Hormel Foods Corp (NYSE:HRL)

CAPS Rating: 4 out of 5

Engaged in the production of a variety of meat and food products and the marketing of these products throughout the United States.

Recs

2
Player Avatar kinosternon (99.35) Submitted: 9/30/2010 4:30:11 PM : Outperform Start Price: $20.44 HRL Score: +86.34

We're talking real SPAM here, not stock spam. Anybody that has tasted a SPAMburger at the Fly-By-Night Club in Spenard, Alaska knows what I'm talking about. Hormel has been around for nearly 120 years and has paid a dividend for 81 of those years with a nice history of dividend growth. Revenue per employee beats the industry average by $110,000.00, and net income per employee is almost 10 times the industry average. This is a solid, stalwart of a company that employs folks with a real solid work ethic. I'll keep eating that occasional SPAMburger (slice of SPAM on top of a beef patty, with cheese of course) and if you don't like SPAM, that's OK, chances are you're eating some of the other products in Hormel's pantry (or refrigerator).

Member Avatar kinosternon (99.35) Submitted: 9/30/2010 4:34:25 PM
Recs: 0

Slight correction: net income per employee is only about 8 times the industry average, not 10. Sorry.

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