Home>Topics>Companies>Hormel Foods

Hormel Foods HRL

  1. All
  2. Commentary
  3. Video Reports
  4. Headlines
    1. Hormel's Outlook Disappoints

      Headlines

      Fri, 28 Nov 2014

      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

    2. Hormel Announces Acquisition of CytoSport, Maker of Muscle Milk; No Impact to Fair Value Estimate

      Commentary

      Wed, 2 Jul 2014

      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

    3. Hormel Foods HRL Q2 2014 Earnings Call Transcript

      Headlines

      Wed, 21 May 2014

      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

    4. From Barron’s, September 9, 2013 (Part 2)

      Commentary

      Sat, 7 Sep 2013

      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

    5. Hormel cuts full-year profit outlook; shares fall

      Headlines

      Tue, 18 Jun 2013

      (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...

    6. Hormel Reports Lower-Than-Expected 2Q Revenues, but Profit Growth In Line With Our Expectations

      Commentary

      Thu, 23 May 2013

      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

    7. Muted Top Line for Hillshire in 3Q, but Volume Growth Suggests Innovation Winning; Shares a Bit Rich

      Commentary

      Thu, 2 May 2013

      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

    8. Hunger for International Expansion Clear In Hormel's Deal to Acquire Skippy

      Commentary

      Thu, 3 Jan 2013

      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

    9. Troubled Pairings?

      Video Reports

      Thu, 3 Jan 2013

      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

      Hormel found at 7:26

      new taste sensations on the shelf possibly sooner rather than later, as [TICKER:HRL] Hormel said there were going to spend about $700 million to buy the Skippy peanut butter brand from Unilever. Hormel famously makes SPAM and has other products in their meat business, including Jennie-O Turkey, and they want to expand outside of meat. They really feel like the peanut butter is something that helps diversify their portfolio. Skippy has a very large presence in China. Hormel hopes that helps them gain traction and gain shelf space in China as that market continues to mature and continues to grow. If the SPAM and Skippy sandwich, the Skam sandwich, really takes off, I think will be up for consumer pallets and consumer preferences, but for Hormel this seems like an interesting deal. Ken Perkins, who is our analyst who covers it, doesn't expect a change to Hormel's fair value based on this deal. It will be a relatively small portion of sales, but it does show that the management team is really thinking about their capital allocation, thinking about expanding their brand and expanding the company in intriguing ways. Stipp: Well, I don't think I'll be trying the SPAM -Skippy sandwich, but I do know a good combination is Jeremy Glaser and The Friday Five every Friday. Thanks for joining me again.
    10. Hormel Finishes off Solid 2012; Cost Headwinds to Weigh on Growth in 2013

      Commentary

      Tue, 20 Nov 2012

      Hormel Foods HRL ended its fiscal 2012 on a solid note ..... consumers remain laser-focused on value, Hormel 's portfolio of value-added products ..... prices for convenience. In addition, Hormel continues to play to its key strengths by

    « Prev12345Next »
    Content Partners