Hormel Foods Corp
HRL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.&? | LOCK|GZ>c | LOCK|#@?><y |
Hormel: Acquisition of Brakebush Brothers Looks Strategically and Financially Sound
Hormel announced it's acquiring privately held Brakebush Brothers, a value-added chicken company primarily focused on the foodservice channel (90% of sales). It will pay $1.055 billion, financed through debt and cash on hand, and is expected to close in the first fiscal quarter of 2027.
