Hormel Foods Corporation (HRL)

Hormel Foods' stock price has declined over the past 6 to 12 months. As of September 25, 2025, the share price was $24.41, a 22.68% decline from the previous year. Recent earnings reports show mixed results. In Q4 Fiscal 2024, Hormel Foods reported net sales of $3.1 billion and adjusted diluted EPS of $0.42, meeting estimates and achieving record cash flow. Q1 Fiscal 2025 saw net sales of $2.99 billion, with organic net sales up 1%, but adjusted diluted EPS missed expectations. Q2 Fiscal 2025 reported net sales of $2.90 billion, with organic net sales up 1%, and adjusted diluted EPS was in line with expectations, though gross profit margin was impacted by higher commodity costs. Q3 Fiscal 2025 showed net sales of $3.03 billion, with organic net sales up 6%, beating sales expectations, but adjusted diluted EPS missed forecasts due to rising commodity costs, causing the stock to fall.

While specific monthly seasonality data requires specialized access, several factors indicate demand patterns for Hormel Foods' products. The company built inventory for summer demand in Q2 fiscal 2025, suggesting seasonal peaks. Hormel Foods has benefited from strong demand for its Foodservice products. Despite some periods of weak demand, the company saw a jump in sales volumes in Q2 fiscal 2025. The retail segment has also shown steady growth, driven by strong performance in brands like SPAM and Applegate.

Hormel Foods Corporation, established in 1891, is a multinational food processing company operating in the Consumer Staples sector, specifically the Packaged Foods and Meat Products industry. The company develops, processes, and distributes a wide array of food products to retail, foodservice, convenience store, and commercial customers both in the United States and internationally. Its product lineup includes perishable and shelf-stable items, and it boasts a strong brand portfolio with well-known names. The company operates through three primary segments: Retail, Foodservice, and International.

Hormel Foods has a significant global presence, with its products available in over 80 countries. The company maintains manufacturing facilities across North America and international markets. Key international markets where Hormel Foods has a presence include Australia, Brazil, Canada, China, and England.

Hormel Foods actively manages its brand reputation through various initiatives and communications. In September 2025, the company announced a quarterly dividend, and its PLANTERS® brand launched new products. Hormel Foods also released its 2024 Global Impact Report in September 2025, highlighting its commitment to corporate responsibility. Additionally, the HORMEL® Pepperoni brand launched "Pepperoni Insurance" in September 2025. Historically, Hormel Foods has been recognized for its corporate citizenship.

The Hormel Foundation is the largest shareholder, controlling approximately 47% of the company's shares. Institutional investors collectively own around 43% of shares, with major holders including Vanguard Group Inc., State Street Corp, and BlackRock, Inc. Insiders own under 1% of the company's stock.