Hormel Foods (HRL) Raises Quarterly Dividend 25% to $0.25; 1.8% Yield

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Hormel Foods (HRL) Misses Q4 EPS by 1c; Guides FY15 Below Consensus

November 25, 2014 6:31 AM EST

Hormel Foods (NYSE: HRL) reported Q4 EPS of $0.63, $0.01 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $2.54 billion versus the consensus estimate of $2.52 billion.

COMMENTARY

We enjoyed a strong finish to the year, delivering record fourth quarter sales and earnings, said Jeffrey M. Ettinger, chairman of the board, president and chief executive officer. Our Refrigerated... More