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Hormel Foods (HRL) News and press releases

Company Profile

News

From Benzinga Pro

Stocks That Hit 52-Week Lows On Friday

Friday saw 23 companies set new 52-week lows.

Argus Research Maintains Buy Rating for Hormel Foods: Here's What You Need To Know

Analyst Ratings

Ardelyx To Rally 160%? Here Are 10 Other Price Target Changes For Friday

News, Penny Stocks, Price Target, Small Cap, Markets, Analyst Ratings, Trading Ideas

Citigroup raised Ardelyx, Inc. (NASDAQ: ARDX) price target from $6 to $7. Citigroup analyst Yigal Nochomovitz maintained a Buy rating on the stock. Ardelyx shares rose 9.4% to $2.7685 on Friday.

Argus Research Maintains Buy on Hormel Foods, Raises Price Target to $54

News, Price Target, Analyst Ratings

Argus Research analyst Taylor Conrad maintains Hormel Foods (NYSE:HRL) with a Buy and raises the price target from $53 to $54.

Hormel Foods: Debt Overview

News, Intraday Update, Markets

Over the past three months, shares of Hormel Foods Inc. (NYSE:HRL) fell by 2.99%. When understanding a companies price change over a time period like 3 months, it could be helpful to look at its financials.

Hormel Foods Acquires 29% Stake In Indonesia's Garudafood

M&A, News, General

Reported Late Thursday, Hormel Foods Announces Minority Investment In Garudafood; Hormel Foods Purchased ~29% Of The Shares Of Garudafood From CVC And Other Shareholders, Transaction Closed During Indonesia Stock Exchange Trading Hours On Dec. 15, 2022

M&A, News, Contracts, Global

Investment supports the company's strategy to aggressively develop its global presence AUSTIN, Minn., Dec. 15, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded

JP Morgan Maintains Neutral Rating for Hormel Foods: Here's What You Need To Know

Analyst Ratings

JP Morgan Maintains Neutral on Hormel Foods, Lowers Price Target to $47

News, Price Target, Analyst Ratings

JP Morgan analyst Thomas Palmer maintains Hormel Foods (NYSE:HRL) with a Neutral and lowers the price target from $48 to $47.

Hormel Foods Stock Drops On Q4 Top-Line Miss, Downbeat FY23 Forecast

Earnings, News, Guidance, Movers, Trading Ideas, General

Hormel Foods Q4 EPS $0.51 Beats $0.50 Estimate, Sales $3.30B Miss $3.38B Estimate

Hormel Foods (NYSE:HRL) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.50 by 2 percent. This is unchanged from the same period last year. The company reported quarterly

Investor Optimism Improves Despite Nasdaq Settling Lower

Earnings, Long Ideas, News, Pre-Market Outlook, Markets, Trading Ideas

The CNN Money Fear and Greed index showed an improvement in sentiment among investors followings signs that China’s government may begin to ease its strict COVID-19 restrictions amid protests in the country. The S&P 500 and Nasdaq Composite settled lower for a third session in a row on Tuesday after recording sharp losses in the previous session.

Hormel Foods, Salesforce And 3 Stocks To Watch Heading Into Wednesday

Earnings, News, Pre-Market Outlook, Markets, Trading Ideas

With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:

Earnings Scheduled For November 30, 2022

Companies Reporting Before The Bell • Seadrill (NYSE:SDRL) is expected to report earnings for its third quarter. • Build-A-Bear Workshop (NYSE:BBW) is likely to report earnings for its third quarter.

Earnings Outlook For Hormel Foods

Press releases

From Benzinga Pro

Hormel Foods Announces Advancement of Henry Hsia to Vice President of Retail Marketing - Snacking and Entertaining

AUSTIN, Minn., Feb. 3, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced the advancement of Henry Hsia to vice president of Retail marketing – Snacking and

Hormel Foods Named to Fortune's World's Most Admired Companies List

AUSTIN, Minn., Feb. 1, 2023 /PRNewswire/ -- Hormel Foods Corporation, (NYSE:HRL), a Fortune 500 global branded food company, has been named one of the World's Most Admired Companies, by Fortune magazine.

