 | October 25, 2020 |
|---|---|---|---|---|---|
| Net Income | $804.63M | $792.92M | $1.00B | $909.14M | $908.35M |
| Depreciation and Amortization | $257.76M | $253.31M | $262.75M | $228.41M | $205.78M |
| Deferred Income Tax | $87.67M | $31.79M | $177.00M | $28.68M | $32.04M |
| Stock Based Compensation | $23.23M | $24.08M | $24.94M | $24.74M | $22.46M |
| Change in Working Capital | $68.16M | $-124.76M | $-371.79M | $-165.79M | $-29.01M |
| Accounts Receivables | $1.90M | $49.00M | $28.36M | $-191.63M | $-119.52M |
| Inventory | $95.28M | $35.71M | $-351.66M | $-145.18M | $-1.84M |
| Accounts Payables | $-27.20M | $-140.52M | $-14.51M | $115.10M | $111.28M |
| Other Working Capital | $-1.82M | $-68.95M | $-33.98M | $55.92M | $-18.93M |
| Other Non Cash Items | $25.29M | $70.50M | $41.85M | $-23.25M | $-11.60M |
| Net Cash Provided by Operating Activities | $1.27B | $1.05B | $1.13B | $1.00B | $1.13B |
| Investments in Property Plant and Equipment | $-256.44M | $-270.21M | $-277.69M | $-230.20M | $-367.50M |
| Acquisitions Net | $- | $-427.71M | $2.40M | $-3.40B | $-270.79M |
| Purchases of Investments | $-14.06M | $- | $2.49M | $-4.36M | $-19.94M |
| Sales Maturities of Investments | $- | $- | $-2.40M | $4.36M | $3.77M |
| Other Investing Activities | $33.59M | $8.38M | $17.16M | $607.00K | $-1.86M |
| Net Cash Used for Investing Activities | $-236.91M | $-689.54M | $-258.04M | $-3.63B | $-656.32M |
| Debt Repayment | $-461.25M | $-6.85M | $-8.67M | $2.02B | $984.01M |
| Common Stock Issued | $- | $- | $79.83M | $- | $- |
| Common Stock Repurchased | $- | $-12.30M | $- | $-19.96M | $-12.36M |
| Dividends Paid | $-614.96M | $-592.93M | $-557.84M | $-523.11M | $-487.38M |
| Other Financing Activities | $46.12M | $12.02M | $79.83M | $45.92M | $81.89M |
| Net Cash Used Provided by Financing Activities | $-1.03B | $-600.06M | $-486.68M | $1.52B | $566.17M |
| Effect of Forex Changes on Cash | $5.61M | $-3.81M | $-21.68M | $2.61M | $3.53M |
| Net Change in Cash | $5.35M | $-245.57M | $368.58M | $-1.10B | $1.04B |
| Cash at End of Period | $741.88M | $736.53M | $982.11M | $613.53M | $1.71B |
| Cash at Beginning of Period | $736.53M | $982.11M | $613.53M | $1.71B | $672.90M |
| Operating Cash Flow | $1.27B | $1.05B | $1.13B | $1.00B | $1.13B |
| Capital Expenditure | $-256.44M | $-270.21M | $-277.69M | $-230.20M | $-367.50M |
| Free Cash Flow | $1.01B | $777.64M | $857.28M | $771.73M | $760.52M |
Cash Flow Charts
| Breakdown | January 26, 2025 | October 27, 2024 | July 28, 2024 | April 28, 2024 | January 28, 2024 | October 29, 2023 | July 30, 2023 | April 30, 2023 | January 29, 2023 | October 30, 2022 | July 31, 2022 | May 01, 2022 | January 30, 2022 | October 31, 2021 | July 25, 2021 | April 25, 2021 | January 24, 2021 | October 25, 2020 | July 26, 2020 | April 26, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $170.53M | $219.79M | $176.70M | $189.28M | $218.86M | $195.48M | $162.57M | $217.22M | $217.65M | $280.01M | $218.83M | $261.68M | $239.71M | $281.75M | $177.07M | $227.92M | $222.40M | $234.53M | $203.26M | $227.62M |
