Hormel Foods Launches 2026 Food Heroes Nominations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2026
0mins
Should l Buy HRL?
Source: PRnewswire
- Nomination Launch: Hormel Foods is now accepting nominations for the 2026 class of 10 Under 20 Food Heroes, aimed at recognizing young individuals under 20 who contribute to sustainable food systems and encourage long-term impact through their projects.
- Nomination Process: Candidates can nominate themselves or be nominated by mentors, teachers, family members, or community members, with successful applicants required to provide their project's mission and the number of people helped, with nominations open until June 5, 2026.
- Honoree Support: Selected Food Heroes will receive $2,500 in funding, an invitation to a recognition event at Hormel Foods' headquarters, and opportunities for professional growth through engagement with company leadership, enhancing future internship prospects.
- Impact Expansion: The program has spotlighted young leaders making strides in food security, with past honorees launching community gardens and food waste reduction apps, inspiring national audiences and showcasing the positive impact of youth on society.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy HRL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on HRL
Wall Street analysts forecast HRL stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 20.750
Low
26.00
Averages
27.40
High
30.00
Current: 20.750
Low
26.00
Averages
27.40
High
30.00
About HRL
Hormel Foods Corporation is a global-branded food company. The Company develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. It has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Hormel Foods: A Dividend King with Strong Growth Prospects
- High Dividend Yield: Hormel Foods currently boasts a 5.6% dividend yield, supported by a 59-year streak of revenue growth, and despite a 13% decline in stock price year-to-date, the company maintains stable dividend payments, indicating financial health and market confidence.
- Expected Operating Income Growth: Hormel aims to increase its operating income to between $1.06 billion and $1.12 billion by 2026 through its 'Transform and Modernize' plan, significantly up from $719 million last fiscal year, demonstrating effective asset optimization and supply chain improvements.
- Analysts Bullish on Future: With a median price target of $27 per share, Hormel's stock implies a 31% upside over the next year, reflecting analysts' optimism regarding its transformation plan and market performance.
- No-Commission Reinvestment Advantage: Hormel allows investors to reinvest dividends without incurring brokerage fees, enhancing total returns, and with its current low valuation (forward P/E ratio of 14), it presents additional profit potential, further increasing its attractiveness.
See More
Hormel Foods Corporation Announces Q2 Earnings Call Invitation
- Earnings Release Schedule: Hormel Foods Corporation plans to release its second-quarter financial results before the market opens on May 28, 2026, followed by a conference call at 8 a.m. CT (9 a.m. ET) to provide investors with insights into its financial performance and future outlook.
- Executive Participation: The call will feature interim CEO Jeff Ettinger, President John Ghingo, and interim CFO Paul Kuehneman, ensuring that investors receive direct analysis and commentary from top management regarding the financial results.
- Investor Resources: The live webcast, replay, and related information will be available on Hormel Foods' investor website, enhancing transparency and communication efficiency for investors seeking the latest financial data and company updates.
- Company Background: Based in Austin, Minnesota, Hormel Foods generates over $12 billion in annual revenue and boasts a portfolio of well-known brands such as Planters®, Skippy®, and SPAM®, while receiving numerous accolades for corporate responsibility and community service, underscoring its leadership in the food industry.
See More
Food Industry Faces Multiple Challenges
- Market Pressure: Food manufacturers are grappling with the impact of GLP-1 weight-loss drugs on eating habits, alongside consumer spending cuts due to high costs and recession fears, leading to squeezed profit margins and a notable decline in investor confidence across the sector.
- Coca-Cola's Resilience: As one of the world's largest consumer staples companies, Coca-Cola achieved a 1% volume growth and a 5% organic sales increase in 2025, with a dividend yield of 2.6%, above the market average, indicating its long-term investment appeal despite challenging market conditions.
- General Mills' Challenges: General Mills is navigating industry-wide and company-specific headwinds in fiscal 2026, with a 3% decline in organic sales; however, the company reaffirmed its full-year guidance, reflecting its commitment to realigning its brand portfolio, while offering a historically high dividend yield of 7% for aggressive investors.
- Hormel Foods' Turnaround: Hormel Foods has seen over a year of organic growth, signaling that management's turnaround efforts are gaining traction, despite ongoing earnings pressure; with a dividend yield of 5.4%, the company aligns well with current consumer trends favoring protein intake, presenting a solid long-term investment opportunity.
See More
Coca-Cola Thrives in Challenging Market Conditions
- Coca-Cola's Strong Performance: In 2025, Coca-Cola's case volume grew by 1% and organic sales increased by 5%, while in Q1 2026, case volume rose by 3% and organic sales jumped 10%, demonstrating the company's robust performance in a challenging market, attracting conservative investors.
