hormel foods news - Search News

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.

Barron's on MSN · 13h

Hormel Stock Drops on Tepid Outlook and Weak Sales

Quarterly sales fell a touch short of expectations, while the midpoints of management’s forecast ranges for sales and EPS for the current fiscal year were lower than anticipated.

Minneapolis Star Tribune on MSN · 3h

Hormel’s sales dropped, but the maker of Spam still managed to increase profits 13%

Hormel Foods notched an early victory one year into the company’s three-year transformation plan, overcoming sales declines with a 13% profit boost to end 2024. “Year one of ‘Transform and Modernize’ was a success,

MarketWatch on MSN · 15h

Hormel’s stock slumps after sales fall short of estimates

Hormel Foods Corp.’s stock fell 3.6% early Wednesday, after the parent of brands including Jennie-O and Spam posted weaker-than-expected sales for its fiscal fourth quarter. Austin, Minn.-based Hormel had net income of $220.

Hormel Foods: Bears Strike Yet Another Blow

Hormel reported Q4-2024 results, and the stock moved lower by 3% in the pre-market trading. Click here to read my analysis of ...

4hon MSN

Hormel Foods Corp. stock rises Wednesday, still underperforms market

Shares of Hormel Foods Corp. HRL inched 0.53% higher to $31.99 Wednesday, on what proved to be an all-around positive trading ...

3hon MSN

Hormel profits up 13% despite sales decline

The Minnesota company is in the middle of a plan to “transform and modernize” the company, cutting costs and investing in the ...

thepoultrysite40m

Hormel Foods forecasts annual sales, profits below estimates

The company expects fiscal year 2025 sales between $11.9 billion and $12.2 billion, compared with analysts' expectation of 12 ...

55mon MSN

Chi-Chi’s restaurant to return 20 years after closing

The Chi-Chi’s brand was established in the 1970s by Marno McDermott and Max McGee, a former Green Bay Packers player. The ...

40m

Chi-Chi’s Mexican restaurants to return after closing 20 years ago

ST. LOUIS PARK, Minn. (Gray News) - A Mexican restaurant chain that closed two decades ago is making a comeback. Chi-Chi’s ...

27m

A Mexican restaurant chain that once boasted 200 locations across America will soon reopen 20 years after bankruptcy.

Hormel Foods Misses Q4 Sales Expectations, Turkey Woes Gobble Up Growth Prospects

Hormel Foods Corporation (NYSE:HRL) shares are trading lower on Wednesday. The company reported that fourth-quarter adjusted ...

Hormel Foods (HRL) To Report Earnings Tomorrow: Here Is What To Expect

Packaged foods company Hormel (NYSE:HRL) will be reporting results tomorrow before the bell. Here’s what investors should ...

Hormel Foods Corporation (HRL) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Conference Call December 4, 2024 9:00 AM ETCompany ParticipantsJess Blomberg - Director of IRJim Snee ...

Zacks.com on MSN14h

Hormel Foods (HRL) Lags Q4 Earnings and Revenue Estimates

Hormel (HRL) delivered earnings and revenue surprises of -2.33% and 0.05%, respectively, for the quarter ended October 2024. Do the numbers hold clues to what lies ahead for the stock?

MT Newswires on MSN11h

Hormel Foods Eyes 'Quality Earnings Growth' Following Mixed Fourth Quarter

Hormel Foods' (HRL) fourth-quarter earnings remained flat on an annual basis as sales decreased, while the food maker said its planning to deliver "quality earnings growth" in the ongoing fiscal year.

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