| Depreciation and Amortization | $65.87M | $66.40M | $63.66M | $63.63M | $64.07M | $68.85M | $74.75M | $70.78M | $61.50M | $71.19M | $65.13M | $62.16M | $64.28M | $65.92M | $59.18M | $52.26M | $51.04M | $56.01M | $49.86M | $50.59M |
| Deferred Income Tax | $-70.00K | $89.09M | $-954.00K | $-289.00K | $-179.00K | $32.07M | $206.00K | $-168.00K | $-311.00K | $105.57M | $71.95M | $-887.00K | $366.00K | $26.30M | $368.00K | $1.67M | $335.00K | $33.93M | $-283.00K | $-1.66M |
| Stock Based Compensation | $5.45M | $3.12M | $5.11M | $10.56M | $4.44M | $3.13M | $5.03M | $10.71M | $5.20M | $4.01M | $4.57M | $10.04M | $6.33M | $4.43M | $4.48M | $8.05M | $7.78M | $3.27M | $3.72M | $6.17M |
| Change in Working Capital | $44.66M | $24.38M | $-34.84M | $-36.79M | $115.40M | $-45.39M | $73.68M | $-85.49M | $-67.56M | $-101.51M | $-169.80M | $-154.87M | $54.38M | $184.82M | $-160.22M | $-127.80M | $-62.59M | $-74.88M | $82.93M | $65.77M |
| Accounts Receivables | $57.19M | $-87.53M | $1.74M | $19.59M | $68.09M | $-32.42M | $-24.71M | $26.57M | $79.56M | $-68.31M | $-12.62M | $24.22M | $85.08M | $156.00K | $-171.96M | $-16.38M | $-3.44M | $-53.46M | $-113.23M | $35.68M |
| Inventory | $55.61M | $64.69M | $23.21M | $-96.51M | $103.89M | $56.25M | $6.77M | $-15.54M | $-11.77M | $-40.35M | $-84.89M | $-210.17M | $-16.25M | $57.04M | $-47.57M | $-142.77M | $-11.88M | $-88.87M | $66.41M | $35.54M |
| Accounts Payables | $-56.33M | $68.17M | $-17.71M | $54.56M | $-132.23M | $-9.31M | $74.01M | $-33.85M | $-171.37M | $69.87M | $-38.05M | $39.22M | $-85.55M | $145.29M | $73.25M | $20.65M | $-124.09M | $121.84M | $109.66M | $15.76M |
| Other Working Capital | $-11.81M | $-20.95M | $-42.08M | $-14.44M | $75.64M | $-59.90M | $17.60M | $-62.66M | $36.01M | $-62.72M | $-2.40M | $-8.13M | $71.11M | $-17.67M | $-13.94M | $10.70M | $76.83M | $-54.38M | $20.09M | $-21.21M |
| Other Non Cash Items | $22.76M | $5.83M | $8.31M | $169.93M | $1.38M | $64.94M | $758.00K | $-4.93M | $-12.85M | $12.55M | $1.95M | $15.23M | $18.69M | $931.00K | $-4.36M | $-6.54M | $-13.28M | $-2.92M | $-9.69M | $11.38M |
| Net Cash Provided by Operating Activities | $309.21M | $408.62M | $217.99M | $236.15M | $403.98M | $319.09M | $317.00M | $208.13M | $203.63M | $371.82M | $186.05M | $193.35M | $383.76M | $564.15M | $76.53M | $155.57M | $205.69M | $249.94M | $329.80M | $359.87M |
| Investments in Property Plant and Equipment | $-72.17M | $-83.78M | $-65.48M | $-59.97M | $-47.21M | $-101.68M | $-77.68M | $-53.51M | $-37.05M | $-89.73M | $-60.97M | $-78.47M | $-49.36M | $-92.75M | $-53.82M | $-45.18M | $-40.36M | $-140.67M | $-88.27M | $-80.35M |
| Acquisitions Net | $- | $23.72M | $35.00K | $6.62M | $288.00K | $-514.00K | $212.00K | $-8.79M | $-418.62M | $180.00K | $610.00K | $46.00K | $388.00K | $3.40B | $-3.40B | $192.00K | $-956.00K | $270.79M | $-1.91M | $-268.88M |
