HRL - Hormel Foods Corporation
35.67 0.00 (0.00%)
After hours: 4:43PM EDT
| Previous Close | 36.44 |
| Open | 36.33 |
| Bid | 35.08 x 1100 |
| Ask | 36.93 x 1400 |
| Day's Range | 35.35 - 36.39 |
| 52 Week Range | 29.75 - 38.00 |
| Volume | 2,399,099 |
| Avg. Volume | 2,665,458 |
| Market Cap | 18.923B |
| Beta | -0.06 |
| PE Ratio (TTM) | 20.49 |
| EPS (TTM) | 1.74 |
| Earnings Date | Aug 22, 2018 - Aug 27, 2018 |
| Forward Dividend & Yield | 0.75 (2.06%) |
| Ex-Dividend Date | 2018-07-13 |
| 1y Target Est | 35.67 |
- InvestorPlace•2 hours ago
10 Consumer Stocks on the Clearance Rack
U.S. equities are trading meekly on Monday, inching lower with caution. The specter of an outright trade war with China looms large, with a tit-for-tat involving billions in import tariffs already underway. Moreover, central banks are turning increasingly hawkish with the Federal Reserve jacking interest rates higher again last week and promising two more hikes before the year is out. The European Central Bank is committed to ending its bond buying stimulus program before the end of the year.
- PR Newswire•5 days ago
America's Best Firehouse Chili Contest Returns, Giving Firefighters Across the Country a Chance to Win $10,000 for Their Station
AUSTIN, Minn., June 11, 2018 /PRNewswire/ -- To honor America's heroic firefighters and highlight their red-hot cooking talents, the makers of HORMEL® Chili are once again teaming up with the National Fallen Firefighters Foundation to crown "America's Best Firehouse Chili Recipe." The contest, now in its second year, provides firefighters across the country the opportunity to submit their very own chili recipes for the chance to win $10,000 for their station. From now until July 16, 2018, firefighters will be encouraged to submit their best chili recipe to www.firehousechili.hormel.com for judging.
- PR Newswire•5 days ago
Hormel Foods Launches Four New Bacon Toppings Products
AUSTIN, Minn. , June 13, 2018 /PRNewswire/ -- The makers of Hormel ® Black Label ® bacon, one of America's fastest growing brands in the category, announced today the launch of four new bacon toppings ...
- Kiplinger•6 days ago
Whatever Happened to Chi-Chi's Restaurants?
A deadly hepatitis A outbreak devastated the chain in the U.S., but locations remain overseas.
- Motley Fool•8 days ago
3 Great Stocks for Your IRA
If you're looking for stocks to hold in your retirement account, here are three dividend payers with long-term appeal.
Markit•10 days agoSee what the IHS Markit Score report has to say about Hormel Foods Corp.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Consumer Goods sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
- Market Realist•12 days ago
These Sectors Could Take a Hit due to Rising Trade Tensions
The Trump administration sent shock waves across the global markets by announcing trade tariffs on steel and aluminum imports in early March this year. Both nations are continuing their tug of war, and the US is finally slapping 25% tariffs on $50 billion worth of imports from China at the end of May. For more on trade tariffs, read, Why President Trump Thinks Tariffs Are a Good Measure.
Reuters•13 days agoAiming at Trump strongholds, Mexico hits back with trade tariffs
Mexico put tariffs on American products ranging from steel to pork and bourbon on Tuesday, retaliating against import duties on metals imposed by President Donald Trump and taking aim at Republican strongholds ahead of U.S. congressional elections in November. Mexico's response further raises trade tensions between the two countries and adds a new complication to efforts to renegotiate the trillion-dollar North American Free Trade Agreement between Canada, the United States and Mexico. American pork producers, for whom Mexico is the largest export market, were dismayed by the move.
- Reuters•13 days ago
Aiming at Trump strongholds, Mexico hits back with trade tariffs
Mexico put tariffs on American products ranging from steel to pork and bourbon on Tuesday, retaliating against import duties on metals imposed by President Donald Trump and taking aim at Republican strongholds ahead of U.S. congressional elections in November. Mexico's response further raises trade tensions between the two countries and adds a new complication to efforts to renegotiate the trillion-dollar North American Free Trade Agreement between Canada, the United States and Mexico. American pork producers, for whom Mexico is the largest export market, were dismayed by the move.
Reuters•13 days agoMexico looks to Europe after slapping tariffs on U.S. pork
Mexico will import more pork products from Europe after imposing a 20 percent tariff on U.S. pork legs and shoulders in retaliation to steel tariffs, Economy Minister Ildefonso Guajardo said on Tuesday. About 90 percent of Mexico's $1.07 billion (£800 million) annual imports of pork legs and shoulders come from U.S. suppliers and the country expects to import more from elsewhere to avoid pushing prices higher for the cuts used to make hams and other processed meats.
- PR Newswire•17 days ago
Hormel Foods Corporation Announces Webcast Of 2018 dbAccess Global Consumer Conference Tuesday, June 12, 2018
AUSTIN, Minn. , June, 1, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) announced today that Jim Snee , chairman of the board, president and chief executive officer, will present at the dbAccess ...
- PR Newswire•17 days ago
Hormel Foods Donates 37,000 Cases of Food Products for Global Disaster- and Hunger-Relief Efforts
AUSTIN, Minn. , June 1, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced it has donated over 37,000 cases (600,000+ cans) of shelf-stable food products to Convoy of Hope for disaster- ...
