News
HRL
35.17
-0.71%
-0.25
McCormick & Company: Offers Consistency In Volatile Markets But Overvalued
McCormick & Company is a global spice manufacturer with operations in multiple global markets. The company has increased their dividend payouts for 37 years in a row. The stock trades near all-time highs and has a dividend yield of only 2.2%. MKC offers stability in volatile markets but is overvalued.
Seeking Alpha · 15h ago
SPY ETF Update, 5/3/2024  
SPY is a Moderate Buy. The Street’s average price target of $580.53 implies an upside of more than 15%. The S&P 500 is down 1.01% in the past 5 days but has risen about 25% over the past year. SPY's five holdings have the highest upside potential.
TipRanks · 23h ago
Hormel Foods Initiates Voluntary Recall on Some Planters Products
Two Planters products may have been contaminated with listeria. The recall impacts two retailers, Publix and Dollar Tree, in five states. There have been no reports of illness connected to the recall. Hormel Foods makes Spam and Skippy peanut butter.
Dow Jones · 1d ago
Voluntary Class 1 Recall Announced for Limited Number of PLANTERS® 4 oz. Honey Roasted Peanuts and 8.75 oz. PLANTERS® Deluxe Lightly Salted Mixed Nuts Distributed to Two Retail Locations in Five States
No reports of consumer illnesses and no other PLANTERS® products are involved in this voluntary recall. This recall only impacts two retailers in five states. The products have the potential to be contaminated with Listeria monocytogenes. The recalled products were produced at one of Hormel Foods' facilities in April. There have been no reports of illness related to this recall.
PR Newswire · 1d ago
Tyson Foods: Staying The Course As Earnings Near
Tyson Foods is a behemoth in the food industry, with revenue of $52.88 billion in 2023. Analysts are slightly bullish on the company, expecting a slight uptick in revenue for the second quarter of 2024. While there are concerns about weak volume and potential demand declines, analysts expect growth in earnings per share for Tyson Foods.
Seeking Alpha · 1d ago
Hormel Foods Corporation to Hold Second Quarter Earnings Conference Call
Hormel Foods Corporation invites interested parties to participate in a webcast and conference call to discuss the Company's second quarter financial results. The Company will issue its earnings release before the markets open on May 30, 2024. Hormel is a Fortune 500 global branded food company with over $12 billion in annual revenue.
PR Newswire · 2d ago
PLANTERS® Brand Adds a Tangy Twist to its Flavored Cashews Portfolio: Salt & Vinegar
The PLANTERS® brand is the No. 1 selling snack nuts brand. The all-new salt & vinegar flavored cashews are designed to deliver a burst of tangy flavor. The new cashews come in a convenient, 5-ounce resealable bag and are available now at Amazon and Walmart.
PR Newswire · 2d ago
Loaded Taco Joins the Bold Flavor Lineup of the CORN NUTS® Brand
Available at retailers and convenience stores nationwide, the makers of the CORN NUTS® brand now offering Loaded Taco Flavor corn kernels. The corn kernels provide a bold yet familiar flavor with notes of garlic, onion, tomato, paprika and lime. Available now at grocery retailers and convenient stores nationwide.
PR Newswire · 3d ago
Wall Street Breakfast Podcast: NBC Pitches $2.5B A Year For NBA TV Rights
NBC Pitches paying $2.5B a year for NBA TV rights to edge out Warner Bros' TNT. The largest U.S. Wireless carriers have been fined nearly $200 million for illegally sharing customers' location data. USDA now inspecting ground beef for avian flu following an outbreak in cows - report.
Seeking Alpha · 3d ago
Hormel Foods: A Wait And See Approach For This Dividend King
Hormel Foods Corporation (HRL) has raised its dividend for 58 consecutive years. The company has seen a decline in profitability over the past decade. Hormel's expenses have been rising faster than revenue. The current valuation of the company doesn't offer much upside for investors.
Seeking Alpha · 3d ago
USDA now inspecting ground beef due to avian flu outbreak in cows - report
Consumer USDA now inspecting ground beef due to avian flu outbreak in cows - report. The USDA has begun to inspect ground beef in states where the virus was found in dairy cows. The samples are being collected in stores in nine states. The agency is obtaining beef muscle samples at slaughterhouses where cattle have been condemned.
Seeking Alpha · 4d ago
My Best Dividend Aristocrats For May 2024
The ProShares S&P 500 Dividend Aristocrats ETF performed well in March. The dividend aristocrat index has underperformed the s&p 500 index for 7 out of the last 9 years. I present 3 strategies that can theoretically beat the dividend aristocrats index in the long term.
Seeking Alpha · 4d ago
Weekly Report: what happened at HRL last week (0422-0426)?
Weekly Report · 4d ago
SPY ETF Update, 4/29/2024  
TipRanks · 4d ago
2 Magnificent Dividend Stocks That I'm "Never" Selling
NASDAQ · 6d ago
2 Magnificent Dividend Stocks That I'm "Never" Selling
Procter & Gamble has increased its dividend annually for 68 years in a row. Hormel Foods is a Dividend King with 58 years of annual increases behind it. The food maker is down and out, but it's not too late to buy P&G on the cheap.
The Motley Fool · 6d ago
June 7th Options Now Available For Hormel Foods Corp. (HRL)
NASDAQ · 04/26 15:50
The spread of avian flu to cattle could have implications for some stocks
The spread of avian flu to cattle could have implications for some stocks. The H5N1 strain has sickened several mammals in the U.S. A broad list of stocks could be impacted by an outbreak of bird flu. Only one human case of H5n1 has been confirmed.
Seeking Alpha · 04/26 11:16
Makers of the HORMEL® NATURAL CHOICE® Brand Reintroduce Chicken and Roast Beef Varieties to Portfolio of Delicious Deli Products
HORMEL® NATURAL CHOICE® Rotisserie Seasoned Deli Chicken Breast and Deli Roast Beef are both free of additives and preservatives. Deli roast beef and chicken breast are 100% natural* and completely delicious deli meat. These varieties join a wide-ranging portfolio of 100 per cent natural* deli products.
PR Newswire · 04/25 12:00
SPY ETF Update, 4/25/2024  
TipRanks · 04/25 09:35
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About HRL
Hormel Foods Corporation is a global manufacturer and marketer of branded food products. The Company develops, processes, and distributes a range of food products in a variety of markets. The Company operates through three segments: Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment is primarily engaged in the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment processes, markets, and sells its products internationally. Its products include Hormel Black Label bacon, Columbus charcuterie, Hormel chili, Hormel pepperoni, Applegate breaded chicken, Herdez products, Hormel Square Table entrees, Cafe H sliced meats, Austin Blues sliced meats and Mary Kitchen hash.