Analyst
SunTrust
Equibles does not estimate personal net worth.
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Get HRL alertsJim Sheehan is recorded as CFO at Hormel Foods Corp (HRL) and Analyst at SunTrust. Jim Sheehan has spoken on 7 earnings calls across 1 company, most recently for Hormel Foods Corp on December 9, 2021. Hormel Foods Corp is classified in the Packaged Foods industry within the Consumer Defensive sector. Other leadership on record at Hormel Foods Corp includes Jeffrey Ettinger (CEO and Board Member), Jeffrey M. Ettinger (CEO), John F. Ghingo (CEO and Board Member) and 7 others.
“The company achieved record fourth quarter and full year sales of $3.5 billion and $11.4 billion respectively. Organic sales increased 32% for the quarter and 14% for the full year.”
“Third-quarter sales were $2.9 billion, an all-time record for the Company. Net sales and organic net sales increased 20% and 14% respectively, compared to last year.”
“Record sales for the second quarter were $2.6 billion, an increase of 8%. First-half sales increased 5% to $5.1 billion, also a record. Pre-tax earnings increased 2% for the quarter compared to last year.”
“Record sales for the first quarter were $2.5 billion, an increase of 3%. COVID-related direct expenses of $15 million were the primary driver to pre-tax earnings declining $13 million or 5%.”
“Net sales for the fourth quarter were $2.4 billion, a decrease of 3%. For 2020, the company generated record sales of $9.6 billion, a 1% increase. Our balanced model proved successful as all four segments grew sales for the year.”
SunTrust
Analyst
Source not stated
Packaged Foods · Consumer Defensive
CFO
