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Hormel Foods (STU:HO7) PensionAndRetirementBenefit : €324 Mil (As of Jan. 2024)


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What is Hormel Foods PensionAndRetirementBenefit?

Hormel Foods's PensionAndRetirementBenefit for the quarter that ended in Jan. 2024 was €324 Mil.

Hormel Foods's quarterly PensionAndRetirementBenefit declined from Jul. 2023 (€358 Mil) to Oct. 2023 (€331 Mil) and declined from Oct. 2023 (€331 Mil) to Jan. 2024 (€324 Mil).

Hormel Foods's annual PensionAndRetirementBenefit declined from Oct. 2021 (€471 Mil) to Oct. 2022 (€392 Mil) and declined from Oct. 2022 (€392 Mil) to Oct. 2023 (€331 Mil).

Hormel Foods PensionAndRetirementBenefit Historical Data

The historical data trend for Hormel Foods's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hormel Foods PensionAndRetirementBenefit Chart

Hormel Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 484.99 469.95 470.96 391.62 330.76

Hormel Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 361.39 358.34 358.25 330.76 323.79

Hormel Foods PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

Hormel Foods (STU:HO7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (STU:HO7) » Definitions » PensionAndRetirementBenefit
Comparable Companies
K MKC CAG CPB LW SJM PPC INGR BRBR DAR XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND LSE:ABF SHSE:600887 SZSE:300999 TSE:2802
Traded in Other Exchanges
HRL:USA HRL:Mexico HO7:Germany H1RL34:Brazil HRL:Austria
Address
1 Hormel Place, Austin, MN, USA, 55912-3680
Website
https://www.hormelfoods.com
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 U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. 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.

Hormel Foods (STU:HO7) Headlines

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