HRL Hormel Foods Dashboard

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the 'Global 2000 World's Best Employers' list by Forbes magazine for three straight years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's 'The 100 Best Corporate Citizens' list for 12 years in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement - Inspired People. Inspired Food.™ - to bring some of the world's most trusted and iconic brands to tables across the globe.

Company profile

Ticker

HRL

Exchange

NYSE

Website

www.hormelfoods.com

CEO

James Snee

Incorporated

Delaware

Location

Minnesota

Fiscal year end

Oct 31

Sector

Manufacturing > Animal (except Poultry) Slaughtering

Industry (SIC)

Meat Packing Plants

China Xiangtai Food • BRF ...

Former names

HORMEL GEO A & CO

SEC CIK

0000048465

Corporate docs

Articles of Incorporation & Bylaws

IRS number

410319970

HRL stock data

S&P 500

1M 1Y 2Y 5Y

News

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Looking Into Hormel Foods's Return On Capital Employed

11 Jun 21

Looking at Q2, Hormel Foods (NYSE:HRL) earned $276.34 million, a 8.89% increase from the preceding quarter. Hormel Foods also posted a total of $2.61 billion in sales, a 5.93% increase since Q1. In Q1, Hormel Foods earned $253.79 million, and total sales reached $2.46 billion.

Mid-Afternoon Market Update: Dow Rises 150 Points; VF Corp Shares Fall On Downbeat Earnings

21 May 21

Toward the end of trading Friday, the Dow traded up 0.44% to 34,234 while the NASDAQ fell 0.26% to 13,500.91. The S&P also rose, gaining 0.07% to 4,161.93.

Mid-Day Market Update: Nasdaq Turns Lower; Annovis Bio Shares Surge

21 May 21

Midway through trading Friday, the Dow traded up 0.71% to 34,327.47 while the NASDAQ fell 0.12% to 13,520.12. The S&P also rose, gaining 0.35% to 4,173.78.

Mid-Morning Market Update: Markets Open Higher; Deere Beats Q2 Estimates

21 May 21

Price Over Earnings Overview: Hormel Foods

21 May 21

Press releases

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Hormel Foods Featured on Selling Power's "50 Best Companies to Sell For" List in 2021

22 Jul 21

AUSTIN, Minn.--News Direct--AUSTIN, Minn., July 21, 2021 /3BL Media/ - Hormel Foods Corporation (NYSE:HRL) is pleased to announce that it has ranked No. 17 on the Selling Power's 50 Best Companies to Sell For list. This

Hormel Foods Engages and Inspires its Largest Class of Summer Interns in the History of the Program

20 Jul 21

AUSTIN, Minn., July 20, 2021 /PRNewswire/ -- Hormel Foods, a global branded food company (NYSE:HRL), has once again stepped up to continue its award-winning summer internship program, accommodating a record 83 college

NATURAL CHOICE® Brand Good Feeds Us All Tour Rolls into Twin Cities

24 Jun 21

AUSTIN, Minn., June 24, 2021 /PRNewswire/ -- This week, the makers of the Natural Choice® brand embarked on the 2021 Good Feeds Us All Tour across America, partnering with local retailers and BBQ legend Moe Cason to

The Makers of the NATURAL CHOICE® Brand Partner with BBQ Legend Moe Cason for the Launch of the 2021 "Good Feeds Us All Tour" Across America

23 Jun 21

Hormel Foods Donating 100,000 Meals to Hunger Partners During Tonight's Virtual Concert of Hope and Thanks for its 20,000 Global Team Members

8 Jun 21

Calendar

1 Jun 21

31 Jul 21

31 Oct 21

Financial summary

Financial statements Chart HRL financial data

Quarter (USD)	Apr 21	Jan 21	Oct 20	Jul 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Oct 20	Oct 19	Oct 18	Oct 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	1.48B	1.48B	1.48B	1.48B	1.48B	1.48B
Cash burn (monthly)	89M	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	283.37M	n/a	n/a	n/a	n/a	n/a
Cash remaining	1.2B	n/a	n/a	n/a	n/a	n/a
Runway (months of cash)	13.5	n/a	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