- General Mills' Investment Year Challenges: General Mills is navigating an investment year in fiscal 2026, facing industry-wide and company-specific headwinds, with organic sales down 3%, gross margin lower by 2 percentage points, and adjusted earnings down 25%, yet the company reaffirmed its full-year guidance, indicating stability in its long-term strategy, appealing to aggressive investors.
- Hormel Foods' Turnaround Signs: Hormel Foods, after years of restructuring, is showing early signs of success with organic growth rising for over a year, despite ongoing earnings pressure, and its 5.4% high dividend yield is attracting long-term investors looking for stability.
- Overall Industry Pressures: Food manufacturers are grappling with the impact of GLP-1 weight-loss drugs on eating habits, consumer spending cuts due to high costs and recession fears, and the burden of high oil and fertilizer prices, which may squeeze profit margins in the coming quarters, contributing to a bearish sentiment among investors towards food stocks.
See More
MegaMex Launches HERDEZ Asada Line for American Homes
- New Product Launch: MegaMex Foods has introduced the HERDEZ Asada line, designed to bring the rich flavors of traditional Mexican grilling into American homes, featuring marinades, taco seasonings, and Mexican-style BBQ sauces, all priced under $4 to attract a broad consumer base.
- Exclusive Retail Partnership: This product line will be sold exclusively at Walmart, leveraging the retailer's extensive distribution network to quickly enhance brand visibility and meet consumer demand for diverse flavor options.
- Strategic Brand Positioning: Diana De Loza, Senior Director of Retail Marketing at MegaMex, stated that the aim of this launch is to capture the essence of Mexican grilling while adapting it to modern cooking practices, thereby strengthening the brand's competitive edge in the market.
- Stock Market Performance: Hormel Foods (HRL) is trading at $21.69 in pre-market hours, up 0.98% on the New York Stock Exchange, reflecting positive market sentiment towards the new product launch, which may drive future sales growth for the company.
See More
Hormel Foods Launches 2026 Food Heroes Nominations
- Nomination Launch: Hormel Foods is now accepting nominations for the 2026 class of 10 Under 20 Food Heroes, aimed at recognizing young individuals under 20 who contribute to sustainable food systems and encourage long-term impact through their projects.
- Nomination Process: Candidates can nominate themselves or be nominated by mentors, teachers, family members, or community members, with successful applicants required to provide their project's mission and the number of people helped, with nominations open until June 5, 2026.
- Honoree Support: Selected Food Heroes will receive $2,500 in funding, an invitation to a recognition event at Hormel Foods' headquarters, and opportunities for professional growth through engagement with company leadership, enhancing future internship prospects.
- Impact Expansion: The program has spotlighted young leaders making strides in food security, with past honorees launching community gardens and food waste reduction apps, inspiring national audiences and showcasing the positive impact of youth on society.
See More
Hormel Foods: A Dividend King with Strong Growth Prospects
- High Dividend Yield: Hormel Foods currently boasts a 5.6% dividend yield, supported by a 59-year streak of revenue growth, and despite a 13% decline in stock price year-to-date, the company maintains stable dividend payments, indicating financial health and market confidence.
- Expected Operating Income Growth: Hormel aims to increase its operating income to between $1.06 billion and $1.12 billion by 2026 through its 'Transform and Modernize' plan, significantly up from $719 million last fiscal year, demonstrating effective asset optimization and supply chain improvements.
- Analysts Bullish on Future: With a median price target of $27 per share, Hormel's stock implies a 31% upside over the next year, reflecting analysts' optimism regarding its transformation plan and market performance.
- No-Commission Reinvestment Advantage: Hormel allows investors to reinvest dividends without incurring brokerage fees, enhancing total returns, and with its current low valuation (forward P/E ratio of 14), it presents additional profit potential, further increasing its attractiveness.
See More
Hormel Foods Corporation Announces Q2 Earnings Call Invitation
- Earnings Release Schedule: Hormel Foods Corporation plans to release its second-quarter financial results before the market opens on May 28, 2026, followed by a conference call at 8 a.m. CT (9 a.m. ET) to provide investors with insights into its financial performance and future outlook.
- Executive Participation: The call will feature interim CEO Jeff Ettinger, President John Ghingo, and interim CFO Paul Kuehneman, ensuring that investors receive direct analysis and commentary from top management regarding the financial results.
- Investor Resources: The live webcast, replay, and related information will be available on Hormel Foods' investor website, enhancing transparency and communication efficiency for investors seeking the latest financial data and company updates.
