La vendita allo scoperto per Hormel Foods dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Hormel Foods. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Hormel Foods (NYSE:HRL) Azioni, Report sulle vendite allo scoperto

HORMEL FOODS CORP

Hormel Foods

Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

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Hormel Foods Corp

Wall Street hovered slightly higher by midday Thursday, giving up a chunk of strong overnight gains in futures markets that were triggered by a federal court ruling suspending a large portion <a href="https://www.benzinga.com/government/regulations/25/05/45672421/tariffs-blocked-by-court-but-goldman-sachs-says-trump-could-reimpose-them-within-days">of President Donald Trump&#8217;s tariffs.</a>
Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) led the market after reporting a better-than-feared quarter. The artificial intelligence leader showed resilience in the face of export restrictions. Shares rose 4.3%, ranking as the second-best performer on the S&amp;P 500 and climbing to their highest level in more than three months.
By midday: 
<ul class="wp-block-list">
<li>The S&amp;P 500 was up 0.3% at 5,900.</li>
<li>The Nasdaq 100 gained 0.5%.</li>
<li>The Dow Jones Industrial Average traded flat.</li>
</ul>
<h3 class="wp-block-heading">Fresh Economic Data Adds To Mixed Tone</h3>
First-quarter U.S. gross domestic product shrank 0.2%, slightly improving from the initial 0.3% estimate. Still, it marked a sharp slowdown compared to the 2.4% growth in the last quarter of 2024, reflecting slower consumer spending and higher imports ahead of the tariffs impact.
More concerning was the labor market. Initial jobless claims for the week ending May 24 jumped to 240,000, exceeding expectations and reaching their highest level in nearly four months. Continuing claims also rose to levels last seen in November 2021, indicating potential softening in employment trends.
The U.S. dollar pulled back, nearly wiping out gains from the prior two sessions as traders reassessed the outlook for interest rates. Meanwhile, Treasury yields dropped, with the 30-year note falling to 4.92% and the 10-year yield easing to 4.42%.
Federal Reserve Chair Jerome Powell met with Trump at the White House, the Fed confirmed.
The meeting focused on recent economic developments, including inflation, employment and growth. Powell reiterated that the Fed&#8217;s policy path would remain dependent on incoming data but refrained from commenting on future rate decisions.
Gold climbed 1.1% to $3,320 per ounce, buoyed by lower yields and dollar weakness. Meanwhile, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell below $107,000, giving up recent gains as risk appetite moderated in crypto markets.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Major Indices </td>
<td>Price</td>
<td>1-day %Chg</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>21,414.87</td>
<td>0.5%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,906.48</td>
<td>0.3%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,069.76</td>
<td>0.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>42,091.08</td>
<td>0.0%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:55 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul class="wp-block-list">
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) inched 0.3% up to $589.37.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) eased 0.1% to $420.98.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rose 0.4% to $520.87.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) flattened at $205.62.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 0.4%; the&nbsp;Communication Services&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>) lagged, down 1.1%.</li>
</ul>
<h3 class="wp-block-heading">Thursday&#8217;s Stock Movers</h3>
<ul class="wp-block-list">
<li>Shares of E.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) surged 26% Thursday afternoon, following the company&#8217;s announcement of its acquisition of lifestyle cosmetics brand Rhode.</li>
<li>Sentinel One Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/S#NYSE">S</a>) tumbled 11% after BofA Securities downgraded&nbsp;the stock from &#8216;Buy&#8217; to &#8216;Neutral&#8217; citing &#8220;weak trends and lackluster guidance&#8221; while lowering its price target from $24 to $21. </li>
</ul>
Stocks reacting to earnings included: 
<ul class="wp-block-list">
<li>Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) down 5.42%</li>
<li>Synopsys, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNPS#NASDAQ">SNPS</a>) up 0.20%</li>
<li>Veeva Systems Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VEEV#NYSE">VEEV</a>) up 18.45%</li>
<li>Agilent Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/A#NYSE">A</a>) up 3.17%</li>
<li>HP Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPQ#NYSE">HPQ</a>) down 8.23%</li>
<li>Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) down 0.35%</li>
<li>Burlington Stores, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) down 3.22%</li>
<li>Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) down 7.90%</li>
<li>Nordson Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDSN#NASDAQ">NDSN</a>) up 5.65%</li>
<li>Hamilton Lane Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLNE#NASDAQ">HLNE</a>) down 11.21%</li>
<li>Roivant Sciences Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIV#NASDAQ">ROIV</a>) up 5.50%</li>
<li>Bath &amp; Body Works, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) down 6.24%</li>
<li>Foot Locker, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) up 0.10%</li>
</ul>
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Stocks Edge Higher After Court Stifles Trump Tariffs, Nvidia Rallies To 3-Month Highs, Bitcoin Dips Below $107K: What's Driving Markets Thursday?

Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) shares are <a href="https://www.benzinga.com/movers" target="_blank" rel="noreferrer noopener">trading lower on Thursday.</a>
The company reported second-quarter adjusted earnings per share of 35 cents, <a target="_blank" href="https://www.benzinga.com/pressreleases/25/05/n45664815/hormel-foods-reports-second-quarter-fiscal-2025-results" rel="noreferrer noopener">beating the Street view of 34 cents.</a>
Quarterly sales of $2.90 billion (+0.4% year over year) missed the analyst consensus estimate of $2.91 billion. Organic net sales were up by 1%.
Gross profit in the quarter under review decreased to $484.433 million from $503.806 million a year ago.
Also Read: <a target="_blank" href="https://www.benzinga.com/25/05/45663459/dow-dips-more-than-200-points-investor-sentiment-declines-but-fear-greed-index-remains-in-greed-zone" rel="noreferrer noopener">Dow Dips More Than 200 Points; Investor Sentiment Declines, But Fear &amp; Greed Index Remains In &#8216;Greed&#8217; Zone</a>
International segment profit decreased as a temporary shift in export customer mix and <a href="https://s204.q4cdn.com/636391999/files/doc_earnings/2025/q2/supplemental-info/q2-earnings-supplemental-deck.pdf" target="_blank" rel="noreferrer noopener">softness </a>in Brazil primarily offset meaningful net sales growth.
Retail sales inched lower by 0.3% year over year to $1.783 billion, Food service sales gained 0.5% year over year to $936.44 million, and International sales gained 7% to $178.53 million.
Adjusted operating income in the quarter under review was $264.90 million, lower than $275.91 million. Adjusted Operating Margin in the quarter under review decreased to 9.1% from 9.6% in the year-ago period.
The company exited the quarter with cash and equivalents worth $669.69 million.
Inventories surged to $1.729 billion from $1.576 billion at the end of Oct. 27, 2024.
&#8220;We anticipate strong second-half growth,&#8221; said CEO Jim Snee, highlighting contributions from the turkey portfolio, continued momentum in the Planters brand, growth from leading positions in the marketplace, and ongoing benefits from Transform and Modernize.
Outlook: Hormel Foods narrowed its FY2025 adjusted EPS guidance to $1.58–$1.68 from the prior range of $1.58–$1.72, compared to the $1.61 estimate.
The company raised its FY2025 sales outlook to $12 billion–$12.20 billion from $11.90 billion–$12.20 billion, versus the $12.12 billion estimate.
HRL Price Action: Hormel shares are trading lower by 0.92% to $29.77 at publication on Thursday.
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Photo: Viewimage via Shutterstock

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Hormel Foods Q2 Earnings Miss Estimates Amid Margin Pressure, Softness In Brazil And More

Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) narrows FY2025 GAAP EPS guidance from $1.49-$1.63 to $1.49-$1.59 vs $1.54 analyst estimate..

Hormel Foods Narrows FY2025 GAAP EPS Guidance from $1.49-$1.63 to $1.49-$1.59 vs $1.54 Est; Company Reaffirms Outlook Of YoY T&M Benefits In The Range Of $100M-$150M

