Hormel's management has historically made optimistic projections that haven't come to fruition. Find out why I'm bearish on ...
Sales rose at brands including Hormel Black Label bacon, Applegate meats, Jennie-O ground turkey, and SPAM. In the foodservice segment, volume rose 2%, sales were up 1% and segment profit was down 8%.
Weighed down by lingering supply disruptions within its Planters division and lackluster demand in its turkey business, Hormel Foods (NYSE:HRL) reported a mixed fiscal first quarter that saw sales and ...
Hormel Foods Corp.’s stock rose 1.4% early Thursday, after the parent of brands including Jennie-O and Spam reported better-than-expected fiscal first-quarter revenue, which offset a profit miss ...
As consumers who use GLP-1 drugs seek lean, protein-rich foods, the demand for ground turkey has been increasing.
Hormel Foods, which sells snacking and packaged meat products, has also taken a hit due to lower whole turkey prices and increased advertising expenses. The company has been struggling to boost ...
Our tasters tried 18 packaged turkey slices, and although none would beat meat sliced off the bone, some are worthy ... Applegate Naturals and the two from Hormel—claim "no nitrates or nitrites ...
the first quarter was pressured as we continued to recover from the snack nuts supply disruption and lapped a full year of whole bird turkey market compression,” said Snee. Hormel Foods exited ...
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 ...
Hormel Foods, which sells snacking and packaged meat products, has also taken a hit due to lower whole turkey prices and increased advertising expenses. The company has been struggling to boost demand ...
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