Detail akcie Hormel Foods online

Business Summary: Hormel Foods Corporation is a global-branded food company. The Company develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. It has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.
Financial Summary: BRIEF: For the 13 weeks ended 26 January 2025, Hormel Foods Corp revenues decreased less than 1% to $2.99B. Net income decreased 22% to $170.6M. Revenues reflect Foodservice segment increase of 2% to $930.2M, also reflect Retail segment decrease of 1% to $1.89B, International segment decrease of 2% to $168.5M. Net income was partially offset by Retail segment income decrease of 20% to $119.1M, Foodservice segment income decrease of 8% to $138.8M.