U.S. stock futures jumped on Thursday after ending lower on Wednesday. Futures of major benchmark indices rose over 1% in premarket.
A federal court has<a href="https://www.benzinga.com/news/25/05/45660322/trump-tariffs-struck-down-by-federal-court-major-blow-to-white-houses-trade-strategy-report"> invalidated global tariffs</a> enacted by President Donald Trump under the International Emergency Economic Powers Act, a move that could reshape future U.S. trade policy. 
The U.S. Court of International Trade&#8217;s decision challenged the extensive tariff authority previously wielded by the Trump administration and may impact ongoing trade strategies.
A three-judge panel, with appointees from the Reagan, Obama, and Trump eras, ruled that the IEEPA doesn&#8217;t give the president unlimited power to impose tariffs.
The Trump administration filed an appeal against the ruling in minutes, according to a Reuters report.
Meanwhile, the 10-year Treasury bond yielded 4.52% and the two-year bond was at 4.03%. The CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>&#8216;s projections show markets pricing a 97.7% likelihood of the Federal Reserve keeping the current interest rates unchanged in its June meeting. 
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>1.12%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>1.54%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>1.95%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1.92%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, jumped in premarket on Thursday. The SPY was up 1.51% to $596.62, while the QQQ advanced 1.96% to $529.09, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From Last Session:
U.S. stocks closed lower on Wednesday, with the Dow Jones dropping over 200 points, as rising Treasury yields countered Tuesday&#8217;s trade optimism.
All S&amp;P 500 sectors ended in the red, with utilities, materials, and energy stocks experiencing the most significant declines.
In retail, Macy&#8217;s Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) adjusted its annual forecast downward, citing impacts from tariffs, a slight dip in consumer discretionary spending, and an intensified promotional environment.
Conversely, Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) delivered stronger-than-expected first-quarter earnings. Economic data showed the composite manufacturing index in the U.S. Fifth District improving to -9 in May from -13 in April.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-0.51%</td>
<td>19,100.94</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-0.56%</td>
<td>5,888.55</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.58%</td>
<td>42,098.70</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-1.08%</td>
<td>2,067.80</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
After the Federal Court struck down Trump&#8217;s tariffs, Craig Shapiro, a macro strategist at the Bear Traps Report, said that &#8220;Without tariff revenues, there is a big beautiful hole in the big beautiful budget bill.&#8221;
This implied the administration&#8217;s promise to fund the deficit created by the tax bill through tariff revenue and the Department of Government Efficiency savings.
Shapiro&#8217;s post highlights a budget crisis that could be triggered by the removal of tariff revenue.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Without tariff revenues, there is a big beautiful hole in the big beautiful budget bill Are the bond vigilantes with us in the room?
&mdash; Craig Shapiro (@ces921) <a href="https://twitter.com/ces921/status/1927891799596523725?ref_src=twsrc%5Etfw">May 29, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Bob Elliott, CIO at Unlimited Funds, highlighted an <a href="https://www.benzinga.com/general/market-summary/25/05/45641879/stock-market-is-pricing-a-never-before-seen-divergence-as-equities-and-bonds-run-it-hot-amid-gloomy-outlook-by-bottom-up-analysts">unprecedented "divergence"</a> which he has "never seen" in his professional career outside of typical cyclical bottoms. 
According to him, despite the seemingly extreme market optimism, the perspective from professionals analyzing data from the ground up painted a far more subdued picture.
He explained that aggressive market pricing stands in stark contrast to the pessimistic views held by bottom-up analysts, companies, and economists.
Elliott highlighted in an X thread that corporate earnings revisions for U.S. large-cap companies have notably collapsed, reaching their weakest point since the COVID-19 pandemic. Global earnings revisions also remain quite subdued, despite a marginal recent uptick in negativity.
Projections for 2025 earnings growth, which are typically skewed positively until just before the period, are currently penciled in at a mere 7%.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Stock and bond markets are all in on the &quot;run it hot&quot; trade. But this market pricing is in sharp contrast to the bottoms up view of companies, analysts, and economists all of which remain quite pessimistic. Thread.
&mdash; Bob Elliott (@BobEUnlimited) <a href="https://twitter.com/BobEUnlimited/status/1927666792022884672?ref_src=twsrc%5Etfw">May 28, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep an eye on Thursday:
<ul class="wp-block-list">
<li>The initial jobless claims for the week ending May 24 and the first quarter revised GDP data will be out by 8:30 a.m. ET.</li>
<li>Richmond Fed President Tom Barkin will speak at 8:30 a.m. ET.</li>
<li>Pending home sales data for April will be released by 10:00 a.m. ET.</li>
<li>Chicago Fed President Austan Goolsbee will speak at 10:40 a.m., Fed Governor Adriana Kugler will speak at 2:00 p.m., San Francisco Fed President Mary Daly will speak at 4:00 p.m., and Dallas Fed President Lorie Logan will speak at 8:45 p.m. ET.</li>
</ul>
Stocks In Focus:
<ul class="wp-block-list">
<li>Best Buy Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) jumped 5.01% in premarket on Thursday as analysts expect it to report quarterly earnings of $1.31 per share on revenue of $9.22 billion, before the opening bell.</li>
<li>Hormel Foods Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) was 0.30% lower ahead of its earnings, which are supposed to be released before the opening bell. Analysts expect earnings of 34 cents per share on revenue of $2.91 billion.</li>
<li>Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) was up 2.27% as analysts expect it to report quarterly earnings of 80 cents per share on revenue of $13.15 billion, after the closing bell.</li>
<li>Costco Wholesale Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) was 0.48% higher ahead of its earnings, which are supposed to be released after the closing bell. Analysts expect earnings of $4.24 per share on revenue of $63.19 billion.</li>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) surged 5.10% after reporting first-quarter revenue of $44.1 billion, up 69% year-over-year and up 12% from the fourth quarter. The revenue beat a Street consensus estimate of $43.2 billion. Nvidia reported adjusted earnings of 81 cents per share in the first quarter.</li>
<li>C3.ai Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AI#NYSE">AI</a>) surged 17.29% after reporting better-than-expected fourth quarter results on Wednesday.</li>
<li>Salesforce Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) was up 1.72% after delivering strong results and continuing to place its bets on the multitrillion-dollar opportunity arising from the digital labor revolution.</li>
<li>Abercrombie &amp; Fitch Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) advanced 2.63% after a strong set of earnings and guidance. The company said that it would not hike prices despite a $50 million cost incurred because of tariffs.</li>
</ul>
Commodities, Gold, And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 1.34% to hover around $62.67 per barrel.
Gold Spot US Dollar fell 0.28% to hover around $3,279.89 per ounce. Its last record high stood at $3,500.33 per ounce. The U.S. Dollar Index spot was higher by 0.14% at the 100.0170 level.
Asian markets closed higher on Thursday as South Korea's Kospi, China&#8217;s CSI 300, India's S&amp;P BSE Sensex, Japan's Nikkei 225, Australia's ASX 200, and Hong Kong's Hang Seng indices rose. European markets were mixed in early trade.
Read Next:
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Photo courtesy: godongphoto / Shutterstock.com

Market Summary

Futures

US Stocks Likely To Open Higher After Federal Court Blocks Trump's Tariffs: 'Without Tariff Revenues, There Is A Big Beautiful Hole In The Big Beautiful Budget Bill,' Says Expert

Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) narrows FY2025 Adj EPS guidance from $1.58-$1.72 to $1.58-$1.68 vs $1.61 analyst estimate. Raises FY2025 sales outlook from $11.90 billion-$12.20 billion to $12.00 billion-$12.20 billion vs $12.12 billion estimate.

Hormel Foods Narrows FY2025 Adj EPS Guidance from $1.58-$1.72 to $1.58-$1.68 vs $1.61 Est; Raises FY2025 Sales Guidance from $11.90B-$12.20B to $12.00B-$12.20B vs $12.12B Est

Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) narrows FY2025 Adj EPS guidance from $1.58-$1.72 to $1.58-$1.68 vs $1.61 analyst estimate..