EVERYBODY'S FAVORITE DIP IS NOW YOUR FAVORITE SIP WITH HORMEL® CHILI CHEESE BREW

The Makers of HORMEL® Chili and Modist Brewing Co. Collaborate on Limited Edition Beer for the Big Game AUSTIN, Minn., Jan. 24, 2023 /PRNewswire/ -- The makers of HORMEL® chili today launched the first-ever

THE MAKERS OF THE SPAM® BRAND UNVEIL LIMITED-EDITION 'SPAM® BRAND x NOM LIFE COLLECTION' WITH FOOD AND TRAVEL CREATORS OF NOM LIFE

Proceeds from the limited-edition swag will be donated to charity Bring on 2023 with a cozy and nostalgic merch collection that brings fashion and food to life AUSTIN, Minn., Jan. 18, 2023 /PRNewswire/ -- Today, the

Hormel Foods To Hold Virtual Annual Meeting of Stockholders

AUSTIN, Minn., Jan. 11, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a global branded food company, announced it will hold its 2023 Annual Meeting of Stockholders virtually. The live webcast of the meeting

Do You Have What It Takes to Be a PLANTERS® Brand Peanutter?

The iconic nut brand is now accepting applications from recent college graduates for a once-in-a-lifetime job opportunity driving MR. PEANUT® across the country in the iconic NUTmobile AUSTIN, Minn., Jan. 10, 2023

Hormel Foods Again Named Category Captain by Progressive Grocer

Innovation, teamwork and strategy helped the company lift retail store sales in 2022 AUSTIN, Minn., Dec. 19, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE:HRL), a Fortune 500 global branded food company, announced

HORMEL FOODS ANNOUNCES MINORITY INVESTMENT IN GARUDAFOOD

Investment supports the company's strategy to aggressively develop its global presence AUSTIN, Minn., Dec. 15, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company,

Hormel Foods Again Named to Annual Drucker Institute Management Top 250 List of America's Best-Run Companies

AUSTIN, Minn., Dec. 14, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE:HRL), a Fortune 500 global branded food company, has been named one of America's Best Run Companies, ranked No. 160 on the 2022 Management

HORMEL FOODS REPORTS RECORD SALES AND DOUBLE-DIGIT EARNINGS GROWTH IN FISCAL 2022; EXPECTS CONTINUED SALES AND EARNINGS GROWTH IN FISCAL 2023

Earnings, Press Releases

AUSTIN, Minn., Nov. 30, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 leading global branded food company, today reported results for the fourth quarter of fiscal 2022. The fourth quarter and

Hormel Foods Annual Profit Sharing Continues

84th Consecutive Year of Program for Team Members AUSTIN, Minn., Nov. 23, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a global branded food company, today distributed its annual profit sharing to eligible

Hormel Foods Corporation Announces 57th Consecutive Increase to the Annual Dividend

Dividends, Press Releases

AUSTIN, Minn., Nov. 21, 2022 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced a 6 percent increase to the annual dividend to

APPLEGATE FARMS, LLC AND JUSTIN'S, LLC JOIN FORCES WITH CONSCIOUS ALLIANCE TO STOP HUNGER IN ITS TRACKS

Companies Donate $30,000 to Help Fewer Families Go Hungry This Holiday Season BRIDGEWATER, N.J. & BOULDER, Colo., Nov. 21, 2022 /PRNewswire/ -- Applegate, maker of the nation's leading natural and organic meat,

JENNIE-O TURKEY STORE AND CELEBRITY CHEF CARLA HALL HONOR LOS ANGELES SCHOOL CAFETERIA STAFF THROUGH NATIONAL PARTNERSHIP, "SCHOOL CAFETERIA TAKEOVERS"

Entertainment, Press Releases, General

JENNIE-O® team members and Carla Hall visit Panorama High School today WILLMAR, Minn., Nov. 17, 2022 /PRNewswire/ -- The makers of the Jennie-O® turkey brand – category leader and trusted brand for turkey

THE MAKERS OF THE SPAM® Brand celebrate the 2022 Holiday Season with Limited Edition SPAM® Figgy Pudding

Now bring us some Figgy What?! Makers of the SPAM® Brand offer a simplified way to enjoy this classic holiday favorite AUSTIN, Minn., Nov. 15, 2022 /PRNewswire/ -- Today, the makers of the SPAM® Brand bring

Hormel Foods Announces 2022 Hormel Heroes Scholarship Recipients

Scholarships support students with military backgrounds pursuing careers in culinary arts or a foodservice management program AUSTIN, Minn., Nov. 11, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune

Hormel Foods CEO Jim Snee Receives Responsible CEO of the Year Honor

Snee Honored For Transformational Leadership Award highlights the company's work in equity in education and food security AUSTIN, Minn., Nov. 8, 2022 /PRNewswire/ -- Hormel Foods Corporation, (NYSE:HRL), a Fortune