Hormel
0.29 %
-4.65 %
Yet to be announced
Company Overview
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, microwaved meals, hashes, stews, tortillas, salsas, tortilla chips, and others.
Revenue Sources
FailBased on review of Hormel's product portfolio and revenue sources, the company generates significant revenue from pork products through their bacon, ham, and other pork-based offerings. This represents a material portion of their business that exceeds the 2.5% threshold of revenue from haram sources.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| Jan. 26, 2025 | $2.99b | $2.78b | - | $19.46m | 0.00% | 0.70% |
| Oct. 27, 2024 | $3.14b | $2.86b | - | $19.43m | 0.00% | 0.68% |
| July 28, 2024 | $2.9b | $2.69b | - | $21.46m | 0.00% | 0.80% |
| April 28, 2024 | $2.89b | $2.66b | - | $21.68m | 0.00% | 0.82% |
Analysis of the last four quarters shows interest expenses ranging from $19.4M to $21.7M per quarter, compared to total quarterly expenses between $2.66B and $2.86B. The interest expense to total expense ratios consistently remain below 1%, indicating interest plays an insignificant role in the company's operations.
Operational Ethics
PassBased on available information from SEC filings and company disclosures, there is no evidence of significant ongoing associations with entities involved in human rights violations such as the state of Israel or the Chinese Communist Party.
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