Detail akcie Hormel Foods online

Business Summary: Hormel Foods Corporation is a global manufacturer and marketer of branded food products. The Company develops, processes, and distributes a range of food products in a variety of markets. The Company operates through three segments: 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 is primarily engaged in the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment processes, markets, and sells its products internationally. Its products include Hormel Black Label bacon, Columbus charcuterie, Hormel chili, Hormel pepperoni, Applegate breaded chicken, Herdez products, Hormel Square Table entrees, Cafe H sliced meats, Austin Blues sliced meats and Mary Kitchen hash.
Financial Summary: BRIEF: For the 13 weeks ended 28 January 2024, Hormel Foods Corp revenues increased 1% to $3B. Net income increased 1% to $218.9M. Revenues reflect Foodservice segment increase of 9% to $913.1M. Net income also reflects Foodservice segment income increase of 10% to $150.2M, International segment income increase of 1% to $20M. Dividend per share increased from $0.26 to $0.28. Basic Earnings per Share excluding Extraordinary Items remained flat at $0.40.