Hormel Foods Narrows FY2025 Adj EPS Guidance from $1.58-$1.72 to $1.58-$1.68 vs $1.61 Est

Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) reported quarterly earnings of $0.35 per share which beat the analyst consensus estimate of $0.34 by 2.94 percent. This is a 7.89 percent decrease over earnings of $0.38 per share from the same period last year. The company reported quarterly sales of $2.90 billion which missed the analyst consensus estimate of $2.91 billion by 0.30 percent. This is a 0.38 percent increase over sales of $2.89 billion the same period last year.

Earnings Beats

Earnings Misses

Hormel Foods Q2 Adj. EPS $0.35 Beats $0.34 Estimate, Sales $2.90B Miss $2.91B Estimate

The CNN Money Fear and Greed index showed a decline in the overall market sentiment, while the index remained in the &#8220;Greed&#8221; zone on Wednesday.
U.S. stocks settled lower on Wednesday, with the Dow Jones falling more than 200 points during the session. After a sharp Tuesday rally fueled by optimism over improved U.S.-EU trade ties, Wall Street stalled as rising Treasury yields reasserted pressure.
Macy&#8217;s Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/M#NYSE">M</a>) on Wednesday revised its annual outlook on initial and current tariffs, some moderation in consumer discretionary spending, and a heightened competitive promotional landscape. Abercrombie &amp; Fitch Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ANF#NYSE">ANF</a>) reported better-than-expected first-quarter earnings on Wednesday.
On the economic data front, the composite manufacturing index in the US Fifth District rose to -9 in May compared to -13 in April.
All sectors on the S&amp;P 500 closed on a negative note, with utilities, materials and energy stocks recording the biggest losses on Wednesday.
The Dow Jones closed lower by around 245 points to 42,098.70 on Wednesday. The S&amp;P 500 fell 0.56% to 5,888.55, while the Nasdaq Composite declined 0.51% at 19,100.94 during Wednesday's session.
Investors are awaiting earnings results from Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>), Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) and Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) today.
At a current reading of 64.5, the index remained in the &#8220;Greed&#8221; zone on Wednesday, versus a prior reading of 65.3.
What is CNN Business Fear &amp; Greed Index?
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
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Dow Dips More Than 200 Points; Investor Sentiment Declines, But Fear & Greed Index Remains In 'Greed' Zone

<h3>Companies Reporting Before The Bell</h3>
• Li Auto (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LI#NASDAQ">LI</a>) is expected to report earnings for its first quarter. 
• SpartanNash (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPTN#NASDAQ">SPTN</a>) is expected to report quarterly earnings at $0.43 per share on revenue of $2.86 billion. 
• Hamilton Lane (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HLNE#NASDAQ">HLNE</a>) is likely to report quarterly earnings at $1.17 per share on revenue of $170.69 million. 
• Kohl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) is expected to report quarterly loss at $0.22 per share on revenue of $3.06 billion. 
• Movado Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOV#NYSE">MOV</a>) is expected to report quarterly earnings at $0.39 per share on revenue of $142.11 million. 
• Build-A-Bear Workshop (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBW#NYSE">BBW</a>) is likely to report quarterly earnings at $0.87 per share on revenue of $118.90 million. 
• Caleres (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAL#NYSE">CAL</a>) is expected to report quarterly earnings at $0.37 per share on revenue of $622.05 million. 
• Foot Locker (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FL#NYSE">FL</a>) is projected to report quarterly earnings at $0.14 per share on revenue of $1.89 billion. 
• Futu Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FUTU#NASDAQ">FUTU</a>) is likely to report earnings for its first quarter. 
• American Woodmark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMWD#NASDAQ">AMWD</a>) is likely to report quarterly earnings at $1.42 per share on revenue of $426.24 million. 
• Bath &amp; Body Works (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBWI#NYSE">BBWI</a>) is estimated to report quarterly earnings at $0.47 per share on revenue of $1.42 billion. 
• BRP (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DOOO#NASDAQ">DOOO</a>) is estimated to report quarterly earnings at $0.29 per share on revenue of $1.23 billion. 
• Best Buy Co (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) is expected to report quarterly earnings at $1.09 per share on revenue of $8.82 billion. 
• Burlington Stores (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BURL#NYSE">BURL</a>) is projected to report quarterly earnings at $1.43 per share on revenue of $2.53 billion. 
• Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) is projected to report quarterly earnings at $0.34 per share on revenue of $2.90 billion. 
• Royal Bank of Canada (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RY#NYSE">RY</a>) is likely to report quarterly earnings at $2.25 per share on revenue of $11.20 billion. 
• Canadian Imperial Bank (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CM#NYSE">CM</a>) is projected to report quarterly earnings at $1.34 per share on revenue of $5.01 billion. 
• Aurora Mobile (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JG#NASDAQ">JG</a>) is projected to report earnings for its first quarter. 
• Diana Shipping (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DSX#NYSE">DSX</a>) is expected to report earnings for its first quarter. 
• Roivant Sciences (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROIV#NASDAQ">ROIV</a>) is estimated to report quarterly loss at $0.16 per share on revenue of $62.17 million. 
• Sound Point Meridian Capital, Inc. Common Stock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPMC#NYSE">SPMC</a>) is expected to report quarterly earnings at $0.60 per share on revenue of $20.48 million. 
• Destination XL Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DXLG#NASDAQ">DXLG</a>) is projected to report quarterly loss at $0.06 per share on revenue of $103.50 million. 
• Alarum Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) is projected to report quarterly earnings at $0.01 per share on revenue of $7.31 million. 
• BOS Better Online Solns (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BOSC#NASDAQ">BOSC</a>) is estimated to report earnings for its first quarter. 
<h3>Companies Reporting After The Bell</h3>
• Universal (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UVV#NYSE">UVV</a>) is estimated to report earnings for its fourth quarter. 
• Costco Wholesale (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) is expected to report quarterly earnings at $4.21 per share on revenue of $62.85 billion. 
• American Eagle Outfitters (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEO#NYSE">AEO</a>) is estimated to report quarterly earnings at $0.11 per share on revenue of $1.08 billion. 
• Dell Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) is projected to report quarterly earnings at $1.67 per share on revenue of $23.15 billion. 
• Elastic (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ESTC#NYSE">ESTC</a>) is likely to report quarterly earnings at $0.39 per share on revenue of $374.15 million. 
• Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) is likely to report quarterly earnings at $5.77 per share on revenue of $2.81 billion. 
• Red Robin Gourmet Burgers (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RRGB#NASDAQ">RRGB</a>) is estimated to report quarterly loss at $0.51 per share on revenue of $388.55 million. 
• PagerDuty (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PD#NYSE">PD</a>) is projected to report quarterly earnings at $0.19 per share on revenue of $118.98 million. 
• NGL Energy Partners (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NGL#NYSE">NGL</a>) is projected to report earnings for its fourth quarter. 
• Gap (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GAP#NYSE">GAP</a>) is likely to report quarterly earnings at $0.43 per share on revenue of $3.41 billion. 
• Zscaler (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZS#NASDAQ">ZS</a>) is expected to report quarterly earnings at $0.76 per share on revenue of $667.15 million. 
• NetApp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTAP#NASDAQ">NTAP</a>) is expected to report quarterly earnings at $1.90 per share on revenue of $1.72 billion. 
• Ambarella (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMBA#NASDAQ">AMBA</a>) is expected to report quarterly earnings at $0.04 per share on revenue of $84.01 million. 
• UiPath (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) is expected to report quarterly earnings at $0.10 per share on revenue of $332.81 million. 
• Cooper Companies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COO#NASDAQ">COO</a>) is likely to report quarterly earnings at $0.93 per share on revenue of $995.81 million. 
• Marvell Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) is estimated to report quarterly earnings at $0.61 per share on revenue of $1.88 billion. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ALAR