- PR Newswire•17 days ago
Dinty Moore® Beef Stew Ad Campaign Honored with a Golden Effie Award
AUSTIN, Minn., June 1, 2018 /PRNewswire/ -- The makers of Dinty Moore® Beef Stew were recognized with a Gold Effie Award for its "Lumberjacks Eat Moore" campaign at the 2018 North American Effie Awards Gala held in New York City last night. The campaign was also a contender for the Grand Effie award. "The campaign was all about connecting the rich brand heritage of Dinty Moore® Beef Stew and its lumberjack roots while celebrating its place as a 'working man's fuel' in pop-culture," said Sarah Johnson, brand manager, Grocery Products at Hormel Foods.
- Bloomberg•18 days ago
Precooked Bacon Pioneer Sues Hormel for Patent Infringement
David Howard knows Americans love bacon. This week, Howard, president of Dallas-based HIP Inc., sued Hormel in Delaware federal court, saying it infringed a patent for a hybrid bacon cooking system. The U.S. pork bacon market was $3.3 billion for the 52 weeks ended April 28, according to National Pork Board figures compiled by Nielsen Research.
- PR Newswire•19 days ago
VALLEY FRESH® Products Certified with American Heart Association® Heart-Check Mark
AUSTIN, Minn., May 30, 2018 /PRNewswire/ -- Hormel Foods (HRL) announced today that the American Heart Association has certified two of the company's VALLEY FRESH® chicken breast products with the Heart-Check mark to make it easier for consumers to identify heart-healthy foods. The Heart-Check Food Certification Program is designed to help consumers make informed choices about the food they purchase. The easy to identify mark means the food has been certified to meet Heart-Check nutrition requirements that limit saturated fat, trans fat, sodium and added sugars, and promote consumption of beneficial nutrients.
- InvestorPlace•20 days ago
Spam Recall: Hormel Canned Meat May Contain Metal Fragments
There have been four cases of customers complaining about pieces of metal being found in the food. According to the U.S. Department of Agriculture (USDA), there have been some reports of customers suffering from small oral injuries after attempting to eat the canned food in the Spam recall.
Yahoo Finance•20 days agoStarbucks dips, Hormel up slightly, Apple sinks
Starbucks, Hormel and Apple are the Yahoo Finance charts of the day.
- Zacks•20 days ago
Hormel Foods' (HRL) Portfolio Solid, Turkey Trade a Woe
Hormel Foods (HRL) poised to grow on higher sales of major brands, lower corporate taxes and latest acquisitions amid turkey market challenges.
Market Realist•20 days agoAnalysts Play It Safe with a ‘Hold’ Consensus on HRL
Most analysts who are providing recommendations on Hormel Foods (HRL) have maintained “hold” ratings on the stock. As of May 24, of the 12 analysts covering the stock, 58% have recommended “holds,” 42% have recommended “buys,” and none have recommended “sells” on the stock. Since Hormel’s fiscal Q2 2018 results announcement on May 24, there has been just one target price change.
- Market Realist•20 days ago
How Do Hormel Foods’ Second-Quarter EPS Numbers Stack Up?
Hormel Foods (HRL) reported adjusted EPS of $0.44, which fell short of estimates of $0.45, in fiscal Q2 2018. Hormel Foods’ second-quarter gross margin was 21.3%, a contraction of 100 basis points from the previous quarter. Increases in the cost of goods proved a drag on the company’s gross margin.
Market Realist•20 days agoA Detailed Look at Hormel Foods’ Fiscal Q2 2018 Sales Numbers
Hormel Foods (HRL) reported its fiscal Q2 2018 results on May 24. The company’s acquisitions of Columbus Craft Meats, Fontanini, and Ceratti along with the strong performances of its brands, including Hormel Natural Choice, and Hormel Bacon 1, boosted its top line. Segment wise, the company’s Refrigerated segment sales were up 13.6% driven by higher sales of Hormel pepperoni, Hormel Natural Choice products, and Hormel Bacon 1. The company’s acquisitions of Columbus and Fontanini also added to its top line.
- American City Business Journals•20 days ago
Hormel issues recall after metal reported in products
More than 228,000 pounds of Hormel brand canned meats, including some Spam varieties, are subject to recall after four consumers said that they found pieces of metal in the food, the U.S. Department of Agriculture announced. The USDA said the fragments caused "minor oral injuries" but that they had not received reports of any additional injury or illness from people eating the products. The USDA's Food Safety and Inspection Service says the affected products were produced in February at the company's plant in Fremont, Nebraska. Click here for a list of production codes stamped on the affected products. Consumers are directed to discard the products or return them to the place of purchase for a refund. Austin, Minnesota-based Hormel (NYSE: HRL), which also makes Skippy peanut butter, posted second-quarter sales and earnings that set a new high but were lower than analysts’ targets. Profits rose about 13 percent to $237.4 million, or 44 cents per share, from $210.9 million, or 39 cents a share in the same period a year ago.
- Thomson Reuters StreetEvents•22 days ago
Edited Transcript of HRL earnings conference call or presentation 24-May-18 1:00pm GMT
Q2 2018 Hormel Foods Corp Earnings Call
- Associated Press•22 days ago
Oral injuries lead to recall of Spam, other Hormel product
AUSTIN, Minn. (AP) — The U.S. Department of Agriculture is recalling more than 228,000 pounds of Spam and another product made by Minnesota-based Hormel after four consumers complained about metal objects in the food.
