The Latest Breaking News from HRL

Yale researchers say more than 2,400 children have been deported from Russian-occupied parts of Ukraine.

Hormel Foods (NYSE:HRL) has outperformed the market over the past 20 years by 4.06% on an annualized basis producing an average annual return of 11.06%. Currently, Hormel Foods has a market capitalization of $26.09 billion.

Hormel Foods (HRL) has gained from consistent consumption trends and has boosted its top-line sales across its brand portfolio. Furthermore, the corporation has a history of steady dividend payouts. However, is it worth adding its stock to one’s portfolio now, considering the company’s mixed profitability? Let's discuss.

Goldman Sachs analyst Adam Samuelson downgraded Hormel Foods Corp (NYSE:HRL) to Sell from Neutral with a $44 price target, implying a 12.07% downside. Samuelson warned that the Russia-Ukraine conflict might become one of the most disruptive events across the food and agricultural supply chain. The analyst expects material fertilizer supply shocks across nutrients. Samuelson views…

  Over the past three months, shares of Hormel Foods (NYSE:HRL) rose by 4.20%. Before having a look at the importance of debt, let us look at how much debt Hormel Foods has.

Within the last quarter, Hormel Foods (NYSE:HRL) has observed the following analyst ratings:

Hormel Foods Corp (NYSE:HRL) reported first-quarter FY22 sales growth of 24% year-on-year, to $3.04 billion, beating the consensus of $2.93 billion. Organic net sales improved 13%. EPS of $0.44 was in line with Street view. The gross margin contracted 60 basis points Y/Y to 17.7%. The operating margin was 10.5%, and operating income for the…

Dividend Kings are the crème de la crème of dividend growers and should be top of mind for any investor who puts income stability above all else.