All Posts Tagged With: "HRL"
(HRL) Snack-On: Hormel in the Menu
According to New York Times- Americans eat 31% more packaged food than fresh food and they consume more packaged food per person than their counterparts in nearly all other countries. A sizable part of the American diet is ready-to-eat meals, like frozen pizzas and microwave...
30Nov2011 | vitalstocks | 0 comments | Continued(BAC) Company News for August 26, 2011 – Corporate Summary
• Hormel Foods (NYSE:HRL) reported Q3 EPS of $0.37, beating the Zacks Consensus Estimate of $0.35. Revenues for the quarter rose 10.4% to $1.91 billion, exceeding the Zacks Consensus Estimate of $1.881 billion • Compass Diversified Holdings (NASDAQ:CODI) said...
26Aug2011 | vitalstocks | 0 comments | Continued(ANR) Company News for May 26, 2011 – Corporate Summary
• Guess?, Inc. (NYSE:GES) reported Q1 EPS of $0.46, above the Zacks Consensus Estimates of $0.44 per share. Revenues for the quarter rose 9.8% year-over-year to $592.2 million, higher than the Zacks Consensus Estimate of $568.0 million • Suntech Power Holdings...
26May2011 | vitalstocks | 0 comments | Continued(JPM) U.S. Economy Durable Goods Report Disappoints
Concerns about the near-term growth outlook of the U.S. economy may have started to move beyond the debate stage and start showing up in estimates for second quarter GDP. The estimate cut by economists at JPMorgan (JPM) this morning to 2.5% from 3.2%, citing temporary factors,...
25May2011 | vitalstocks | 0 comments | Continued(AGP) Company News for March 23, 2011 – Corporate Summary
• Research In Motion (NASDAQ:RIMM) announced the launch of its highly anticipated BlackBerry PlayBook tablet, which will be available at more than 20,000 stores in the U.S. and Canada at a base price of $499 • Goldman Sachs (NYSE:GS) analysts downgraded shares of AMERIGROUP...
25Mar2011 | vitalstocks | 0 comments | Continued(BRCD) Company News for February 22, 2011 – Corporate Summary
• Progress Energy (NYSE:PGN) reported Q4 EPS of $0.45, ahead of the Zacks Consensus estimate of $0.43 per share • Campbell Soup Co.’s (NYSE:CPB) shares declined 3.9% after the soup maker trimmed its 2011 outlook • Compass Diversified Holdings’s (NYSE:CODI) shares...
22Feb2011 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Bull of the Day
We upgrade our recommendation on Hormel Foods (HRL) from Neutral to Outperform based on the expectations of an increase in market demand and food prices in future. Hence, the first quarter and fiscal 2011 Zacks estimate went up by $0.09 and $0.15 per share, respectively. With...
27Dec2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Raises Earnings Guidance
Hormel Foods Corporation (HRL) posted strong results for the second quarter of fiscal 2010 with an EPS of 67 cents, up from 59 cents in the year-ago quarter. Reported EPS surpassed the Zacks Consensus Estimate by 6 cents. Net income stretched 13.6% year over year to $91.3 million...
24May2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Announces Plant Closure
Hormel Foods Corporation (HRL) has announced the closure of its Turlock, California plant by October 29, 2010. The plant produces VALLEY FRESH canned meats. The closure is expected to costs 5 cents per share, which will be included in the second quarter of fiscal 2010 EPS. The...
21Apr2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Coverage Initiated at Neutral
We have recently initiated coverage on Hormel Foods Corporation (HRL), a leading manufacturer and marketer of various meat and food products, as Neutral. Hormel has strengthened its position through acquisitions, which is expected to be its fundamental growth strategy in the...
21Jan2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Acquires Country Crock From Unilever
Hormel Foods Corporation (HRL) has entered into a definitive agreement to acquire the Country Crock chilled side dish line from Unilever United States Inc., of Englewood Cliffs, N.J. The transaction is expected to close by February 2010. However, the terms were not disclosed. The...
19Jan2010 | vitalstocks | 0 comments | Continued(BWLD) Four Stocks for the Playoffs – Investment Ideas
The New Year is many things to many people. For some, it’s a chance to start a new fitness routine and lose a few pounds. For others, it’s a time to take up a new hobby like playing guitar or gardening. But for sports fans all across the world the New Year means one...
15Jan2010 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Annual Dividend was Raised 10.5%
Hormel Foods Corporation (HRL), the manufacturer of food and meat products including SPAM, Hormel and Dinty Moore brands, recently raised its dividend for the 44th straight year. The company has been paying a dividend, without interruption, since it went public in 1928. The annual...
30Nov2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Earnings Rise 54%
Yesterday, Hormel Foods Corp. (HRL) reported heartening performance for the fourth quarter and fiscal year 2009. During the fourth quarter of 2009, the company reported EPS of 77 cents, up 54% from 50 cents per share in the same quarter of 2008. It was also above the Zacks Consensus...
25Nov2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation Earnings up 50% Quater Over Quarter
Hormel Foods Corporation (HRL), the food and meat products manufacturer which owns well-known consumer brands such as Jennie-O, SPAM, Hormel, and Dinty Moore, on Aug 20 beat the Zacks Consensus Estimate in the third quarter by 9.62% as consumers continue to eat more meals at...
8Sep2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Reports Modest Results – 57 Cents which beat consensus of 50 cents
Hormel Foods Corp. (HRL) reported modest earnings for the third quarter with earnings of 57 cents per share, which was above the Zacks Consensus Estimate of 50 cents. Quarterly earnings were up considerably from the 38 cents reported in the prior-year quarter. Net sales for the...
20Aug2009 | vitalstocks | 0 comments | Continued(HPQ) Stock Market News for August 20, 2009 – Market News
A sharp rebound in Chinese shares helped erase yesterday’s slump and sent Asian stocks sharply higher Thursday, a day after Shanghai’s big fall ignited fears of a Chinese stock collapse and triggered a selling spree around the world. Asian markets also drew comfort from...
20Aug2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Value – Zacks Rank Buy
Hormel Foods Corporation (HRL), the manufacturer of various food and meat products, reported second quarter results on May 21 that surprised on analysts’ estimates by 18% as SPAM sales surged. Earnings per share for the quarter were 59 cents compared to 56 cents in the...
26May2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Value – Zacks Rank Buy
Hormel Foods Corporation (HRL), the food and meat products manufacturer, has surprised on estimates 5 out of the last 6 quarters. The 118-year old company recently announced its 323rd dividend payout. HRL is trading at 12.12x forward earnings. Company Description Hormel Foods...
29Apr2009 | vitalstocks | 0 comments | Continued(HRL) Hormel Foods Corporation – Value – Zacks Rank Buy
Hormel Foods Corporation (HRL), the maker of SPAM and Dinty Moore stews, is seeing consumers flock to its stay-at-home canned meats and food products as dining out becomes unfashionable. The company has surprised on estimates 3 out of the last 4 quarters by an average of 7.88%....
27Feb2009 | vitalstocks | 0 comments | Continued