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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 ...
5d
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 ...
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
on MSN
Chi-Chi's restaurants returning 20 years after closure. Are they coming to Ohio?
The 1990s really are back. A Mexican restaurant chain that peaked in popularity back when "Friends" was airing new episodes ...
2d
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 ...
9d
‘Is it made by Kraft by any chance’: Customer tries to make hot dogs with Hormel Angus Beef Chili. Then she opens the cans
A woman opened two cans that had Hormel Angus Beef Chili No Beans labels on them. And what she found inside was definitely ...
2d
on MSN
Chi-Chi's plans new restaurants more than 20 years after its bankruptcy
Chi-Chi’s is making a comeback. The Mexican chain said this week that it plans to open some new restaurants next year. The ...
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 ...
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