Can Hormel Foods Corporation's (NYSE:HRL) Weak Financials Pull The Plug On The Stock's Current Momentum On Its Share Price? [Yahoo! Finance]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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US:NYSE Investor Relations:
investor.hormelfoods.com
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Source: Yahoo! Finance
However, we decided to pay close attention to its weak financials as we are doubtful that the current momentum will keep up, given the scenario. In this article, we decided to focus on Hormel Foods' ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. Check out our latest analysis for Hormel Foods How Do You Calculate Return On Equity? ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Hormel Foods is: 10% = US$794m ÷ US$7.8b (Based on the trailing twelve months to January 2024). The 'return' is the profit over the last twelve months. Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.10 in profit. Why Is
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HRL
News
- Makers of the HORMEL® NATURAL CHOICE® Brand Reintroduce Chicken and Roast Beef Varieties to Portfolio of Delicious Deli Products [Yahoo! Finance]Yahoo! Finance
- Makers of the HORMEL® NATURAL CHOICE® Brand Reintroduce Chicken and Roast Beef Varieties to Portfolio of Delicious Deli ProductsPR Newswire
- Hormel Foods Announces Retirement of Jeff Grev, Vice President of Legislative Affairs [Yahoo! Finance]Yahoo! Finance
- Hormel Foods Announces Retirement of Jeff Grev, Vice President of Legislative AffairsPR Newswire
- With Summertime Parties on the Horizon, the Makers of the HORMEL GATHERINGS® Brand Introduce Summer-Themed Hard Salami & Pepperoni Tray [Yahoo! Finance]Yahoo! Finance
HRL
Earnings
- 2/29/24 - Beat
HRL
Sec Filings
- 4/8/24 - Form 144
- 4/3/24 - Form 4
- 4/3/24 - Form 4
- HRL's page on the SEC website