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MarketScreener Homepage  >  Equities  >  Nyse  >  Hormel Foods Corporation    HRL

HORMEL FOODS CORPORATION

(HRL)
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Hormel Foods : The Makers of SKIPPY Peanut Butter Donate 32,000 Cases of SKIPPY P.B. & Jelly Minis this Holiday Season to Help Others

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01/13/2020 | 09:37am EDT

AUSTIN, MINN. - The makers of SKIPPY peanut butter recently donated more than 32,000 cases (or 12 truckloads) of SKIPPY P.B. & Jelly Minis to Convoy of Hope to help those in need this holiday season.

Convoy of Hope distributed the SKIPPY P.B. & Jelly Minis at several holiday events and will distribute the rest of the donation at community outreach events.

'We are honored to provide this large donation to Convoy of Hope to help thousands of families this holiday season,' said Aly Sill, SKIPPY P.B. & Jelly Minis brand manager at Hormel Foods. 'SKIPPY P.B. & Jelly Minis are a delicious and convenient snack or meal.'

'Convoy of Hope is grateful for this generous donation of SKIPPY P.B. & Jelly Minis,' said Bill Whitworth, Convoy of Hope's procurement director. 'This donation will serve more than 90,000 people across the country. Convoy of Hope would not be able to do the work we do without partners like Hormel Foods.'

Hormel Foods Surprises Schools by Tackling Lunch Debt in its Plant Communities this Holiday Season

The company is contributing over $28,000 to help the schools and families in six of its plant communities

ABOUT HORMEL FOODS - INSPIRED PEOPLE. INSPIRED FOOD.

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Columbus, Wholly guacamole, Hormel Black Label and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of 'The 100 Best Corporate Citizens' by Corporate Responsibility Magazine for the 11th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future - Inspired People. Inspired Food. - focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and https://csr.hormelfoods.com/.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials (USD)
Sales 2020 9 706 M
EBIT 2020 1 186 M
Net income 2020 941 M
Finance 2020 472 M
Yield 2020 1,93%
P/E ratio 2020 27,6x
P/E ratio 2021 26,2x
EV / Sales2020 2,61x
EV / Sales2021 2,55x
Capitalization 25 765 M
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Technical analysis trends HORMEL FOODS CORPORATION
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
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Mean consensus HOLD
Number of Analysts 12
Average target price 43,45  $
Last Close Price 47,91  $
Spread / Highest target 6,45%
Spread / Average Target -9,30%
Spread / Lowest Target -29,0%
EPS Revisions
Managers
NameTitle
James P. Snee Chairman, President & Chief Executive Officer
James N. Sheehan Chief Financial Officer & Executive Vice President
Kevin L. Myers Senior Vice President-Research & Development
Dakota A. Pippins Independent Director
Elsa A. Murano Independent Director
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