
Hormel and General Mills both cut big dividend checks and carry identical payout ratios, yet one of these grocery giants has a streak the other can never match.
Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods.
| Revenue (TTM) | $12.15B |
| Gross Profit (TTM) | $1.91B |
| EBITDA | $1.26B |
| Operating Margin | 11.10% |
| Return on Equity | 4.29% |
| Return on Assets | 4.63% |
| Revenue/Share (TTM) | $22.06 |
| Book Value | $14.25 |
| Price-to-Book | 1.52 |
| Price-to-Sales (TTM) | 0.98 |
| EV/Revenue | 1.146 |
| EV/EBITDA | 15.95 |
| Quarterly Earnings Growth (YoY) | -5.10% |
| Quarterly Revenue Growth (YoY) | -2.90% |
| Shares Outstanding | $550.35M |
| Float | $290.73M |
| % Insiders | 0.47% |
| % Institutions | 91.37% |
Volatility is currently expanding

Hormel and General Mills both cut big dividend checks and carry identical payout ratios, yet one of these grocery giants has a streak the other can never match.

AUSTIN, Minn., Sept. 1, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Jeff Ettinger, interim chief executive officer, and John Ghingo, president and chief executive officer-elect, will participate in a fireside chat discussion at the Barclays Global Consumer Staples Conference on Wednesday, Sept.

Some dividend stocks fold the moment a recession hits, but four consumer staples names kept raising their payouts straight through a housing collapse and a global lockdown without missing a beat.

Hormel Foods Corporation experienced a significant share price drop following its latest quarterly results, reflecting heightened sector headwinds. HRL's portfolio remains among the most resilient in large-cap food, given its protein-centric nature. Turkey and other poultry products constitute a substantial portion of HRL's portfolio, benefiting from consumer shifts toward this segment.

They didn't seem fond of the top-line miss on the consensus analyst estimate, either. The sell-off, however, boosted the company's already high dividend yield.

Hormel Foods Corporation (HRL) Q3 2026 Earnings Call Transcript

HRL beats third-quarter earnings estimates as margin expanded, but sales fall and miss expectations, prompting a lower fiscal 2026 revenue outlook.

Hormel Foods NYSE: HRL reported third-quarter fiscal 2026 adjusted earnings per share of $0.37, up 6% from the prior-year period, as improved operating margins and cost discipline helped offset a 2% decline in organic net sales.

Hormel Foods (HRL) remains a 'hold' as margin recovery nears completion and volume growth prospects remain muted. HRL's Q3 saw adjusted EPS beat by $0.02, but organic sales declined 2% amid persistent consumer caution and food inflation. Free cash flow remains robust ($700M+ expected FY), supporting a secure 5% dividend yield and a strong balance sheet.

The headline numbers for Hormel (HRL) give insight into how the company performed in the quarter ended July 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
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