3 Dividend Stocks to Double Up on Right Now
Dividends are one of the best sources of passive income you can receive. The good news is that numerous stocks not only pay quarterly dividends but have also steadily increased their payouts over time.
Hormel CEO Snee to Retire Later This Year
Hormel Foods (HRL) CEO James Snee plans to retire at the end of fiscal 2025, the company said Tuesday.
Hormel Foods' long-time CEO James Snee to retire
Hormel Foods said on Tuesday its CEO, James Snee, is set to retire at the end of 2025, after leading the company for nearly nine years.
Got $1,000? 3 Dividend Stocks to Buy Now While They're on Sale
The market is still near all-time highs, but that doesn't mean you can't find some stocks that investors have been placed on the sale rack. High-yielding Vici Properties (VICI -1.44%) is down nearly 15% from its 52-week high, as are Dividend Kings Coca-Cola (KO 1.43%) and Hormel Foods (HRL 1.00%).
This High-Yield Stock Is My Worst-Performing Investment and I Still Love It
When I look at my brokerage account, there is one stock that stands out as particularly disappointing performance-wise: Hormel Foods (HRL -1.25%). And yet, I haven't once thought of jettisoning it from my portfolio.
Hormel: Q4 Earnings Confirm It's Better To Own The Retailer Than The Brand (Downgrade)
HRL's Q4 earnings report shows weak revenue growth and declining sales in key segments, leading to a downgrade to a sell rating. Despite being a dividend king, Hormel Foods Corporation's high payout ratio and modest growth outlook make it less attractive compared to retailers like TGT. Retailers offer better resilience and broader segment exposure, outperforming HRL in price returns and dividend growth.
Hormel Foods: Bears Strike Yet Another Blow
Hormel reported Q4-2024 results, and the stock moved lower by 3% in the pre-market trading. While the numbers were ok, the guidance for 2025 once again fell short of where the Street was. Over the last two years, the stock has declined about in line with the drop in earnings estimates.
Hormel Foods Corporation (HRL) Q4 2024 Earnings Call Transcript
Hormel Foods Corporation (NYSE:HRL ) Q4 2024 Earnings Conference Call December 4, 2024 9:00 AM ET Company Participants Jess Blomberg - Director of IR Jim Snee - Chairman, President and CEO Jacinth Smiley - EVP and CFO John Ghingo - EVP, Retail Segment Nathan Annis - VP, Corporate Development Conference Call Participants Rupesh Parikh - Oppenheimer Ken Goldman - JPMorgan Thomas Palmer - Citi Heather Jones - Heather Jones Research Max Gumport - BNP Paribas Peter Galbo - Bank of America Michael Lavery - Piper Sandler Pooran Sharma - Stephens, Inc. Rahi Parikh - Barclays Operator Good morning, ladies and gentlemen, and welcome to the Hormel Foods Corporation Fourth Quarter Earnings Conference Call. [Operator Instructions] This call is being recorded on Wednesday, December 4, 2024.
HRL's Q4 Earnings Miss, Sales Decline on Weak Retail Business
Hormel Foods' fourth-quarter fiscal 2024 results reflect a year-over-year decline in net sales and flat earnings. Volumes fall 4.1%.
Hormel (HRL) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Hormel (HRL) give insight into how the company performed in the quarter ended October 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Hormel Foods (HRL) Lags Q4 Earnings and Revenue Estimates
Hormel Foods (HRL) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.42 per share a year ago.
Hormel's stock slumps as sales are still being hurt by weak turkey prices
Hormel was impacted by lower prices for whole-bird turkeys this year, as well as a production interruption at a Planters facility in Virginia.
