Last €35.33 EUR
Change Today -0.345 / -0.97%
Volume 0.0
HO7 On Other Exchanges
Symbol
Exchange
New York
As of 3:08 AM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

hormel foods corp (HO7) Snapshot

Open
€35.31
Previous Close
€35.67
Day High
€35.49
Day Low
€35.31
52 Week High
06/23/14 - €36.84
52 Week Low
10/4/13 - €30.51
Market Cap
9.3B
Average Volume 10 Days
25.1
EPS TTM
--
Shares Outstanding
264.0M
EX-Date
07/17/14
P/E TM
--
Dividend
€0.80
Dividend Yield
1.59%
Current Stock Chart for HORMEL FOODS CORP (HO7)

hormel foods corp (HO7) Details

Hormel Foods Corporation produces and markets various meat and food products in the United States and internationally. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, refrigerated meal solutions, sausages, hams, wieners, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers pork and beef, and branded and unbranded turkey products for retail, foodservice, and fresh product customers; and other products, such as nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through independent brokers and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.

20,100 Employees
Last Reported Date: 06/6/14
Founded in 1891

hormel foods corp (HO7) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $445.1K
Executive Vice President and President of Hor...
Total Annual Compensation: $433.0K
Group Vice President and President of Jennie-...
Total Annual Compensation: $261.4K
Compensation as of Fiscal Year 2013.

hormel foods corp (HO7) Key Developments

CytoSport Holdings Inc, Hormel Foods Corporation - M&A Call

To discuss acquisition of CytoSport Holdings Inc by Hormel Foods

Hormel Foods Corporation Provides Earnings Guidance for the Fiscal 2014 and 2015

Hormel Foods Corporation provided earnings guidance for the fiscal 2014 and 2015. Total 2014 annual sales are expected to be approximately $370 million.

Hormel Foods Corporation Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended April 27, 2014; Revised Earnings Guidance for the Full Year 2014

Hormel Foods Corporation reported consolidated earnings results for the second quarter and six months ended April 27, 2014. For the quarter, the company’s net sales were $2,244,866,000 against $2,152,686,000 a year ago. Operating income was $216,556,000 against $186,929,000 a year ago. Earnings before income taxes were $213,157,000 against $184,903,000 a year ago. Net earnings were $140,706,000 against $126,641,000 a year ago. Net earnings attributable to Hormel Foods Corporation were $140,090,000 or $0.52 diluted per share against $125,520,000 or $0.46 diluted per share a year ago. For the six months, the company’s net sales were $4,487,538,000 against $4,268,927,000 a year ago. Operating income was $453,748,000 against $385,134,000 a year ago. Earnings before income taxes were $448,428,000 against $381,824,000 a year ago. Net earnings were $295,164,000 against $257,686,000 a year ago. Net earnings attributable to Hormel Foods Corporation were $293,438,000 or $1.09 diluted per share against $255,236,000 or $0.95 diluted per share a year ago. Net cash provided by operating activities was $275,035,000 against $257,558,000 a year ago. Net purchases of property /equipment was $70,832,000 against $41,183,000 a year ago. The company maintains fiscal 2014 guidance range of $2.17 to $2.27 per share, but expects these cost pressures to push full year earnings toward the lower end of this range. The company expects interest expense to be $12 million to $14 million for fiscal 2014. For fiscal 2014, the company expects the effective tax rate to be between 34% and 34.5% and expects depreciation and amortization to be $125 million to $128 million for fiscal 2014. For fiscal 2014, the company expects capital expenditures to be approximately $140 million to $150 million.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HO7:GR €35.33 EUR -0.345

HO7 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Campbell Soup Co $43.53 USD -0.23
Dean Foods Co $16.19 USD -0.26
Dr Pepper Snapple Group Inc $60.98 USD +2.54
Pilgrim's Pride Corp $31.71 USD +0.22
Clorox Co/The $90.54 USD +0.36
View Industry Companies
 

Industry Analysis

HO7

Industry Average

Valuation HO7 Industry Range
Price/Earnings 23.1x
Price/Sales 1.4x
Price/Book 3.6x
Price/Cash Flow 22.6x
TEV/Sales 1.3x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HORMEL FOODS CORP, please visit www.hormelfoods.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.