| Purchases of Investments | $-2.78M | $- | $-6.84M | $-4.99M | $-964.00K | $-507.00K | $210.00K | $-8.01M | $-833.00K | $- | $4.37M | $-2.76M | $-1.61M | $-43.00K | $-583.00K | $-2.97M | $-399.00K | $-10.11M | $-651.00K | $-13.41M |
| Sales Maturities of Investments | $- | $- | $- | $- | $1.00K | $514.00K | $-210.00K | $- | $- | $1.20M | $- | $-46.00K | $- | $-956.00K | $4.53M | $- | $956.00K | $53.00K | $7.58M | $62.00K |
| Other Investing Activities | $14.61M | $60.00K | $8.10M | $-1.00K | $11.00K | $1.13M | $46.00K | $10.71M | $5.03M | $3.52M | $6.67M | $5.09M | $1.29M | $-3.40B | $3.06M | $193.00K | $1.46M | $-270.34M | $344.00K | $-55.00K |
| Net Cash Used for Investing Activities | $-60.33M | $-60.01M | $-64.18M | $-58.33M | $-47.87M | $-101.06M | $-77.42M | $-59.60M | $-451.47M | $-86.21M | $-46.02M | $-76.13M | $-49.68M | $-95.52M | $-3.44B | $-47.95M | $-39.30M | $-150.28M | $-82.91M | $-362.63M |
| Debt Repayment | $-2.20M | $-2.22M | $-952.28M | $495.49M | $-2.25M | $-2.24M | $-228.00K | $-2.19M | $-2.19M | $-2.17M | $-1.47M | $-2.86M | $-2.16M | $-2.08M | $2.27B | $-252.19M | $-2.17M | $-2.15M | $990.23M | $-2.05M |
| Common Stock Issued | $- | $- | $6.33M | $- | $18.90M | $3.53M | $5.93M | $- | $- | $1.87M | $2.87M | $64.03M | $11.05M | $- | $30.67M | $- | $- | $9.70M | $- | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $-280.00K | $- | $-5.93M | $-12.38M | $- | $- | $- | $- | $- | $-10.30M | $- | $-816.00K | $-8.84M | $- | $- | $-12.36M |
| Dividends Paid | $-154.98M | $-154.98M | $-154.94M | $-154.74M | $-150.29M | $-150.37M | $-149.94M | $-150.60M | $-142.02M | $-141.91M | $-141.86M | $-141.15M | $-132.91M | $-132.91M | $-132.42M | $-132.27M | $-125.52M | $-125.37M | $-125.25M | $-124.50M |
| Other Financing Activities | $14.12M | $6.93M | $6.33M | $5.12M | $19.18M | $-1.00K | $5.93M | $- | $2.64M | $1.87M | $2.87M | $64.03M | $11.05M | $1.91M | $30.67M | $11.58M | $1.76M | $- | $7.75M | $28.09M |
| Net Cash Used Provided by Financing Activities | $-143.06M | $-150.27M | $-1.10B | $348.21M | $-133.65M | $-149.09M | $-144.24M | $-165.17M | $-141.57M | $-142.22M | $-140.46M | $-79.98M | $-124.02M | $-143.38M | $2.17B | $-373.71M | $-134.75M | $-117.82M | $872.72M | $-110.82M |
| Effect of Forex Changes on Cash | $-7.29M | $6.07M | $-1.81M | $-2.87M | $4.22M | $-1.54M | $-6.71M | $-2.65M | $7.09M | $-11.62M | $-10.94M | $44.00K | $846.00K | $-3.08M | $1.00M | $-920.00K | $5.60M | $3.10M | $3.68M | $-4.77M |
| Net Change in Cash | $98.52M | $204.41M | $-948.89M | $523.16M | $226.68M | $67.41M | $88.63M | $-19.29M | $-382.32M | $131.76M | $-11.38M | $37.28M | $210.90M | $322.17M | $-1.19B | $-267.01M | $37.23M | $-15.06M | $1.12B | $-118.35M |
| Cash at End of Period | $840.40M | $741.88M | $537.48M | $1.49B | $963.21M | $736.53M | $669.12M | $580.50M | $599.79M | $982.11M | $850.34M | $861.72M | $824.43M | $613.53M | $291.36M | $1.48B | $1.75B | $1.71B | $1.73B | $606.07M |
| Cash at Beginning of Period | $741.88M | $537.48M | $1.49B | $963.21M | $736.53M | $669.12M | $580.50M | $599.79M | $982.11M | $850.34M | $861.72M | $824.43M | $613.53M | $291.36M | $1.48B | $1.75B | $1.71B | $1.73B | $606.07M | $724.42M |