HRL insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
6 Jul 21	Lykken Steven J	Common Stock	Option exercise	Aquire M	No	No	14.8	14,780	218.74K	20,176.005
6 Jul 21	Lykken Steven J	Stock Options Common Stock	Option exercise	Dispose M	No	No	14.8	14,780	218.74K	0
1 Jul 21	Lykken Steven J	Common Stock	Sell	Dispose S	No	No	47.6107	21,380	1.02M	5,396.005
1 Jul 21	Lykken Steven J	Common Stock	Sell	Dispose S	No	No	47.6103	1,220	58.08K	26,776.005
1 Jul 21	Lykken Steven J	Common Stock	Option exercise	Aquire M	No	No	14.8	1,220	18.06K	27,996.005
1 Jul 21	Lykken Steven J	Stock Options Common Stock	Option exercise	Dispose M	No	No	14.8	1,220	18.06K	14,780
22 Jun 21	Terrell K Crews	Common Stock	Payment of exercise	Dispose F	No	No	47.74	6,525	311.5K	109,539.006
22 Jun 21	Terrell K Crews	Common Stock	Option exercise	Aquire M	No	No	14.485	13,200	191.2K	116,064.006
22 Jun 21	Terrell K Crews	Stock Options Common Stock	Option exercise	Dispose M	No	No	14.485	13,200	191.2K	0
11 Jun 21	Nestegard Susan K	Common Stock	Payment of exercise	Dispose F	No	No	48.78	3,920	191.22K	100,180.748

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

HRL institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

40.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	627	646	-2.9%
Opened positions	64	87	-26.4%
Closed positions	83	76	+9.2%
Increased positions	219	238	-8.0%
Reduced positions	239	227	+5.3%

13F shares	Current	Prev Q	Change
Total value	10.42B	10.71B	-2.7%
Total shares	218.27M	229.82M	-5.0%
Total puts	472.9K	904.2K	-47.7%
Total calls	539.9K	977.5K	-44.8%
Total put/call ratio	0.9	0.9	-5.3%

Largest owners	Shares	Value	Change
Vanguard	33.49M	$1.6B	+1.7%
BLK Blackrock	28.41M	$1.36B	-2.3%
STT State Street	26.47M	$1.26B	+1.6%
Capital International Investors	10.33M	$493.53M	+2.1%
Geode Capital Management	5.01M	$238.92M	+2.2%
PFG Principal Financial Group Inc - Registered Shares	4.65M	$222.17M	+1.9%
Mairs & Power	4.49M	$214.31M	+5.5%
APG Asset Management	4.29M	$205.08M	-4.0%
NTRS Northern Trust	3.92M	$187.08M	-0.9%
IVZ Invesco	3.91M	$186.88M	+3.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-2.81M	EXIT
Champlain Investment Partners	2.71M	+2.71M	NEW
First Trust Advisors	1.54M	-2.66M	-63.2%
Renaissance Technologies	1.13M	-1.58M	-58.3%
WHG Westwood	5.92K	-1.55M	-99.6%
MCQEF Macquarie	29.97K	-1.4M	-97.9%
Aperio	0	-974.4K	EXIT
BAC Bank Of America	724.26K	-788.77K	-52.1%
JHG Janus Henderson	736.85K	-745.39K	-50.3%
TD Asset Management	1.08M	+737.28K	+213.5%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Campbell Soup • Conagra Brands • General Mills • Tyson Foods • Treehouse Foods

Management Discussion

The Company is a processor of branded and unbranded food products for retail, foodservice, deli, and commercial customers. At the beginning of fiscal 2019, the Company aligned all deli businesses, including the Jennie-O Turkey Store deli division, into Hormel Deli Solutions reporting within the Refrigerated Foods segment. In addition, the ingredients business was realigned from the Grocery Products segment to the Refrigerated Foods segment. Periods presented herein have been recast to reflect these changes. Periods presented have also been adjusted due to the adoption of Accounting Standards Update (ASU) 2017-07, Compensation - Retirement Benefits: Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost (Topic 715). See Note A - Summary of Significant Accounting Policies for more information.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	8th grade Avg

New words: acquisiton, agent, benchmark, benchmarked, BofA, Chase, component, court, demonstrated, detail, disciplined, district, exceed, exceeded, exhibited, explore, exposed, Fargo, Fontanini, inflationary, Italian, JPMorgan, lender, lending, leverage, loan, locked, mark, notional, outlined, pay, pizza, redirect, satisfaction, separate, sequentially, single, slight, slightly, steep, swingline, Syndication, tenor, thereto, thirty, tree, uncommitted, underwriting, Wholly

Removed: butter, center, peanut, shift, skippy, SPAM

From filing 10-Q 2021 Q2