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Hormel, Spam
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.
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 business.
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 12.23 billion, according to data compiled by LSEG. Hormel also expects adjusted profit of $1.58 to $1.72 per share, the mid-point of which is below estimates of $1.68 per share.
1d
Hormel: Q4 Earnings Confirm It's Better To Own The Retailer Than The Brand (Downgrade)
Hormel Foods Corporation faces growth challenges despite being a dividend king. Learn why HRL stock is downgraded and less ...
1d
on MSN
Is Chi-Chi's coming back? Here's what we know about the chain and when it could return
Chi-Chi's closed in 2024. Chi-Chi’s has maintained a presence in the U.S. via the grocery food products Hormel Foods has been ...
3d
on MSN
Why Is Hormel Foods Corporation (HRL) Among the Dividend Kings You Should Consider?
Top 15. In this article, we are going to take a look at where Hormel Foods Corporation (NYSE:HRL) stands against the other ...
3d
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 ...
1d
Hormel Foods’ IT Overhaul: Navigating Risks and Ensuring Market Competitiveness
Hormel Foods Corp (HRL) has disclosed a new risk, in the Technology category.Don't Miss our Black Friday Offers:Unlock your investing potential ...
4d
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 ...
2d
on MSN
Chi-Chi's plans new restaurants more than 20 years after its bankruptcy
Chi-Chi’s was founded in 1975 by Marno McDermott and former Green Bay Packers player Max McGee. It grew rapidly in the 1990s, ...
3d
Hormel Foods Reports Strong Fiscal 2024 Performance
Hormel Foods Corp ( (HRL) ) has released its Q4 earnings. Here is a breakdown of the information Hormel Foods Corp presented to its ...
Lansing State Journal on MSN
2d
Chi-chi's once was popular in Michigan. A new owner says the chain will come back
"Nearly 20 years after closing the last Chi-Chi's restaurant location, the popular Mexican restaurant chain is set to make a ...
2d
Chi-Chi's restaurants to re-open 20 years after closure. Are they coming to Ohio?
Chi-Chi's grew to over 200 locations in the U.S. before closing. Now the chain is being revived. Is it coming to Ohio? What ...
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