Hormel Foods Corporation (HRL)
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.
Hormel Foods Gears Up for Q4 Earnings: What You Should Understand
HRL's Q4 results are likely to reflect adverse impacts from the production disruption at its Suffolk facility and increasing advertising costs.
A Few Years From Now, You'll Wish You Bought This Undervalued Stock
Hormel Foods (HRL 1.60%) is a Dividend King offering a historically high 3.6% dividend yield. It appears to be on the sale rack right now, and a few years from now, long-term dividend investors will probably wish they had bought it.
Insights Into Hormel (HRL) Q4: Wall Street Projections for Key Metrics
Besides Wall Street's top -and-bottom-line estimates for Hormel (HRL), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended October 2024.
Hormel Foods Boosts Shareholder Value With Dividend Increase
HRL's strategy of annually increasing dividends not only bolsters shareholder income but also reinforces investor confidence in the company.
If I Could Only Buy 3 Consumer Staples Stocks in the Last Half of 2024, I'd Pick These
If I Could Only Buy 3 Consumer Staples Stocks in the Last Half of 2024, I'd Pick These