| Operating Cash Flow | $309.21M | $408.62M | $217.99M | $236.15M | $403.98M | $319.09M | $317.00M | $208.13M | $203.63M | $371.82M | $186.05M | $193.35M | $383.76M | $564.15M | $76.53M | $155.57M | $205.69M | $249.94M | $329.80M | $359.87M |
| Capital Expenditure | $-72.17M | $-83.78M | $-65.48M | $-59.97M | $-47.21M | $-101.68M | $-77.68M | $-53.51M | $-37.05M | $-89.73M | $-60.97M | $-78.47M | $-49.36M | $-92.75M | $-53.82M | $-45.18M | $-40.36M | $-140.67M | $-88.27M | $-80.35M |
| Free Cash Flow | $237.04M | $324.84M | $152.51M | $176.18M | $356.77M | $217.41M | $239.32M | $154.62M | $166.58M | $282.09M | $125.08M | $114.89M | $334.40M | $471.40M | $22.71M | $110.39M | $165.32M | $109.27M | $241.53M | $279.52M |
Hormel Foods Dividends
Explore Hormel Foods's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
3.63%
Dividend Payout Ratio
76.39%
Dividend Paid & Capex Coverage Ratio
1.45x
Hormel Foods Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.29 | $0.29 | January 13, 2025 | January 13, 2025 | February 18, 2025 | November 25, 2024 |
| $0.2825 | $0.2825 | October 15, 2024 | October 15, 2024 | November 15, 2024 | September 23, 2024 |
| $0.2825 | $0.2825 | July 15, 2024 | July 15, 2024 | August 15, 2024 | May 20, 2024 |
| $0.2825 | $0.2825 | April 12, 2024 | April 15, 2024 | May 15, 2024 | March 25, 2024 |
| $0.2825 | $0.2825 | January 12, 2024 | January 16, 2024 | February 15, 2024 | November 20, 2023 |
| $0.275 | $0.275 | October 13, 2023 | October 16, 2023 | November 15, 2023 | September 25, 2023 |
| $0.275 | $0.275 | July 14, 2023 | July 17, 2023 | August 15, 2023 | May 22, 2023 |
| $0.275 | $0.275 | April 14, 2023 | April 17, 2023 | May 15, 2023 | March 27, 2023 |
| $0.275 | $0.275 | January 13, 2023 | January 17, 2023 | February 15, 2023 | November 21, 2022 |
| $0.26 | $0.26 | October 14, 2022 | October 17, 2022 | November 15, 2022 | September 26, 2022 |
| $0.26 | $0.26 | July 08, 2022 | July 11, 2022 | August 15, 2022 | May 23, 2022 |
| $0.26 | $0.26 | April 08, 2022 | April 11, 2022 | May 16, 2022 | March 28, 2022 |
| $0.26 | $0.26 | January 14, 2022 | January 18, 2022 | February 15, 2022 | November 22, 2021 |
| $0.245 | $0.245 | October 15, 2021 | October 18, 2021 | November 15, 2021 | September 27, 2021 |
| $0.245 | $0.245 | July 09, 2021 | July 12, 2021 | August 16, 2021 | May 24, 2021 |
| $0.245 | $0.245 | April 09, 2021 | April 12, 2021 | May 17, 2021 | March 22, 2021 |
| $0.245 | $0.245 | January 08, 2021 | January 11, 2021 | February 16, 2021 | November 23, 2020 |
| $0.2325 | $0.2325 | October 16, 2020 | October 19, 2020 | November 16, 2020 | September 29, 2020 |
| $0.2325 | $0.2325 | July 10, 2020 | July 13, 2020 | August 17, 2020 | May 18, 2020 |
| $0.2325 | $0.2325 | April 09, 2020 | April 13, 2020 | May 15, 2020 | March 23, 2020 |
Hormel Foods News
Read the latest news about Hormel Foods, including recent articles, headlines, and updates.
