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Last $61.37 USD
Change Today +0.92 / 1.52%
Volume 755.7K
HRL On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:00 PM 08/27/15 All times are local (Market data is delayed by at least 15 minutes).

hormel foods corp (HRL) Snapshot

Open
$60.84
Previous Close
$60.45
Day High
$61.51
Day Low
$60.30
52 Week High
08/20/15 - $64.13
52 Week Low
10/16/14 - $49.62
Market Cap
16.2B
Average Volume 10 Days
1.2M
EPS TTM
$2.58
Shares Outstanding
264.3M
EX-Date
07/16/15
P/E TM
23.7x
Dividend
$1.00
Dividend Yield
1.55%
Current Stock Chart for HORMEL FOODS CORP (HRL)

hormel foods corp (HRL) Details

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, wieners, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.

20,400 Employees
Last Reported Date: 12/17/14
Founded in 1891

hormel foods corp (HRL) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $466.7K
Executive Vice President and President of Hor...
Total Annual Compensation: $466.7K
Group Vice President and President of Jennie-...
Total Annual Compensation: $317.9K
Group Vice President of Refrigerated Foods
Total Annual Compensation: $315.4K
Compensation as of Fiscal Year 2014.

hormel foods corp (HRL) Key Developments

Hormel Foods Corporation Reports Earnings Results for the Third Quarter Ended July 26, 2015; Revises Earnings Guidance for the Full Year 2015

Hormel Foods Corporation reported earnings results for the third quarter ended July 26, 2015. For the quarter, earnings totaled $146.9 million or $0.54 per share compared to $138 million or $0.51 per share a year ago. Excluding the impact of Applegate-related transaction costs of $8.6 million, non-GAAP earnings were $0.56 per share. Total long-term debt at the end of the quarter was $250 million, unchanged from last year. Capital expenditures for the quarter totaled $41.8 million, up from $34.8 million last year. Adjusted net earnings of $152.5, or $0.56 per share, were up from $138.0 million, or $0.51 per share, a year earlier. Adjusted results excluded transaction costs for the company's acquisition of Applegate. Total revenues of $2.19 billion were down from $2.28 billion in third quarter 2014. For fiscal 2015, the company expects the effective tax rate to be between 34.5% and 35%. The company expects depreciation and amortization to be approximately $130 million in fiscal 2015. The company raised full year adjusted EPS guidance to $2.57 to $2.63 from a previous range of $2.50 to $2.60 per share, assumes this neutral impact on a full year basis for the Applegate acquisition. For fiscal 2015, the company expects capital expenditures to be approximately $155 million to $165 million.

Hormel Foods Corporation to Report Q3, 2015 Results on Aug 19, 2015

Hormel Foods Corporation announced that they will report Q3, 2015 results at 9:00 AM, Eastern Standard Time on Aug 19, 2015

Hormel Foods Corporation, Q3 2015 Earnings Call, Aug 19, 2015

Hormel Foods Corporation, Q3 2015 Earnings Call, Aug 19, 2015

 

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Industry Analysis

HRL

Industry Average

Valuation HRL Industry Range
Price/Earnings 24.4x
Price/Sales 1.7x
Price/Book 4.1x
Price/Cash Flow 23.8x
TEV/Sales 1.6x
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