Key Developments: Hormel Foods Corp (HRL)

HRL on New York Consolidated

56.35USD
17 Apr 2015
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Latest Key Developments (Source: Significant Developments)

Hormel Foods Corporation declares quarterly dividend
Monday, 23 Mar 2015 05:36pm EDT 

Hormel Foods Corporation:Says its quarterly dividend on the common stock, authorized by the Board of Directors at twenty-five cents (25¢) a share on March 23.Payable May 15 to stockholders of record at the close of business on April 20.  Full Article

Hormel Foods Corp raises FY 2015 EPS guidance
Thursday, 19 Feb 2015 06:30am EST 

Hormel Foods Corp:Is raising FY 2015 non-GAAP adjusted earnings guidance range from $2.45 to $2.55 per share to $2.50 to $2.60.FY 2015 EPS of $2.52 - Thomson Reuters I/B/E/S.  Full Article

Hormel Foods increase annual dividend
Tuesday, 25 Nov 2014 06:30am EST 

Hormel Foods Corp:Declares a 25 pct increase to the annual dividend to shareholders, marking the 49th consecutive annual dividend increase.Annual dividend on the common stock of the corporation was raised to $1.00 per share from $.80 per share.Also authorizes the first quarterly dividend of $0.25 per share.Payable on Feb. 17, 2015, to stockholders of record at the close of business on Jan. 20, 2015.  Full Article

Hormel Foods Corp gives FY 2015 charges outlook; gives FY 2015 EPS outlook below analysts' estimates
Tuesday, 25 Nov 2014 06:30am EST 

Hormel Foods Corp:Expects non-recurring charges of about $0.04 to $0.06 per share to be incurred early in FY 2015 as a result of the potential exit from business in Vietnam and the closure of Stockton, California Grocery Products manufacturing facility.Expects FY 2015 non-GAAP earnings per share guidance range at $2.45 to $2.55.FY 2015 EPS of $2.59 - Thomson Reuters I/B/E/S.  Full Article

Hormel Foods Corp declares quarterly dividend
Monday, 22 Sep 2014 04:30pm EDT 

Hormel Foods Corp:Declares quarterly dividend on common stock, authorized by Board of directors at twenty cents (20¢) share on Sept. 22, 2014.Payable on Nov. 14, to stockholders of record at close of business on Oct. 20.  Full Article

Hormel Foods Corp reaffirms FY 2014 EPS outlook
Thursday, 21 Aug 2014 06:30am EDT 

Hormel Foods Corp:Expects to finish FY 2014 earnings within previously stated guidance range of $2.17 to $2.27 per share.FY 2014 EPS of $2.19 - Thomson Reuters I/B/E/S.  Full Article

Hormel Foods Corp closes acquisition of CytoSport Holdings, Inc
Tuesday, 12 Aug 2014 08:00am EDT 

Hormel Foods Corp:Closes acquisition of CytoSport Holdings, Inc., the maker of Muscle Milk products.Purchase price is about $450 mln.  Full Article

Hormel Foods Corp to acquire maker of Muscle Milk Sports Nutrition products
Monday, 30 Jun 2014 06:15pm EDT 

Hormel Foods Corp:Enters into definitive agreement to acquire CytoSport Holdings, Inc., maker of Muscle Milk products.Transaction is subject to customary closing conditions, including the receipt of regulatory approvals in the United States, and is expected to close within 30 days.Purchase price is about $450 mln.  Full Article

Hormel Foods Corp reaffirms FY 2014 EPS outlook
Wednesday, 21 May 2014 06:30am EDT 

Hormel Foods Corp:Maintains FY 2014 guidance range of $2.17 to $2.27 per share.FY 2014 EPS of $2.26 - Thomson Reuters I/B/E/S.  Full Article

Hormel Foods Corp declares quarterly dividend
Monday, 19 May 2014 04:30pm EDT 

Hormel Foods Corp:Declares quarterly dividend of $0.20 per share.Dividend will be paid Aug. 15, 2014, to stockholders of record at the close of business on July 21, 2014.  Full Article

U.S. bird flu outbreak accelerates as wild ducks migrate north

CHICAGO - A U.S. outbreak of a deadly strain of bird flu accelerated on Wednesday with the infection of a sixth turkey flock in Minnesota, the nation's top turkey-producing state, in less than a week.

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