2025 Dividend Kings: Strong Run Continues
The Dividend Kings are outperforming the S&P 500 in 2025 by 4.57%. Top performers include National Fuel & Gas (+30.21%), Consolidated Edison (+22.66%), and AbbVie (+20.40%). Promising Dividend Kings identified in February showed relative outperformance, averaging -0.38% vs. -1.58% for all Kings and -3.34% for SPY.
Buy 2 March S&P 500 Dividend Aristocrats Out Of 37 'Safer'
Four of the ten lowest-priced Dividend Aristocrats, including Franklin Resources and Realty Income, are ready to buy with annual dividends exceeding their single share prices. Analysts forecast 15.93% to 26.49% net gains for top-ten Aristocrat Dogs by March 2026, with Federal Realty and Stanley Black & Decker leading. A market correction of 65% could make all top-yield Aristocrats fair-priced, with dividends from $1K invested meeting or exceeding their single share prices.
10 Dividend Aristocrat Bargains To Help You SWAN During This Trade War Turmoil
The trade war is causing market volatility, with stocks falling and bonds performing well as investors seek hedges against economic slowdown fears. Dividend aristocrats, particularly low-volatility, defensive ones, offer a stable investment strategy during trade war turmoil. They provide dependable income and lower downside risk. The recommended 10 low volatility dividend aristocrats include Johnson & Johnson, PepsiCo, and Kimberly-Clark, offering a 4% yield and strong long-term return potential.
Hormel Foods unveils FONTANINI® Hot Honey Sliced Sausage as the Popularity of Hot Honey on Pizza Continues to Soar
The Foodservice division at Hormel Foods is 'taking heat somewhere sweet' with the launch of its latest trend-forward topping, which debuts at International Pizza Expo later this month AUSTIN, Minn. , March 5, 2025 /PRNewswire/ -- Hot honey has long been a relevant talking point for pizzaiolos, as more and more pizza establishments are incorporating hot honey into their menus and offerings.
My Best Dividend Aristocrats For March 2025
The ProShares S&P 500 Dividend Aristocrat ETF kicks off 2025 on a bright note with a gain of 2.81% in January. I present 3 strategies that can theoretically beat the dividend aristocrat index in the long term. After 43 months of tracking these strategies, one strategy is generating a CAGR superior to NOBL.
Hormel Foods Corporation (HRL) Q1 2025 Earnings Call Transcript
Hormel Foods Corporation (NYSE:HRL ) Q1 2025 Earnings Conference Call February 27, 2025 9:30 AM ET Company Participants Jess Blomberg - Director of Investor Relations Jim Snee - President and Chief Executive Officer Jacinth Smiley - Executive Vice President and Chief Financial Officer John Ghingo - Executive Vice President, Retail Segment Conference Call Participants Peter Galbo - Bank of America Ken Goldman - JPMorgan Heather Jones - Heather Jones Research Rupesh Parikh - Oppenheimer Ben Thurber - Barclays Thomas Palmer - Citi Michael Lavery - Piper Sandler Pooran Sharma - Stephens Max Gumport - BNP Operator Good morning, ladies and gentlemen, and welcome to the Hormel's Foods Corporation First Quarter Earnings Conference Call. [Operator Instructions] This call is being recorded on Thursday, February 27, 2025.
Buy 3 "Safer" Dividend Kings Of 24 Out Of 52 For February
Seven of the top-ten Dividend Kings by yield offer annual dividends from a $1K investment exceeding their single share prices, making them attractive buys. Six Dividend Kings, including Altria Group and Hormel Foods, are currently fair-priced, with dividends meeting or exceeding their single-share prices. Analysts predict net gains between 15% and 45.53% for the top-ten Dividend Kings by February 2026, based on target prices.
HORMEL FOODS REPORTS FIRST QUARTER FISCAL 2025 RESULTS
Strength of Value-Added Portfolio Results in Solid Top-Line Performance Company Reaffirms Fiscal 2025 Net Sales and Adjusted Diluted Earnings Per Share Expectations AUSTIN, Minn. , Feb. 27, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2025, which ended January 26, 2025.
