Hormel Foods declares quarterly dividend
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Hormel Foods (NYSE:HRL) declared a quarterly common-stock dividend of $0.2925 per share, continuing the company’s long history of returning capital to shareholders.
Hormel Foods (NYSE:HRL) declared a quarterly common-stock dividend of $0.2925 per share, continuing the company’s long history of returning capital to shareholders.
Hormel Foods (NYSE:HRL) surprised investors with a preliminary first-quarter profit outlook that cleared analyst hurdles, even as the "Dividend King" moves to shed the most volatile slice of its protein business.
Hormel Foods (NYSE:HRL) reported solid second-quarter fiscal 2026 financial results on Thursday, marked by its sixth consecutive quarter of organic top-line expansion and significant growth in adjusted profitability.
Hormel Foods (NYSE:HRL) reported third quarter fiscal 2026 net sales of $2.96 billion, compared with $3.03 billion in the prior-year period, while organic net sales declined 2%.
Hormel Foods reported adjusted earnings per share and organic sales for the second quarter that exceeded analyst expectations, driving a notable increase in its stock price. John Ghingo, President of Hormel Foods, discussed the company's ongoing turnaround plan and its positive impact on results. He speaks with Romaine Bostick and Katie Greifeld on "The Close."
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