AMBA

AMWD

BOSC

DOOO

DXLG

ESTC

FUTU

MRVL

NTAP

PATH

RRGB

SPMC

SPTN

ULTA

Earnings Scheduled For May 29, 2025

With U.S. stock futures trading higher this morning on Thursday, some of the stocks that may grab investor focus today are as follows:
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<li>Wall Street expects Best Buy Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBY#NYSE">BBY</a>) to report quarterly earnings at $1.31 per share on revenue of $9.22 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Best Buy shares gained 5.7% to $75.60 in pre-market trading.</li>
<li>Analysts are expecting Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) to post quarterly earnings at 34 cents per share on revenue of $2.91 billion. The company will release earnings before the markets open. Hormel Foods shares fell 0.5% to close at $30.04 on Wednesday.</li>
<li>NVIDIA Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) reported first-quarter revenue of $44.1 billion, up 69% year-over-year and up 12% from the fourth quarter. The revenue beat a Street consensus estimate of $43.2 billion. Nvidia reported adjusted earnings of 81 cents per share in the first quarter. Nvidia said it sees second-quarter revenue of $45.0 billion, +/- 2%. The guidance includes the loss of $8.0 billion in H20 revenue due to the export controls. Nvidia shares gained 5% to $141.61 in the pre-market trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
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<li>After the markets close, Dell Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DELL#NYSE">DELL</a>) is projected to report quarterly earnings at 80 cents per share on revenue of $13.15 billion. Dell shares gained 2.4% to $116.50 in pre-market trading.</li>
<li>Analysts expect Costco Wholesale Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COST#NASDAQ">COST</a>) to report quarterly earnings at $4.24 per share on revenue of $63.19 billion after the closing bell. Costco shares fell 0.5% to close at $1,013.14 on Wednesday.</li>
</ul>
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Nvidia, Best Buy And 3 Stocks To Watch Heading Into Thursday

Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) will release its quarterly earnings report on Thursday, 2025-05-29. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Hormel Foods to report an earnings per share (EPS) of $0.35.
The announcement from Hormel Foods is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
<h3>Overview of Past Earnings</h3>
The company's EPS missed by $0.03 in the last quarter, leading to a 0.88% increase in the share price on the following day.
Here's a look at Hormel Foods's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q1 2025</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.38</td>
<td>0.42</td>
<td>0.36</td>
<td>0.36</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.35</td>
<td>0.42</td>
<td>0.37</td>
<td>0.38</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>3.0%</td>
<td>4.0%</td>
<td>1.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1748440925_0_0.png" alt="eps graph" />
<h3>Hormel Foods Share Price Analysis</h3>
Shares of Hormel Foods were trading at $30.2 as of May 27. Over the last 52-week period, shares are down 1.36%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. 
<h3>Insights Shared by Analysts on Hormel Foods</h3>
Understanding market sentiments and expectations within the industry is crucial for investors. This analysis delves into the latest insights on Hormel Foods.
A total of 2 analyst ratings have been received for Hormel Foods, with the consensus rating being Neutral. The average one-year price target stands at $33.0, suggesting a potential 9.27% upside.
<h3>Analyzing Analyst Ratings Among Peers</h3>
In this comparison, we explore the analyst ratings and average 1-year price targets of and Hormel Foods, three prominent industry players, offering insights into their relative performance expectations and market positioning.
<h3>Snapshot: Peer Analysis</h3>
The peer analysis summary offers a detailed examination of key metrics for and Hormel Foods, providing valuable insights into their respective standings within the industry and their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Hormel Foods</td>
<td>Neutral</td>
<td>-0.27%</td>
<td>$475.23M</td>
<td>2.13%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Hormel Foods ranks in the middle among its peers for consensus rating. It is at the bottom for revenue growth, indicating a slight decline. The company is at the top for gross profit, showing strong financial performance. However, it ranks lower for return on equity compared to its peers.
<h3>Get to Know Hormel Foods Better</h3>
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.
<h3>Hormel Foods: Financial Performance Dissected</h3>
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Negative Revenue Trend: Examining Hormel Foods's financials over 3 months reveals challenges. As of 31 January, 2025, the company experienced a decline of approximately -0.27% in revenue growth, reflecting a decrease in top-line earnings. When compared to others in the Consumer Staples sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: Hormel Foods's net margin excels beyond industry benchmarks, reaching 5.71%. This signifies efficient cost management and strong financial health.
Return on Equity (ROE): Hormel Foods's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 2.13%, the company may face hurdles in generating optimal returns for shareholders.
Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 1.27%, the company showcases effective utilization of assets.
Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.36.
<a href="https://www.benzinga.com/quote/HRL/earnings">To track all earnings releases for Hormel Foods visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Earnings Preview For Hormel Foods

Stephens &amp; Co. analyst Pooran Sharma reiterates Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) with a Equal-Weight and maintains $31 price target.

Price Target

Reiteration

Stephens & Co. Reiterates Equal-Weight on Hormel Foods, Maintains $31 Price Target

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hormel Foods, Hershey, and Horace Mann Educators have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of over 3%.
Hormel Foods
Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the U.S. and internationally.
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Hormel Foods has increased its dividends consecutively for the last 59 years. In its most recent dividend hike announcement on Nov. 25, its board raised the quarterly payout by 3% to $0.29 per share, which is equal to an annual figure of $1.16 per share. More recently, in its March 24 dividend announcement, the company kept the payout unchanged at that level. Currently, the dividend yield is 3.82%.
Hormel Foods' annual revenue as of Jan. 31 stood at $11.91 billion. In its latest earnings release on Feb. 27, the company posted Q1 2025&nbsp; revenues of $2.99 billion, above the consensus estimate of $2.93 billion, while EPS of $0.35 missed the consensus of $0.38.
How much would it take to earn $100 a month from Hormel Foods stock? Check out this <a href="https://www.benzinga.com/markets/25/01/43077758/how-much-would-it-take-to-earn-100-a-month-from-hormel-foods-stock">article by Benzinga</a> to learn more.
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Hershey
Hershey Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HSY#NYSE">HSY</a>) manufactures and sells confectionery products and pantry items in the U.S. and internationally.
Hershey has raised its dividends every year for the last 15 years. In its latest dividend hike announcement on Feb. 8, 2024, the company increased the quarterly payout from $1.19 to $1.37 per share, equal to an annual figure of $5.48 per share. More recently, in its dividend announcement on Feb. 6, it maintained the payout at the same level. The dividend yield on the stock currently stands at 3.29%.
Hershey's annual revenue as of Dec. 31 stood at $11.20 billion. In its Q4 2024 earnings release on Feb. 6, the company posted revenues of $2.89 billion and EPS of $2.69. Both figures beat the consensus estimates.
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Horace Mann Educators
Horace Mann Educators (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMN#NYSE">HMN</a>) operates as an insurance holding company in the U.S.&nbsp;
The company has increased its dividends consecutively for the last 15 years. As per its most recent dividend hike announcement on March 3, it raised the quarterly payout by 3% to $0.35 per share, equaling an annual figure of $1.40 per share. Currently, the dividend is 3.60%.
Horace Mann Educators' annual revenue as of Dec. 31 stood at $1.55 billion. In its Q4 2024 earnings release on Feb. 5, the company posted revenues of $409 million, below the consensus estimate of $418.33 million, while EPS of $1.62 beat the consensus of $1.03.
Hormel Foods, Hershey, and Horace Mann Educators are good choices for investors seeking reliable passive income. Their dividend yields of over 3% and long history of consistent hikes make them attractive to income-focused investors.
Check out this <a href="https://www.benzinga.com/personal-finance/25/04/44890180/why-hp-altria-and-terreno-realty-are-winners-for-passive-income">article by Benzinga</a> for three more stocks offering high dividend yields.&nbsp;
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Personal Finance

