Hormel Foods (HRL) Tops Q2 EPS by 4c

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Hormel Foods Achieves Record Second Quarter Earnings

May 20, 2015 6:30 AM EDT

AUSTIN, Minn.--(BUSINESS WIRE)-- Hormel Foods Corporation (NYSE: HRL) today reported record performance for the fiscal year 2015 second quarter. All comparisons are to the second quarter of fiscal 2014.

SUMMARY

Second Quarter

Record diluted EPS of $0.67, up 29 percent from $0.52 per share. Record dollar sales of $2.3 billion, increased 2 percent; volume up 5 percent. Total segment operating profit increased 29 percent. Refrigerated Foods segment operating profit up 52 percent; volume up 1 percent; dollar sales down 8 percent.... More

Hormel Foods Corporation Declares Quarterly Dividend

May 18, 2015 4:30 PM EDT

AUSTIN, Minn.--(BUSINESS WIRE)-- Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded food and meat products, announced today that its quarterly dividend on the common stock, authorized by the Board of Directors at twenty-five cents (25¢) a share on May 18, 2015, will be paid August 17, 2015, to stockholders of record at the close of business on July 20, 2015.

The August 17 payment will be the 348th consecutive quarterly... More

Hormel Foods Announces Webcast of 10th Annual Farm to Market Conference

May 18, 2015 10:17 AM EDT

AUSTIN, Minn.--(BUSINESS WIRE)-- Hormel Foods Corporation (NYSE: HRL) announced today that Jeffrey M. Ettinger, chairman of the board, president and chief executive officer, will present at 2:00 p.m. ET on Wed., May 20, 2015, during the 10th Annual Farm to Market Conference in New York City, NY. The company invites interested parties to listen to the presentation live via the Internet.

To access the webcast:

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