Buy $HRL?
Recently, Hormel Foods released their earnings report. The company achieved record sales and double digit earnings growth. Even if the volume of products sold has declined, their revenues have soared. Inflation has given Hormel Foods immense pricing power.
Should dividend investors buy Hormel on the dip?
9 VotesPoll ended on: 06/09/22
$HRL isn't a company I've followed with any regularity but I was struck by this passage from their earnings presser:

“Double-digit organic sales growth was driven by our foodservice businesses, retail brands such as WHOLLY, SKIPPY, Hormel Square Table, SPAM, Hormel Gatherings, Dinty Moore and Jennie-O, and strong contributions from our food-forward brands, including Columbus and Applegate. Results for our Planters snack nuts business improved throughout the quarter, and we are realizing the positive impact of the scale this business brings to our company, especially in the important and fast-growing convenience store channel. Our brands have responded well to pricing actions, and we are actively managing pricing and promotional levers to ensure the long-term health of our brands and the categories in which they compete.”

It's just interesting to see Planters nuts and SPAM driving double-digit growth at $HRL while companies like $VITL, $TTCF, $SFM, and $HAIN are leaning on the tailwind blow of a supposed trend toward healthy eating and wellness. Let's look at a few charts...

And now for Hormel...

Is it misleading to zoom out so far on that last chart? OK. Here's since 2018--more to scale with the others:

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Luka 🦉's avatar
$97.1m follower assets
Dividend King 👑 List
Let’s start 2022 with an evergreen for all the dividend investors: the list of dividend kings stocks.

If you don't know, a dividend king is a company that pays an increasing dividend from at least 50 years. These are superior businesses that made the fortune of many investors out there ✌️

Today, we have only 35 dividend kings 👑

$KO +
$PG +
$MO +

I marked with + the one in my Dividend Portfolio / check my profile here to see all my holdings.

Do you own any Dividend King ? If yes, which one?
Upcoming Earnings Calendar (Dec. 6th-10th)
Happy Friday everyone! Here is next week's upcoming earnings calendar. I have no position in any of these stocks but there are several that intrigue me:

  • $RH - This company always beats expectations, their management is extremely good, and the valuation (21x Fwd PE) is attractive. A post-earnings sell-off might be a good time to buy.
  • $LULU - $AEO reported strong casual wear sales so Lululemon should also post strong results.
  • $S - I believe cybersecurity stocks will be winners in the coming decade and I want to learn more about the space. The valuation for this one and $CRWD is too high for my liking but hopefully, we'll get good opportunities after the sell-off.
  • $PATH - What this company is doing with automation is very interesting but I don't know enough about it to comment.

Remember, if you'd like an easier way to track earnings dates, you can automatically sync your portfolio's earning dates to your personal calendar with just a couple of clicks here.

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Eric Pelnik's avatar
$272.6m follower assets
Earnings this week
📞Which calls are you most excited about?

Monday, Aug 30th
$HRB H&R Block
$ZM Zoom Video Communications
$CLDR Cloudera

Tuesday, Aug 31st
$PLAN Anaplan
$CRWD Crowdstrike
$FUTU Futu

Wednesday, Sept 1st
$ASAN Asana
$FIVE Five Below
$CPB Campbell Soup
$CHWY Chewy
$NTNX Nutanix
$OKTA Okta

Thursday, Sept 2nd
$AEO American Eagle Outfitters
$BNED Barnes & Noble Education
$AVGO Broadcom
$HRL Hormel Foods
$DOCU DocuSign
$LE Lands' End
$MDB MongoDB
$MDLA Medallia
$PD Pagerduty
$KIRK Kirkland's
$F Ford Motor

Friday, Sept 3rd

Sources: Business Insider, Google Finance, Yahoo Finance
Eric Pelnik's avatar
$272.6m follower assets
Earnings this week
📞Which calls are you most excited about?

Monday, May 17th
$RIOT Riot Blockchain
$PLUG Plug Power

Tuesday, May 18th
$BIDU Baidu
$HD Home Depot
$M Macy's
$WMT Walmart
$SE Sea

Wednesday, May 19th
$SCVL Shoe Carnival
$TGT Target Corp
$LOW Lowe's Companies
$MANU Manchester United
$FUTU Futu Holdings

Thursday, May 20th
$PANW Palo Alto Networks
$KSS Kohl's
$HRL Hormel Foods
$RL Ralph Lauren
$PDD Pinduoduo

Friday, May 21st
$DE Deere
$VFC VF Corp
$BAH Booz Allen Hamilton
$FL Foot Locker

Sources: Business Insider, Google Finance, and Yahoo Finance
Kinda hard to feel like this matters in the short term rn 😬
but thank you for always posting 😍
also don’t own any of the above, so finally a break 🙏
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Eric Pelnik's avatar
$272.6m follower assets
Earnings this week
Which earnings are you most excited about?
Tuesday, February 16th
$PLTR Palantir
$OXY Occidental Petroleum
$CVS CVS Health

Wednesday, February 17th
$SHOP Shopify
$TWLO Twilio
$GRMN Garmin
$FSLY Fastly
$SAM Boston Beer
$MRO Marathon Oil
$TLRY Tilray
$VCYT Veracyte
$BIDU Baidu
$H Hyatt Hotels

Thursday, February 18th
$WMT Walmart
$ROKU Roku
$AMAT Applied Materials
$WM Waste Management
$MAR Marriott
$TTD Trade Desk
$VXX Barclays
$HRL Hormel Foods
$DBX Dropbox
$BIGC Bigcommerce

Friday, February 19th
$DE Deere & Co

Sources: Business Insider, Google Finance, and Yahoo Finance
Eric Pelnik's avatar
$272.6m follower assets
Earnings this week
Monday, Nov 23rd
$NTNX Nutanix
$URBN Urban Outfitters

Tuesday, Nov 24th
$VMW VMware
$ADSK Autodesk
$DELL Dell
$BBY Best Buy
$DLTR Dollar Tree
$HRL Hormel Foods
$TIF Tiffany
$SJM JM Smucker
$GPS Gap
$PLAN Anaplan
$DKS Dick's Sporting Goods
$PSTG Pure Storage
$JWN Nordstrom

Wednesday, Nov 25th
$DE John Deere

Thursday, Nov 26th
None of interest

Friday, Nov 27th
None of interest

Sources: Business Insider, Google Finance, and Yahoo Finance
Eric Pelnik's avatar
$272.6m follower assets
Earnings this week
Monday, Aug 24th

$PANW Palo Alto Networks

Tuesday, Aug 25th

$CRM Salesforce

$INTU Intuit

$ADSK Autodesk

$HRL Hormel Foods

$SJM Smucker

$HPE Hewlett Packard

Wednesday, Aug 26th

$SPLK Splunk

$TIF Tiffany & Co

$BOX Box

$ESTC Elastic NV

Thursday, Aug 27th

$VMW VMware

$LULU Lululemon

$WDAY Workday

$DELL Dell

$OKTA Okta

$DLTR Dollar Tree

$ULTA Ulta Beauty

Friday, Aug 28th

$BIG Big Lots

Note that this does not encompass all earnings this week

Sources include Business Insider and Yahoo Finance
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