Hormel Foods Corporation $HRL+0.8% reported fourth-quarter net sales of $3.2 billion, beating expectations of $3.26 billion. Earnings per share (EPS) came in at $0.36, missing the EPS expectation of $0.44. Adjusted EPS was $0.42.
Capital Structure
Market Cap
17.2B
Enterpr. Val.
19.5B
Valuation
P/E
21.9
P/S
1.4
The company expects net sales growth of 1% to 3% for fiscal 2024, with an emphasis on volume growth in key categories and brand support. It may not be big growth, but again, it's quite doable. For my money, that's not bad at all.
Somehow I didn't keep track of it this week so thanks for the summary. I assume correctly from the comment below that you don't have $HRL+0.8% stock in your portfolio, but you do have $KO-0.5% stock?