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

Dec 4, 2024 · Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its …

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

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Dec 4, 2024 · Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its …

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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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Hormel Profits Up 13% Despite Sales Decline - Star Tribune

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Dec 4, 2024 · For the full fiscal year, Hormel had $11.9 billion in revenue, a 1.6% decline, and an $805 million profit, a 1.5% increase. The company expects sales to increase 1% to 3% and the …

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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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Meatingplace.com : Hormel Reports Net Sales Decline For Q4, Year

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Dec 4, 2024 · Hormel Foods saw net sales decline 1.9% for the fourth quarter and a decline of 1.6% for the year, according to the company’s earnings report released today. Despite missing …

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Hormel Foods Targets FY25 Sales Growth After 4Q Decline

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The packaged-food maker said it expects $11.9 billion to $12.2 billion in sales for the fiscal year that started Oct. 28, which would represent a 1% to 3% organic gain. Analysts surveyed by ...

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Hormel Foods Misses Q4 Sales Expectations, Turkey Woes

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Dec 4, 2024 · Zinger Key Points. Hormel Foods Q4 sales miss estimates, impacted by a decline in turkey market and production issues at the Virginia facility. Hormel expects $100M-$150M in …

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Hormel Foods Fiscal Q4 Earnings, Sales Fall; Issues Fiscal 2024 …

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Net sales for the quarter ended...-- Hormel Foods reported fiscal Q4 earnings Wednesday of $0.36 per diluted share, down from $0.51 a year earlier. Five analysts polled by Capital IQ …

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Hormel Foods Gears Up For Q4 Earnings: What You Should …

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Dec 2, 2024 · Hormel Foods’ top line is expected to decline year over year in the fiscal fourth quarter. The Zacks Consensus Estimate for quarterly revenues is pegged at $3.1 billion, which …

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Hormel Foods Stock Drops On Q4 Top-Line Miss, Downbeat FY23 …

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Nov 30, 2022 · Hormel Foods Corp (NYSE: HRL) reported a fourth-quarter FY22 sales decline of 5% year-on-year to $3.28 billion, missing the consensus of $3.38 billion. Net sales for …

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Hormel: CEO Jim Snee To Retire At End Of Fiscal 2025; No Change …

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1 day ago · Hormel's 35% decline is among the worst performers, so it will be key to see how Snee's successor may steer Hormel's strategy. We think the next CEO faces a couple of key …

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

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

Hormel Foods Corporation HRL reported its fourth-quarter fiscal 2024 results. Net sales matched the Zacks Consensus Estimate but declined on a year-over-year basis. While the company’s bottom line remained flat compared to the year-ago quarter’s level, it missed the consensus mark. ...

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 ...

What is Hormel Foods' fiscal 2025 outlook?

The company’s annual earnings per share (EPS) are forecasted to be between $1.51 and $1.65, and adjusted EPS is projected to range from $1.58 to $1.72. Hormel Foods' fiscal 2025 outlook includes anticipated impacts on net sales and earnings from lower whole-bird turkey commodity markets, particularly in the fiscal first quarter. ...

What are some of the brands Hormel sells?

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, Skippy®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. ...

Did Hormel Foods' adjusted earnings miss the Zacks consensus estimate?

Hormel Foods’ adjusted earnings of 42 cents per share missed the Zacks Consensus Estimate of 43 cents. Find the latest EPS estimates and surprises on Zacks Earnings Calendar. Net sales of $3,138.1 million declined from $3,198.1 million reported in the year-ago quarter. Volumes declined 4.1% in the reported quarter. ...

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." ...