Hormel Foods(HRL)
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Hormel (HRL) Upgraded to Buy: Here's What You Should Know
ZACKS· 2026-02-27 18:02
Hormel Foods (HRL) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.The power o ...
Hormel: Hope Feels Canned Like The Ham
Seeking Alpha· 2026-02-27 14:31
Group 1 - The analysis is primarily based on company fundamentals, industry-specific data, and broader economic trends [1] - Company presentations are designed to present data in a favorable manner, adhering to SEC regulations, and typically do not advise selling [1] - There is collaboration with another author, indicating a shared approach to analysis [1] Group 2 - There are no disclosed stock or derivative positions in the companies mentioned, nor plans to initiate any within the next 72 hours [2] - The article reflects the author's own opinions and is not influenced by compensation from external sources [2] - There is no business relationship with any of the companies mentioned, ensuring an unbiased perspective [2]
Hormel Sees Limited Earnings Impact From Turkey Business Sale
Financial Modeling Prep· 2026-02-26 22:38
Core Viewpoint - Hormel is divesting its whole-bird turkey business, which is expected to reduce annual net sales by approximately $50 million, with minimal impact on net income [1] Group 1: Divestiture Details - The divestiture involves the sale of Hormel's whole-bird turkey business to Life-Science Innovations, with financial terms undisclosed [1] - The transaction is anticipated to close in the second quarter of Hormel's current fiscal year [1] - The divestiture aligns with Hormel's strategy to focus on protein offerings, while the Jennie-O ground turkey brand remains a strategic component of the portfolio [3] Group 2: Financial Performance - Hormel's company-wide net sales rose 1.3% to $3.03 billion, slightly below Wall Street expectations of $3.07 billion [5] - Adjusted earnings per share were $0.35, unchanged from the previous year and above Bloomberg consensus estimates of $0.32 [5] Group 3: Market Challenges - Hormel has faced pressure from rising raw material and logistics costs, affecting profitability in its core retail segment [4] - A bird flu outbreak disrupted poultry supply chains last year, and U.S. tariffs on Brazil contributed to higher beef prices [4] - In response to these cost pressures, Hormel, along with competitor Tyson Foods, implemented price increases on select products [4]
Hormel Foods(HRL) - 2026 Q1 - Quarterly Report
2026-02-26 18:43
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 25, 2026 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______________ to _______________ Commission File Number: 1-2402 HORMEL FOODS CORPORATION (Exact name of registrant as specified in its charter) Delaware 41-0319970 ( ...
Crude Oil Gains Over 1%; Hormel Foods Posts Upbeat Earnings - Avalon Globocare (NASDAQ:ALBT), Array Technologies (NASDAQ:ARRY)
Benzinga· 2026-02-26 18:34
U.S. stocks traded lower midway through trading, with the S&P 500 falling over 1% on Thursday.The Dow traded down 0.31% to 49,329.99 while the NASDAQ dipped 1.90% to 22,711.05. The S&P 500 also fell, dropping, 1.06% to 6,872.77.Check This Out: How To Earn $500 A Month From Goldman Sachs Stock Ahead Of Q4 EarningsLeading and Lagging SectorsEnergy shares gained by 1% on Thursday.In trading on Thursday, information technology stocks fell by 2.6%.Top HeadlineHormel Foods Corp (NYSE:HRL) reported mixed first-qua ...
Hormel Mixed Q1: Retail Weakness Weigh On Strong Foodservice, International Sales
Benzinga· 2026-02-26 18:15
Hormel Foods Corp (NYSE:HRL) stock fell on Thursday after the company reported mixed first-quarter FY26 results.Earnings SnapshotThe company reported adjusted earnings per share of 34 cents, beating the analyst consensus estimate of 32 cents.However, sales of $3.03 billion missed the Street view of $3.07 billion.The company reported operating income of $244 million and adjusted operating income of $247 million, resulting in an operating margin of 8% and an adjusted operating margin of 8.2%.Cash flow from op ...
Hormel Foods Q1 Earnings Beat Estimates, Sales Increase Y/Y
ZACKS· 2026-02-26 16:36
Key Takeaways Q1 net sales rose 1.3% while adjusted EPS beat estimates despite a year-over-year decline.HRL's Retail sales dropped 2%, while Foodservice and International rose 7% and 8%, respectively.HRL reaffirmed fiscal 2026 sales of $12.2B-$12.5B and EPS guidance of $1.43-$1.51.Hormel Foods Corporation (HRL) reported first-quarter fiscal 2026 results, with the top line increasing year over year while missing the Zacks Consensus Estimate. The bottom line declined year over year but beat the consensus mark ...
Hormel Foods: A Mixed Start To FY2026 (NYSE:HRL)
Seeking Alpha· 2026-02-26 16:02
I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...
Hormel Foods: A Mixed Start To FY2026
Seeking Alpha· 2026-02-26 16:02
I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around identifying mispriced securities by understanding the drivers behind a company's financials, and ultimately, most often revealed by a DCF model valuation. This methodology doesn't limit an investor into rigid traditional value, dividend, or growth investing, but rather accounts for all of a ...
Hormel Foods(HRL) - 2026 Q1 - Earnings Call Transcript
2026-02-26 14:02
Hormel Foods (NYSE:HRL) Q1 2026 Earnings call February 26, 2026 08:00 AM ET Company ParticipantsFlorence Makope - VP, TreasurerJeffrey M. Ettinger - Interim CEOJohn Ghingo - PresidentPaul Kuehneman - Interim CFO and ControllerConference Call ParticipantsChris Downing - AnalystHeather Jones - AnalystLeah Jordan - AnalystPooran Sanoo - AnalystRupesh Parikh - AnalystRyan Hanley - AnalystThomas Palmer - AnalystOperatorGood morning, ladies and gentlemen, welcome to the Hormel Foods Corporation first quarter earn ...