Argus downgrades Hormel Foods to Hold
An Argus analyst downgraded Hormel Foods (NYSE: HRL) from Buy to Hold with a price target of $No data. Prior to this rating, Hormel Foods had 1 buy ratings, 6 hold ratings, and 3 sell...
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Hormel Foods News & Analysis
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Hormel Foods Declares $0.275 Quarterly Dividend; 2.8% Yield
Hormel Foods (NYSE:HRL) declared a quarterly dividend of $0.275 per share, or $1.1 annualized.The dividend will be payable on May 15, 2023, to stockholders of record on April 17, 2023, with...
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Hormel Foods Appoints Ray Young and Mike Zechmeister to its Board
Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, announced today that Ray Young, former vice chairman and chief financial officer of Archer-Daniels-Midland...
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Midday movers: Silvergate Capital, Tesla, Salesforce and more
By Liz Moyer Investing.com -- Stocks attempted to rally on Thursday despite lower-than-expected unemployment claims that stoked fears about interest rates staying higher for longer. Here are...
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Hormel Foods delivers 'disappointing' results, cuts FY profit forecast to send shares lower
By Senad Karaahmetovic Hormel Foods (NYSE:HRL) delivered weaker-than-expected results for its first fiscal quarter and slashed the full-year profit forecast. Shares are trading 3.5% lower in...
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T-Note yield hits 4%, hot Eurozone CPI, Salesforce shines - what's moving markets
By Geoffrey Smith Investing.com -- Risk assets are under pressure again as the benchmark 10-year Treasury yield hits 4% for the first time in over three months on fears of sticky inflation...
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Hormel Foods Misses Q1 EPS by 6c
Hormel Foods (NYSE:HRL) reported Q1 EPS of $0.40, $0.06 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $3 billion versus the consensus estimate of $3.09...
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Hormel Foods earnings missed by $0.06, revenue fell short of estimates
Investing.com - Hormel Foods (NYSE: HRL) reported first quarter EPS of $0.40, $0.06 worse than the analyst estimate of $0.46. Revenue for the quarter came in at $3B versus the consensus...
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Wall Street's view on plant-based protein dims amid food inflation
By Liz Moyer Investing.com -- Wall Street has taken a pessimistic stance on plant-alternative foods lately, despite rising food inflation and a broad movement by consumers to adopt more...
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Midday movers: DoorDash, Workday, Hormel and more
By Liz Moyer Investing.com -- Stocks were struggling for direction on Wednesday as investors waited to hear what Federal Reserve Chair Jerome Powell will say in a speech he is scheduled to...
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Dow Futures down 15 pts; cautious trading ahead of Powell speech
By Peter Nurse Investing.com -- U.S. stocks are seen opening mixed Wednesday, amid cautious trading ahead of a keenly awaited speech by Federal Reserve Chair Jerome Powell as well as...
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Hormel Foods Tops Q4 EPS by 1c; Guides for FY23
Hormel Foods (HRL) reported Q4 EPS of $0.51, $0.01 better than the analyst estimate of $0.50. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.38...
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GDP reading, Hormel earnings, software results: 3 things to watch
By Liz Moyer Investing.com -- Stocks wobbled on Tuesday as investors looked forward to Friday's report on jobs for November that could signal a softening labor market. Before that, data on...
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Last week in dividend hikes: Hormel, HP
Here are last week's dividend hikes and special dividends, all first covered on InvestingPro+ - including several hikes predicted by data from Investing.com and StreetInsider last weekend....
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9 dividend hikes to watch for this week: American Equity, Hormel
Companies often establish a pattern of hiking dividends at the same time each year, giving investors a reliable cash influx and enticing them to stick around for the long term. With help...
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Midday Movers: Nvidia, Okta, Signet Jewelers and More
Investing.com -- U.S. stocks were down for a fifth-straight day on Thursday as investors await Friday's jobs report. Here are the midday movers for Sept. 1: NVIDIA Corporation...
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Pre-Open Movers: Okta Sinks on Disappointing Results, Nutanix Gains on Solid Beat
Pre-Open Stock Movers:Okta, Inc. (NASDAQ:OKTA) 21% LOWER; reported Q2 EPS of ($0.10), $0.21 better than the analyst estimate of ($0.31). Revenue for the quarter came in at $452 million...
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Nvidia, Hormel Foods, Okta, Ciena Fall Premarket; Walt Disney Rises
By Peter Nurse Investing.com -- Stocks in focus in premarket trade on Thursday, September 1st. Please refresh for updates. Nvidia (NASDAQ:NVDA) stock fell 4.1% and Advanced Micro Devices...
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Dow Futures Down 150 Pts; Jobless Claims, ISM Manufacturing PMI Eyed
By Peter Nurse Investing.com -- U.S. stocks are seen opening lower Thursday, continuing the previous month’s selling as worries about an economic downturn stemming from aggressive Federal...
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Hormel Foods Misses Q3 EPS by 1c; Raises FY Revenue Guidance, Lowers EPS
Hormel Foods (NYSE:HRL) reported Q3 EPS of $0.40, $0.01 worse than the analyst estimate of $0.41. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.99...
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Broadcom, Lululemon, Hormel Foods Earnings: 3 Things to Watch
By Liz Moyer Investing.com -- Stocks wobbled to end a down month as investors worried about an aggressive Federal Reserve. The next big economic report comes Friday with the government's...
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Meat Producers Feel Effects of Inflation, Shifting Consumer Habits
By Liz Moyer Investing.com -- Tyson Foods Inc (NYSE:TSN) stock is getting hit on Monday after the meat producer reported lower than expected profit because people are buying less...
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U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.33%
Investing.com – U.S. equities were higher at the close on Thursday, as gains in the Technology, Basic Materials and Consumer Services sectors propelled shares higher. At the close in NYSE,...
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Midday Movers: GameStop, MongoDB, Chewy and More
By Liz Moyer Investing.com -- U.S. stocks are slightly higher on Thursday ahead of Friday's jobs report. Here are the midday movers for June 2: GameStop Corp (NYSE:GME) shares rose...
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Hormel Foods Tops Q2 EPS by 1c, Offers FY Guidance
Hormel Foods (NYSE:HRL) reported Q2 EPS of $0.48, $0.01 better than the analyst estimate of $0.47. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.03...
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Lululemon, Hormel Foods, Okta Earnings: 3 Things to Watch
By Liz Moyer Investing.com -- Stocks paused on Wednesday as investors await key data on jobs later this week and anticipate the Federal Reserve's reaction. Hiring demand continues to be...
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