How Hormel Foods, Hershey, And Horace Mann Educators Can Put Cash In Your Pocket

Government health agencies are pushing forward an <a target="_blank" href="https://www.fda.gov/news-events/press-announcements/hhs-fda-phase-out-petroleum-based-synthetic-dyes-nations-food-supply" rel="noreferrer noopener">overhaul of food additive rules</a> to remove petroleum-based artificial dyes from products sold in the U.S.
The effort, revealed on Wednesday, falls under health secretary&nbsp;Robert F. Kennedy Jr's larger "Make America Healthy Again" plan, which seeks to boost national health by tightening dietary guidelines.
The U.S. Food and Drug Administration (FDA) and the Department of Health and Human Services introduced a roadmap outlining the shift toward plant-based food colorings across the industry.
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"For too long, some food producers have been feeding Americans petroleum-based chemicals without their knowledge or consent," said HHS Secretary Robert F. Kennedy, Jr.
"These poisonous compounds offer no nutritional benefit and pose real, measurable dangers to our children's health and development. That era is coming to an end.
As part of the plan, approvals for two synthetic dyes, Citrus Red No. 2 and Orange B, will be rescinded in the coming months.
Regulators are coordinating with manufacturers to eliminate six commonly used food colorings: FD&amp;C Red No. 40, FD&amp;C Yellow Nos. 5 and 6, FD&amp;C Green No. 3, and FD&amp;C Blue Nos. 1 and 2 by the end of next year.
The FDA also encouraged companies to retire FD&amp;C Red No. 3 ahead of the current 2027-2028 target. To support a seamless shift, the agency intends to authorize four new naturally derived color additives in the near future.
It is also speeding up the evaluation process for substitutes such as butterfly pea flower extract, Galdieria blue, gardenia blue, and calcium phosphate. In addition, updated regulatory guidelines are being developed to assist manufacturers in meeting the new requirements.
In collaboration with the National Institutes of Health (NIH), the FDA will undertake a broad research effort to assess how food dyes influence children's development and well-being.
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B of A Securities upgrades Hormel Foods (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) from Underperform to Neutral and raises the price target from $29 to $35.

Upgrades

B of A Securities Upgrades Hormel Foods to Neutral, Raises Price Target to $35

BofA Securities analysts Bryan D. Spillane, Lisa K. Lewandowski and Peter T. Galbo have put forward on Tuesday their research findings on consumer staple companies in the face of a potential recession.
The analysts said consumer staples have historically outperformed the S&amp;P 500 in most recent recessions, suggesting a defensive edge.
However, the analysts warned that current conditions, such as lingering high prices and weak volume growth, may limit their resilience in a future downturn.
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Still, their limited exposure to new tariffs could make the sector more appealing than others, potentially helping sustain valuation multiples.
During recessions, the Consumer Staples sector stock prices are primarily influenced by earnings per share (EPS) rather than sales growth.
Analysis shows that forward EPS estimates account for over 90% of stock price movement across key subsectors like Beverages, Household &amp; Personal Care (HPC), Packaged Food, and Tobacco, with the correlation being the tightest Beverages and HPC.
The analysts noted that this highlights the critical importance of earnings strength when evaluating stock performance in uncertain economic conditions.
A review of six past recessions reveals that certain Consumer Staples stocks consistently outperformed the S&amp;P 500.
Campbell Soup Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CPB#NYSE">CPB</a>), Colgate-Palmolive Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CL#NYSE">CL</a>), General Mills Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GIS#NYSE">GIS</a>), McCormick &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MKC#NYSE">MKC</a>), PepsiCo Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>), and Hormel Foods Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) each posted a 100% success rate in outperforming the index during those downturns.
In the last four recessions with the most comprehensive data, McCormick, General Mills, and Church &amp; Dwight Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHD#NYSE">CHD</a>) delivered the strongest relative performance.
Top-performing Consumer Staples stocks in a potential downturn will likely share three traits: profit flexibility to offset revenue pressure and rising costs, strong U.S. manufacturing presence to limit tariff-related inflation, and solid balance sheets capable of sustaining share buybacks to boost earnings per share.
Analysts see McCormick, Coca-Cola Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KO#NYSE">KO</a>) and Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) as well-defended, with Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>), Molson Coors Beverage Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAP#NYSE">TAP</a>) and Altria Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MO#NYSE">MO</a>) in the next tier of potential outperformers.
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Image via Shutterstock

This Beverage Maker, Tobacco Company And Packaged Food Giant Outshine In A Recession

