Hormel Foods Corp: All Recent News

• All recent news
• Earnings news

Heinz Falls Despite FYQ2 Beat 11/24/2009

... At Barron's

Hormel 4Q profit rises 50 percent, but sales slip 11/24/2009

MILWAUKEE (AP) - Hormel Foods Inc. plans to boost its advertising next year to persuade cash-strapped shoppers to pay extra for its pricier items, like microwave meals, as they keep looking for ways to cut costs in the downturn. Associated Press

Dow Slips; Health Stocks Gain 11/24/2009

... At Wall Street Journal

Heinz, Hormel optimistic about sales in 2010 11/24/2009

U.S. food makers H.J. Heinz Co and Hormel Foods Corp said they expect sales to rise in the coming months as they spend more on marketing to win the attention of recession-weary consumers who are dining at home instead of eating out. Thomson Reuters

On The Call: Hormel CEO on marketing in 2010 11/24/2009

MILWAUKEE (AP) - Consumers continue to watch their food budgets in the recession and that dragged down sales for Hormel Foods Inc. in the fourth quarter. The maker of Spam and Dinty Moore stews plans to boost its advertising in fiscal 2010. CEO Jeffrey Ettinger discussed the company's plan on a call with investors Tuesday. Associated Press

Market Report -- Story Stocks (HRL) 11/24/2009

Hormel Foods Hormel Foods (HRL 38.15, -0.74) reported fiscal fourth quarter earnings that topped estimates and while revenue came in a bit below expectations, the company raised its... Briefing.com

Hormel Falls As Q4 Revenue Misses 11/24/2009

... At Barron's

Hormel's Profit Rises 53% Despite Lower Sales 11/24/2009

... At Wall Street Journal

Hormel 4th-qtr profit jumps despite sales decline 11/24/2009

... At Thomson Reuters

Hormel 4th-qtr profit jumps despite sales decline 11/24/2009

CHICAGO (Reuters) - Hormel Foods Corp posted a 53 percent jump in quarterly profit, aided by lower hog prices and stronger sales of its namesake chili, and said earnings should rise in the current fiscal year. Thomson Reuters

UPDATE 1-Hormel 4th-qtr profit jumps despite sales decline 11/24/2009

... At Thomson Reuters

Hormel profit rises more than expected 11/24/2009

NEW YORK (MarketWatch) -- Hormel Foods Corp. , maker of Spam and Dinty Moore stew, said Tuesday that its fourth-quarter profit rose to $103.9 million, or 77 cents a share, from $67.8 million, or 50 cents, a year earlier. Sales in the quarter ended Oct. 25 fell to $1.68 billion from $1.86 billion. The company sees fiscal 2010 profit of $2.63 to $2.73 a share. Analysts, on average, estimated profit of 68 cents a share in the fourth quarter and $2.60 for fiscal 2010, according to FactSet. At MarketWatch

Hormel raises annual dividend 11/24/2009

NEW YORK (MarketWatch) -- Hormel Foods Corp. said Tuesday that its board has raised the company's annual dividend to 84 cents a share from 76 cents a share. The Austin, Minn.-based food producer said that a quarterly dividend of 21 cents a share will be paid Feb. 15 to shareholders of record as of Jan. 23. At MarketWatch

Market Report -- In Play (HRL) 11/24/2009

Hormel Foods beats by $0.09, misses on revs; guides FY10 EPS above consensus Reports Q4 (Oct) earnings of $0.77 per share, $0.09 better than the First Call consensus... Briefing.com

Hormel Foods Reports Fourth Quarter and Full Year Results 11/24/2009

Hormel Foods Corporation (NYSE: HRL) today reported its performance for the fiscal year 2009 fourth quarter and full year. HIGHLIGHTSFourth Quarter Diluted EPS of $.77, up 54 percent from $.50 per... Business Wire

More News

Market Report

News by Symbol

Today's Investing Articles

Breaking News

News by Topic

News by Industry

MSNBC News

MSN Money

Search MSN Money

Message Boards

Site Status