Key Developments: Hormel Foods Corp (HRL)
42.40USD
22 May 2013
$-0.21 (-0.49%)
$42.61
$42.59
$42.97
$42.27
860,738
898,191
$43.17
$27.28
Latest Key Developments (Source: Significant Developments)
Hormel Foods Corp Declares Quarterly Dividend
Hormel Foods Corp announced quarterly dividend on the common stock, authorized by the Board of Directors at 17¢ a share on May 20, 2013, will be paid August 15, 2013, to stockholders of record at the close of business on July 22, 2013. Full Article
Hormel Foods Corp Declares Quarterly Dividend
Hormel Foods Corp announced that its quarterly dividend on the common stock, authorized by the Board of Directors at 17¢ a share on March 25, 2013, will be paid May 15, 2013, to stockholders of record at the close of business on April 22, 2013. Full Article
Hormel Foods Corp Raises FY 2013 EPS Guidance
Hormel Foods Corp announced that it is raising its fiscal 2013 earnings guidance to $1.93 to $2.03 per share (EPS) from $1.90 to $2.00 per share. According to I/B/E/S Estimates, analysts were expecting the Company to report EPS of $1.96 for fiscal 2013. Full Article
Unilever NV Completes Sale of Skippy to Hormel Foods Corp-DJ
Dow Jones reported that Unilever NV has completed the sale of American food producer Skippy to Hormel Foods Corp for USD 700 million in cash. Full Article
Hormel Foods Corp to Acquire Iconic Skippy Peanut Butter Line
Hormel Foods Corp announced that it has entered into a definitive agreement to acquire the Skippy peanut butter business from Unilever United States Inc of Englewood Cliffs, N.J. Barclays is serving as exclusive financial advisor to Hormel Foods in connection with this transaction. The Skippy peanut butter domestic line consists of 11 varieties of shelf-stable peanut butter products. Financial terms of the transaction were not disclosed. Full Article
Hormel Foods Corp Announces Increase To Consecutive Annual Dividend
Hormel Foods Corp announced that quarterly dividend on the common stock, authorized by the Board of Directors at seventeen cents (17¢) a share on November 20, 2012, will be paid Feb. 15, 2013, to stockholders of record at the close of business on Jan. 22, 2013. ( Please note: this date has been changed from a previously announced date of Jan. 21, 2013. ) The annual dividend on the common stock of the corporation was raised to $.68 per share from $.60 per share. Full Article
Hormel Foods Corp Issues FY 2013 EPS Guidance In Line With Analysts' Estimates
Hormel Foods Corp announced that for fiscal 2013, it expects earnings per share (EPS) in the range of $1.90 to $2.00. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.95 for fiscal 2013. Full Article
Hormel Foods Corp Announces Increase In Annual Dividend
Hormel Foods Corp announced an increased annual dividend on the common stock of the corporation was raised to $.68 per share from $.60 per share. The Company also announced a quarterly dividend on the common stock, authorized by the Board of Directors at $0.17 a share. The quarterly dividend will be paid February 15, 2013, to stockholders of record at the close of business on January 21, 2013. Full Article
Hormel Foods Corp Declares Quarterly Dividend
Hormel Foods Corp announced that it has declared a regular quarterly dividend of $0.15 per share on the common stock of the corporation. The dividend will be paid November 15, 2012, to stockholders of record at the close of business on October 22, 2012. Full Article
Hormel Foods Corp Issues FY 2012 Revenue Guidance Below Analysts' Estimates-Conference Call
Hormel Foods Corp announced that for fiscal 2012, it expects revenue of $8 billion. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $8.30 billion for fiscal 2012. Full Article
Hormel lifts FY profit view; sees margin pressures
- Hormel Foods Corp , the maker of Spam canned ham, raised its profit forecast for the year, encouraged by a strong performance in its grocery division, but said margins will be under pressure due to higher livestock feed costs.
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