The Hormel Foods CEO announced last month that he’ll retire at the end of October, remaining on as an adviser into 2027. Investors, to whom Snee has promised a major multiyear turnaround ...
Jim Snee says giving consideration to internal and external candidates is “absolutely the right thing to do,” but adds that the company already employs many strong leaders.
BofA lowered the firm’s price target on Hormel Foods (HRL) to $29 from $30 and keeps an Underperform rating on the shares. Continued pressures
Hormel Foods misses quarterly profit estimates on higher input costs Skippy peanut butter maker Hormel Foods on Thursday missed first-quarter profit estimates, hurt by higher input costs and the ...
Packaged foods company Hormel (NYSE:HRL) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales were flat year on year at $2.99 billion. The company expects the full year ...
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Hormel Foods (HRL) Reports Earnings Tomorrow: What To ExpectPackaged foods company Hormel (NYSE:HRL) will be reporting earnings tomorrow before the bell. Here’s what to look for. Hormel Foods met analysts’ revenue expectations last quarter, reporting revenues of $3.
Hormel Foods Corp. (HRL) on Thursday reported fiscal first-quarter earnings of $170.6 million. The Austin, Minnesota-based company said it had profit of
Hormel Foods Corp.’s stock rose 1.4% early Thursday, after the parent of brands including Jennie-O and Spam reported better-than-expected fiscal first-quarter revenue, which offset a profit miss.
Shares of Hormel Foods Corp. HRL slid 1.42% to $29.23 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA rising 0.08% ...
Reports Q1 revenue $2.99B, consensus $2.95B. “We achieved solid top-line results and are on-track to deliver on our 2025 expectations,” said
Outlook: Hormel Foods reiterated FY25 revenue outlook between $11.9 billion and $12.2 billion, compared with the $12.08 billion estimate. The company expects adjusted EPS to range from $1.58 to $1.72, compared to the $1.64 estimate.
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