Companies with a long history of paying dividends and consistently hiking them remain appealing to income-focused investors. Hormel Foods, ALLETE, and Alliant Energy have rewarded shareholders for years and recently announced dividend increases. These companies currently offer dividend yields of around 3-4%.
Hormel Foods
Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the U.S. and internationally.
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<li>Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die."<a href="https://www.benzinga.com/money/warren-buffet-make-money-when-you-sleep"> Here&#8217;s how you can earn passive income with just $100.</a></li>
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Hormel Foods has raised its dividends every year for the last 59 years. In its most recent dividend hike announcement on Nov. 25, the company's board increased the quarterly payout by 3% to $0.29 per share, equal to an annual figure of $1.16 per share. Currently, the dividend yield stands at 4.03%.
Hormel Foods&#8217; annual revenue as of Jan. 31 stood at $11.91 billion. In its Q1 2025 earnings release on Feb. 27, the company posted revenues of $2.99 billion, beating the consensus estimate of $2.93 billion, while EPS of $0.35 came in below the consensus of $0.38.&nbsp;
Trending: It&#8217;s no wonder Jeff Bezos holds over $250 million in art — <a href="https://www.benzinga.com/money/masterworks">this alternative asset has outpaced the S&amp;P 500 since 1995, delivering an average annual return of 11.4%. Here&#8217;s how everyday investors are getting started.</a>
ALLETE
ALLETE (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALE#NYSE">ALE</a>) operates as an energy company in two segments, Regulated Operations and ALLETE Clean Energy. It generates electricity from coal-fired, biomass co-fired/natural gas, hydro, wind, and solar.
The company has increased its dividends consecutively for the last 14 years. According to its most recent dividend hike announcement on Jan. 30, its board raised the quarterly payout by 3.5% to $0.73, equaling an annual figure of $2.92 per share. Currently, the dividend yield on the stock is 4.46%.
ALLETE's annual revenue as of Dec. 31 stood at $1.53 billion. In its most recent earnings release on Feb. 13, the company posted Q4 2024 revenues of $364.80 million and EPS of $0.87. Both figures came in below expectations.
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Alliant Energy
Alliant Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LNT#NASDAQ">LNT</a>) operates as a utility holding company that provides regulated electric and natural gas services in the U.S.
The company has raised its dividends every year for the last 21 years. In its most recent dividend announcement on Jan. 17, the company increased the quarterly payout from $0.48 to $0.5075 per share, equal to an annual figure of $2.03 per share. The current dividend yield is 3.27%.
Alliant Energy&#8217;s annual revenue as of Dec. 31 stood at $3.98 billion. As per the company&#8217;s Q4 2024 earnings release on Feb. 20, it posted revenues of $976 million and EPS of $0.70, both coming in above the consensus estimates.
How is the market feeling about Alliant Energy? Check out this <a href="https://www.benzinga.com/insights/short-sellers/25/01/43335293/how-is-the-market-feeling-about-alliant-energy">article by Benzinga</a> to learn more.
Hormel Foods, ALLETE, and Alliant Energy are good choices for investors seeking reliable passive income. Their dividend yields of around 3-4% and long history of consistent hikes make them attractive to income-focused investors.
Check out this <a href="https://www.benzinga.com/personal-finance/25/03/44450148/why-pepsico-restaurant-brands-and-fifth-third-bancorp-are-winners-for-passive-income">article by Benzinga</a> for three more stocks offering high dividend yields.
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How Hormel Foods, ALLETE, And Alliant Energy Can Put Cash In Your Pocket

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CALM

Shares of consumer staples stocks are trading higher. Strength in the sector may be due to defensive rotation as investors assess tariff uncertainty and recent economic data.

Hormel Foods Exec Says Will Take Pricing Actions On Turkey Products After Turkey Illness, Supply Chain Pressures

Hormel Foods Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HRL#NYSE">HRL</a>) shares are <a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">trading higher in the premarket session on Thursday.</a>
The company reported <a href="https://s204.q4cdn.com/636391999/files/doc_earnings/2025/q1/earnings-result/hormel-earnings-release-q4-2024.pdf" target="_blank" rel="noreferrer noopener">first-quarter</a> adjusted earnings per share of 35 cents, missing the street view of 38 cents. Quarterly sales of $2.99 billion outpaced the analyst consensus estimate of $2.93 billion. Net sales fell 0.2% year over year, while organic sales rose by 1%.
Adjusted operating margin in the quarter under review contracted to 8.5% from 9.8%. Gross profit in the quarter under review decreased to $475.232 million from $508.733 million a year ago.
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&#8220;In Retail, flagship and rising brands such as SPAM, Applegate, Hormel Black Label, and Jennie-O grew volume while gaining share in their respective categories,&#8221; said Jim Snee, president and chief executive officer.
&#8220;We are pleased with the significant, sequential market recovery&nbsp;the&nbsp;Planters&nbsp;business delivered in the&nbsp;first quarter&nbsp;and expect continued improvements from the brand. However, as anticipated, the&nbsp;first quarter&nbsp;was pressured as we continued to recover from the snack nuts supply disruption and lapped a full year of whole bird turkey market compression,&#8221; said Snee.&nbsp;
Hormel Foods exited the quarter with cash and equivalents worth $866.4 million, while long-term debt (less current maturities) contracted slightly to $2.850 billion.
Outlook: Hormel Foods reiterated FY25 revenue outlook between $11.9 billion and $12.2 billion, compared with the $12.08 billion estimate. The company expects adjusted EPS to range from $1.58 to $1.72, <a href="https://www.benzinga.com/calendars/guidance">compared to the $1.64 estimate.</a>
Price Action: HRL shares are trading higher by 1.01% to $29.02 premarket at last check Thursday.
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Hormel Foods Q1 Earnings: Organic Sales Edge Higher, EPS Misses, FY25 Outlook Intact And More

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Jeff Baker Named Group Vice President for Retail Marketing at Hormel Foods

Dividends

Hormel Foods Corporation Declares Quarterly Dividend

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From Campus to Career: Hormel Foods Welcomes 95 Interns for Transformative Summer Experience

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