INVESTOR CONTACT: Jess Blomberg ir@hormel.com MEDIA CONTACT: Media Relations media@hormel.com HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2024 RESULTS Delivers better-than-expected earnings and sees growing benefits from transform and modernize initiative AUSTIN, Minn. (Sep. 4, 2024) – Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the third quarter of fiscal 2024, ended July 28, 2024. All comparisons are to the comparable period of fiscal 2023, unl ...

Hormel Foods Corporation HRL is set to release earnings results for its third quarter, after the closing bell on Wednesday, Sept. 4. Some investors may be eyeing potential gains from the company's dividends too. As of now, Hormel Foods offers an annual dividend yield of 3.47%. That's a quarterly dividend amount of 28.25 cents per share ($1.13 a year). So, how can investors exploit its dividend yield to pocket a regular $500 monthly? To earn $500 per month or $6,000 annually from dividends alone, you would n ...

Starting on Sept. 16, fans can purchase this 'baconic' collaboration at select retailers nationwide AUSTIN, Minn., Sept. 3, 2024 /PRNewswire/ -- The makers of HORMEL® BLACK LABEL® Bacon are introducing the category's first-ever co-branded bacon in partnership with CINNAMON TOAST CRUNCH™ cereal, and the combination of sweet and salty never tasted better. The limited-edition product delivers a crisp, sugary crust with a delicious balance of cinnamon, sugar, salt and savory bacon taste. CINNADUST™ seasoning bl ...

Hormel Foods Corporation (HRL) is likely to register a top and bottom-line decline when it reports thirdquarter fiscal 2024 earnings on Sep. 4. The Zacks Consensus Estimate for revenues is pegged at $2.96 billion, which suggests a decrease of 0.3% from the prior-year quarter's reported figure. The consensus mark for quarterly earnings has remained unchanged in the past 30 days at 36 cents per share. This indicates a decline of 10% from the year-ago quarter's reported figure. HRL has a trailing four-quarter ...

The upcoming report from Hormel Foods (HRL) is expected to reveal quarterly earnings of $0.36 per share, indicating a decline of 10% compared to the year-ago period. Analysts forecast revenues of $2.96 billion, representing a decrease of 0.3% year over year. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Before a company reveals its earnings, it is v ...

ac_bnphotos/E+ via Getty Images Introduction Hormel Foods Corporation (NYSE:HRL), with deep roots in the field of fresh meat processing (the company has been in existence since 1891), has, in recent decades, been building a name for itself in the manufacturing and distribution of packaged, consumer food products across the globe. Besides its core competence in supplying branded foods to both the retail and food service segments, it has also developed ample credibility on Wall Street for its relentless fidel ...

The Peanut Pals' passion for the iconic MR. PEANUT® is simply unmatched AUSTIN, Minn., Aug. 7, 2024 /PRNewswire/ -- More than a century ago, a 14-year-old named Antonio Gentile entered a contest with a sketch, hoping to create a new PLANTERS® brand icon. A top hat, a monocle, and a cane were later added to that sketch of a smiling peanut, and thus, the iconic MR. PEANUT® was born. MR. PEANUT® has since become a globally recognized figure, appearing not only on PLANTERS® product packaging, but also on a wide ...

HORMEL® BLACK LABEL® bacon brand team to consumers: Think beyond breakfast AUSTIN, Minn., Aug. 1, 2024 /PRNewswire/ -- The makers of the HORMEL® BLACK LABEL® brand offer the widest selection of flavored bacon in the industry, and today, they are proud to announce the latest addition to their portfolio of tasty options. For a limited time, consumers are invited to indulge their bacon cravings with the all-new HORMEL® BLACK LABEL® Garlic Rosemary flavored bacon, available at retailers nationwide while supplie ...

Young changemakers from across the United States will soon travel to the company's global headquarters for a day of recognition and celebration AUSTIN, Minn., July 30, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, is proud to announce its third cohort of 10 Under 20 Food Heroes. Each of these remarkable young people, through their various charitable endeavors, has set out to make the world a better place by working to bring about a more transparent, se ...

Company Overview - WHOLLY® AVOCADO is recognized as America's No.1 refrigerated guacamole and avocado brand, known for its hand-scooped Hass avocado products [1][7] - The brand is part of MegaMex Foods, which is one of the fastest-growing Mexican food companies in the U.S., focusing on authentic ingredients and reimagining Mexican flavors [5][6] Product Offerings - WHOLLY® AVOCADO products are made with 100% Hass avocados, gluten-free, non-GMO, kosher, keto-friendly, and contain no preservatives [2][4] - The brand utilizes high-pressure technology (HPT) to extend shelf life while maintaining flavor and nutrients [4] Marketing and Promotions - To celebrate National Avocado Day on July 31, 2024, WHOLLY® AVOCADO is collaborating with Irv's Burgers to offer a limited-time WHOLLY® AVOCADO Bacon Burger and a free WHOLLY® Smashed Avocado Mini with any purchase [1] - A giveaway will be held where fans can win a year's supply of WHOLLY® products by participating on Instagram [1][2] Consumer Engagement - The brand encourages consumers to create their own food pairings at home using WHOLLY® Smashed Avocado Minis, providing recipe ideas such as Prosciutto and Avocado Pesto Sandwich Bites and Avocado Hummus [2]