- Company Background: Based in Austin, Minnesota, Hormel Foods generates over $12 billion in annual revenue and boasts a portfolio of well-known brands such as Planters®, Skippy®, and SPAM®, while receiving numerous accolades for corporate responsibility and community service, underscoring its leadership in the food industry.
See More
Food Industry Faces Multiple Challenges
- Market Pressure: Food manufacturers are grappling with the impact of GLP-1 weight-loss drugs on eating habits, alongside consumer spending cuts due to high costs and recession fears, leading to squeezed profit margins and a notable decline in investor confidence across the sector.
- Coca-Cola's Resilience: As one of the world's largest consumer staples companies, Coca-Cola achieved a 1% volume growth and a 5% organic sales increase in 2025, with a dividend yield of 2.6%, above the market average, indicating its long-term investment appeal despite challenging market conditions.
- General Mills' Challenges: General Mills is navigating industry-wide and company-specific headwinds in fiscal 2026, with a 3% decline in organic sales; however, the company reaffirmed its full-year guidance, reflecting its commitment to realigning its brand portfolio, while offering a historically high dividend yield of 7% for aggressive investors.
- Hormel Foods' Turnaround: Hormel Foods has seen over a year of organic growth, signaling that management's turnaround efforts are gaining traction, despite ongoing earnings pressure; with a dividend yield of 5.4%, the company aligns well with current consumer trends favoring protein intake, presenting a solid long-term investment opportunity.
See More
Coca-Cola Thrives in Challenging Market Conditions
- Coca-Cola's Strong Performance: In 2025, Coca-Cola's case volume grew by 1% and organic sales increased by 5%, while in Q1 2026, case volume rose by 3% and organic sales jumped 10%, demonstrating the company's robust performance in a challenging market, attracting conservative investors.
- General Mills' Investment Year Challenges: General Mills is navigating an investment year in fiscal 2026, facing industry-wide and company-specific headwinds, with organic sales down 3%, gross margin lower by 2 percentage points, and adjusted earnings down 25%, yet the company reaffirmed its full-year guidance, indicating stability in its long-term strategy, appealing to aggressive investors.
- Hormel Foods' Turnaround Signs: Hormel Foods, after years of restructuring, is showing early signs of success with organic growth rising for over a year, despite ongoing earnings pressure, and its 5.4% high dividend yield is attracting long-term investors looking for stability.
- Overall Industry Pressures: Food manufacturers are grappling with the impact of GLP-1 weight-loss drugs on eating habits, consumer spending cuts due to high costs and recession fears, and the burden of high oil and fertilizer prices, which may squeeze profit margins in the coming quarters, contributing to a bearish sentiment among investors towards food stocks.
See More
MegaMex Launches HERDEZ Asada Line for American Homes
- New Product Launch: MegaMex Foods has introduced the HERDEZ Asada line, designed to bring the rich flavors of traditional Mexican grilling into American homes, featuring marinades, taco seasonings, and Mexican-style BBQ sauces, all priced under $4 to attract a broad consumer base.
- Exclusive Retail Partnership: This product line will be sold exclusively at Walmart, leveraging the retailer's extensive distribution network to quickly enhance brand visibility and meet consumer demand for diverse flavor options.
- Strategic Brand Positioning: Diana De Loza, Senior Director of Retail Marketing at MegaMex, stated that the aim of this launch is to capture the essence of Mexican grilling while adapting it to modern cooking practices, thereby strengthening the brand's competitive edge in the market.
- Stock Market Performance: Hormel Foods (HRL) is trading at $21.69 in pre-market hours, up 0.98% on the New York Stock Exchange, reflecting positive market sentiment towards the new product launch, which may drive future sales growth for the company.
See More
Hormel Foods Launches 2026 Food Heroes Nominations
- Nomination Launch: Hormel Foods is now accepting nominations for the 2026 class of 10 Under 20 Food Heroes, aimed at recognizing young individuals under 20 who contribute to sustainable food systems and encourage long-term impact through their projects.
- Nomination Process: Candidates can nominate themselves or be nominated by mentors, teachers, family members, or community members, with successful applicants required to provide their project's mission and the number of people helped, with nominations open until June 5, 2026.
- Honoree Support: Selected Food Heroes will receive $2,500 in funding, an invitation to a recognition event at Hormel Foods' headquarters, and opportunities for professional growth through engagement with company leadership, enhancing future internship prospects.
- Impact Expansion: The program has spotlighted young leaders making strides in food security, with past honorees launching community gardens and food waste reduction apps, inspiring national audiences and showcasing the positive impact of youth on society.
See More
