Hormel Foods Reports Fourth Quarter And Full-Year Fiscal 2024 …

Dec 4, 2024 · Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported fourth quarter and full-year fiscal 2024 results. All comparisons are to …

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Hormel Foods Corporation Reports Slight Miss In Q4 FY’24

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Dec 4, 2024 · Hormel Reports Slight Miss for the Fourth Quarter of Fiscal Year 2024. Analysts had anticipated an EPS of $0.4267 and revenue of $3.15 billion. The reported EPS of $0.40 …

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Hormel Foods (NYSE:HRL) Q4 2024 Earnings Report On 12/4/2024

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Hormel Foods Q4 2024 Earnings Report $30.68-0.68 (-2. 17%) As of 03:58 PM Eastern ... Hormel Foods Revenue Results. Actual Revenue $3.14 billion. Expected Revenue $3.14 billion. …

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Hormel Foods Reports Decline In Q4 And Annual Sales, Anticipates …

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Dec 4, 2024 · Hormel Foods has announced a 1.9% decrease in net sales for the fourth quarter of fiscal 2024 and a 1.6% decline for the full year. Despite these challenges, the company …

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HRL's Q4 Earnings Miss, Sales Decline On Weak Retail Business

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Dec 4, 2024 · Hormel Foods' fourth-quarter fiscal 2024 results reflect a year-over-year decline in net sales and flat earnings. Volumes fall 4.1%. ... Hormel Foods Corporation HRL reported its …

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HRL's Q4 Earnings Miss, Sales Decline On Weak Retail Business

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Dec 4, 2024 · Hormel Foods' fourth-quarter fiscal 2024 results reflect a year-over-year decline in net sales and flat earnings. Volumes fall 4.1%. HRL's Q4 Earnings Miss, Sales Decline on …

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Strategy, Resilience Key To Hormel’s Q4, Fiscal 2024 Results

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Dec 5, 2024 · The annual dividend on the common stock of the corporation was raised to $1.16 per share from $1.13 per share. The Feb. 18, 2025 payment will be the 386th consecutive …

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Hormel Foods Corporation Reports Slight Miss In Q4 FY’24

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Hormel Foods Corporation Reports Slight Miss in Q4 FY’24 04/12 19:52 In the fourth quarter of fiscal 2024, Hormel Foods Corporation reported net sales of $3.1 billion, with an operating …

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Hormel Foods Corporation Reports Slight Miss In Q4 FY’24

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Dec 4, 2024 · Hormel Foods Corporation Reports Slight Miss in Q4 FY’24 04/12 19:52 In the fourth quarter of fiscal 2024, Hormel Foods Corporation reported net sales of $3.1 billion, with …

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HORMEL FOODS REPORTS FOURTH QUARTER AND FULL-YEAR …

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Dec 4, 2024 · Strength in Value-Added Portfolio and $75 million in Operating Income Benefit from Transform and Modernize Initiative Results in Record Operating Cash Flow. AUSTIN, Minn., …

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FAQs about Hormel Foods Reports Fourth Quarter And Full-Year Fiscal 2024 … Coupon?

Is Hormel Foods a Fortune 500 company?

AUSTIN, Minn., Dec. 4, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported fourth quarter and full-year fiscal 2024 results. All comparisons are to the fourth quarter of fiscal 2023 unless otherwise noted. EXECUTIVE SUMMARY – FISCAL 2024 EXECUTIVE SUMMARY – FOURTH QUARTER ...

How did Hormel Foods (HRL) perform in fiscal 2024?

Hormel Foods Corp (NYSE:HRL) delivered solid results in fiscal 2024, meeting adjusted diluted net earnings per share expectations. The company achieved a record year of operating cash flow, delivering $1.3 billion, and returned a record amount of cash to shareholders through dividends. ...

How much will Hormel Foods make in fy25?

Outlook: Hormel Foods has projected net sales for FY25 to range between $11.9 billion and $12.2 billion, compared to the $12.23 billion estimate. The company also expects adjusted diluted earnings per share to be between $1.58 and $1.72, compared to the $1.68 estimate. ...

What happened to Hormel Health Labs?

In the third quarter of fiscal 2023, the Company received an unexpected, unfavorable arbitration ruling involving an isolated commercial dispute with a third party. In the fourth quarter of fiscal 2024, the Company sold the Hormel Health Labs business, resulting in a gain on the sale. ...

How much money did Hormel Foods make at fiscal year-end?

Inventories at fiscal year-end were $1.6 billion, a decrease of $104 million from the beginning of the year. Total long-term debt, including current maturities, was $2.9 billion at fiscal year-end. A conference call will be webcast at 8 a.m. CT on Dec. 4, 2024. Access is available at www.hormelfoods.com by clicking on "Investors." ...

What impact did Hormel Health Labs' sale have on organic net sales?

Organic net sales excludes the impact of the sale of the Hormel Health Labs business in the Foodservice segment in fiscal 2024. In the fourth quarter of fiscal 2023, the Company incurred impairment charges associated with the Justin's® trade name and a corporate venturing investment. ...