CHICAGO, April 21 (Reuters) - The spread of a deadly strain of bird flu into an Iowa egg farm accelerated market concerns over how big of a bite the current outbreak could take from the United States' egg and poultry businesses, sending shares of several leading meat companies' down on Tuesday.
Hormel Foods HRL reported a solid fourth ..... cost of capital estimate. Hormel competes in a host of categories, including luncheon meat ( Spam ) microwavable meals ( Hormel Compleats), peanut butter ..... Additionally, several of Hormel 's brands, like Spam and Skippy, have gained traction
Hormel Foods has announced a deal to acquire CytoSport ..... close within 30 days. The transaction is Hormel ’s largest acquisition since the firm ..... still represents a relatively small slice of Hormel ’s overall business, so this deal should
gentlemen, thank you for standing by. Welcome to the Hormel Foods Corporation Second Quarter Earnings Call on the 21st ..... questions. Thank you. Good morning. Welcome to the Hormel Foods conference call for the second quarter of fiscal 2014
side, manufacturing, auto and service sectors are doing fine. Spam [really, Hormel , HRL ] is overvalued [ +46% for 12 months; yield 1.6%; P/E 22.3]; nonetheless, spam is a delicacy in Hawaii [called Hawaiian steak] and in countries
(Reuters) - Hormel Foods Corp , which makes Spam lunch meat, cut its full-year earnings outlook on Tuesday, citing weakness in its pork business, softer sales of its refrigerated foods and higher...
Hormel Foods HRL reported slower-than-expected second ..... fair value estimate today. We note that Hormel is now the third meat-centric company ..... moat rating remains in place as we think Hormel ’s diversified, valued-added brand portfolio
around 20 times the high end of management's fiscal 2013 earnings guidance, comparable to the current valuation for Hormel Foods HRL. While shares for both firms trade at above historical average valuation levels, we don't believe there's
Hormel Foods HRL announced its intentions to acquire ..... EBITDA when including the tax benefits. Hormel expects the deal to be modestly accretive ..... deal, which represents around 3%-4% of Hormel 's sales, to move the needle on our
rather than later, as [TICKER:HRL] Hormel said there were going to spend about ..... Skippy peanut butter brand from Unilever. Hormel famously makes SPAM and has other products in their meat ..... mature and continues to grow. If the SPAM and Skippy sandwich, the Skam sandwich ..... pallets and consumer preferences, but for Hormel this seems like an interesting deal