2025 Dividend Kings - Off To A Strong Start
The Dividend Kings are outperforming the S&P 500 in 2025, up 4% YTD versus 1.39% for SPY. Ten Dividend Kings have already achieved double-digit returns, led by National Fuel Gas (+22.08%) and Abbott Laboratories (+20.71%). 2025 Dividend growth is looking promising, with ABM Industries and Walmart leading with 17.78% and 15.69% increases, respectively.
3 Ideal Buys From 50 'Safer' Dividends In 100 February Barron's Sustainable Dogs
Calvert Research and Management's annual review identified the top 100 sustainable companies based on 230 ESG performance indicators, focusing on planet, workplace, customer, community, and shareholder categories. Four dividend-paying companies—Interpublic Group, Regions Financial, Hormel Foods, and HP Inc.—meet the Dogcatcher ideal, with annual dividends from a $1K investment exceeding their share prices. Analysts estimate net gains of 18.08% to 50.6% for the top ten ESG companies by February 2026, with the average net gain projected at 26.12%.
Hormel: Worth Considering At A 4% Yield (Rating Upgrade)
I am upgrading Hormel Foods from a sell to a hold after a 35% decline over 27 months, despite ongoing market challenges. Hormel's dividend yield has climbed above 4%, supported by sufficient free cash flow, though valuation remains unappealing with modest EPS growth expected. Key risks include volatility in turkey and pork markets, geopolitical risks, and ongoing issues with the Planters brand, despite increased advertising investments.
Buy 2 February S&P 500 Dividend Aristocrats Out Of 38 'Safer'
Five of the ten lowest-priced Dividend Aristocrats - Franklin Resources, Realty Income, Amcor, Hormel, and Kenvue - are recommended buys, offering dividends exceeding their single share prices. Analysts project net gains of 15.84% to 46.98% by February 2025 for the Top Ten Aristocrat Dogs, with an average gain of 21.63%. Ten Aristocrats show negative free cash flow margins, making them unsafe buys; Federal Realty, Kenvue, and PepsiCo are among them.
Turn Up the Flavor with the New HORMEL GATHERINGS® Bold and Spicy Tray
Jalapeño pepperoni and spicy salami are bringing the heat in the all-new HORMEL GATHERINGS® Bold and Spicy Tray AUSTIN, Minn. , Feb. 6, 2025 /PRNewswire/ -- The makers of the HORMEL GATHERINGS® brand are turning up the heat with the launch of their latest innovation – the HORMEL GATHERINGS ® Bold and Spicy Tray.
HORMEL® PEPPERONI IS SPREADING THE LOVE THIS VALENTINE'S DAY WITH LIMITED EDITION HEART-TO-HEART PIZZA KITS
The first come first serve kits feature the brand's first-ever heart-shaped pepperonis and everything you need to satisfy a romantic's taste for love AUSTIN, Minn. , Feb. 4, 2025 /PRNewswire/ -- Roses are red, and pepperonis are too; this Valentine's Day, the makers of HORMEL® Pepperoni are bringing dinner to you.
Hormel Foods Corporation to Hold First Quarter Earnings Conference Call
AUSTIN, Minn. , Feb. 4, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and John Ghingo, executive vice president, Retail; to discuss the Company's first quarter financial results.
Hormel Foods Announces Sales Executive Moves in Foodservice and Retail
Lynn Egner to assume the role of Vice President of Foodservice sales Natosha Walsh moves to V ice President of Retail sales – West AUSTIN, Minn. , Feb. 3, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced sales executive moves for its Retail and Foodservice business segments.
Buy And Sleep Well: 10 High‐Yield Dividend Aristocrats For A Record‐High Stock Market
The market's recent volatility highlights the irrationality of short-term movements, making high-yield dividend aristocrats attractive for stable, long-term returns. High-yield aristocrats offer an average yield of 5.3%, significantly higher than the S&P and other high-yield ETFs. They also have solid growth prospects. These top 10 aristocrats are undervalued by 18%, providing a 29% upside potential within 12 months and 11.9% CAGR long-term returns.
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