Hormel Foods Corp. (NY: HRL)
47.78 USD  +0.08 (+0.17%)
Official Closing Price  /  Updated: 6:40 PM EDT, Apr 17, 2014  /  Add to My Watchlist      
(HRL) Community Analysis from
April 17, 2014
(tickerspy.com, 5/23/12)
Renewed fears over Greece caused a sharp market sell-off this morning, but stocks rallied late in the day to finish mixed. While the market is still well off it's highs, it does continue to show some resiliency, but we still think...(read more)
(Benzinga, 2/23/12)
Thursday saw Hormel Foods (NYSE: HRL) report lower-than-expected quarterly earnings. The company also forecast a “challenging operating environment” for 2012. Hormel products...(read more)
(Stock Blog Hub, 11/30/11)
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...(read more)
Hormel Foods (HRL) Company Overview

Hormel Foods, Inc. (NYSE: HRL) sells a wide variety of convenient, packaged meat foods, including those of the Hormel Chili, SPAM, Oven Ready, Jennie-O, Lloyd’s Barbeque, and Valley Fresh brands in over 40 countries. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Food, and Other. Hormel purports that 34 of its brands enjoy the number one or two market share position. In addition, 80% of Hormel's sales come from branded products rather than meat processing, affording it a margin cushion when input prices rise. This helps protect the company from private label brands.

The company's financial results and margins are tied closely to the cost and supply of pork, poultry, and feedstuff commodities prices like grain, which are the principal costs in raising livestock; corn prices in particular have risen since 2007 as ethanol producers have increased demand for the grain. The company generally enters into long-term hedging arrangements with suppliers, but major fluctuations in price or supply disruptions can adversely impact results. In the longer term, consumption in increasingly wealthy countries such as China may be particularly attractive to Hormel given its strong portfolio of branded meat products.

(Read more at Wikinvest )

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