On this page of Benford's Law Stocks.com we present our study of HORMEL FOODS CORP /DE/ — ticker symbol HRL. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 9/3/2019 to 5/30/2024 for HORMEL FOODS CORP /DE/ under CIK number 0000048465. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for HRL, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for HORMEL FOODS CORP /DE/ based on the past HRL filings our system processed in the past.
27.9
17.4
10.3
10.9
11.1
5.0
8.4
4.8
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, HRL stockholder letter ]
Total numbers found: 841
Recent share count: 547,700,000 (5's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
841
High count compared to other filers, with HRL falling in the highest quartile of filers. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
80

Starting from a possible score of 100, we made the following score deductions:
 • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 4's percentage was above the company's typical historical range.
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • However, because we observed that the company's shares outstanding count begins with the digit 5, we canceled the penalty multiplier.
 • We deducted points upon observing the 5's percentage was above the typical coverage universe range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the company's typical historical range.
Benford's Law Stocks Indicator
HRL
Normal-to-high score compared to other filers, falling within the top of the middle 50%.
GME
HLX
LPG
NI
GWW
HOUS
KMX
MKC
Check our work! We provide our HORMEL FOODS CORP /DE/ Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the HRL filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 235 numbers that start with the digit 1. Here they are:
1,012,539
15,182
16,870
13,497
1,365
11,461
18,323
121,749
125,175
189,207
189,278
189,207
19,315
11,998
19,063
17,205
1,408
1,408
11,693
10,938
177,515
18
146
172
177,735
1,486,368
16,664
1,673,500
1,680,406
1,748,778
1,757,171
195,530
1,469,520
1,458,354
195,665
14,135,373
13,448,772
117,731
179,773
172,178
15,212
191,917
160,000,000
1,600,000,000
10,462
14,135,373
13,448,772
12,303
12,303
10,711
10,711
1
12,303
12,021
150,614
150,337
189,278
189,207
11,543
150
11,693
1
10,559
10,561
155,278
154,977
10,462
10,674
10,938
12,303
12,303
15,912
15,912
12,303
12,021
1
15,004
15,005
1,378
10,462
127,696
123,243
13,652
14,804
15,005
15,912
18,191
10,029
13,501
106,129
10,279
11,769
107,175
11
1,933
112,716
1,105
12,303
1,353
1,486,368
14,147
1,750,594
1,750,594
1,636,807
1,636,807
184
184
1,631,131
1,631,098
168,239
168,239
17,982
15,857
116,044
107,947
16,381
14,681
14,210
13,940
13,009
12,932
16,379
14,894
15,182
16,870
10,000
10,000
13,652
152,904
168,289
115,624
109,151
1,673,500
1,680,406
1.25
174.0
144.2
1,081
13,233
11.5
1,785
1.2
1.2
12.0
1,036
1,685
19,756
11,591
1,813
189,278
19,756
11,591
1,497
1,033
1,563
1,459
17,134
10,849
1,468
18,076
17,804
18,336
17,157
19,377
19,571
11,077
18,706
123
14
181,863
19,165
15,795
1,943
1,943
1,888
1,922
19,165
11,998
11,543
179,795
183,993
19,262
1,366
17,205
179,795
1,486,368
1,485,411
18,395
1,636
1,718,807
1,499,037
1,145
16,664
14,164
188,162
188,162
13.9
1
11.5
15.8
10.4
1.800
1,000,000
1,000,000
1.700
17,215
16,278
1,202
101
1.700
101
1.0
1.800
101
15
150
1.150
100
16.6
19.3
18,214
18,053
1,788,556
1,916,243
1,845,090
1,716,191
166,794
179,955
132,399
153,226
149,302
145,399
13,595
1,748,274
1,794,933
We found 146 numbers that start with the digit 2. Here they are:
2,887,352
2,977,639
2,383,546
2,486,220
266,668
212,492
252,320
295,798
21,679
244,139
278,839
217,215
24
204
217,239
217,215
22,887
2,068
2,183
224,631
220
224,613
23,074
204,697
2,801,333
2,781,730
241,749
2,424,237
2,344,557
2,163,124
2,165,818
238,709
263,330
2,304,811
2,311,776
2,852,604
2,358,719
220,551
262,325
272,252
252,261
217,239
24
217,215
277
2750
277
244,887
250,783
2825
262,325
255,561
264
284
2,551
2,555
277
244,887
272,252
204
20
27,439
27,459
262,325
25,731
27,310
21,504
20,206
205,218
29,423
292,616
27,459
2,555
221,072
2,916,796
261,074
2,916,796
261,644
233,690
234,020
26,613
20
25,731
29
275.4
21.3
28.5
23,161
247
247
217,239
2,006
2,909
247
247
2,878
2,878
2,080
22,890
221
22,183
2,896
2
2
2,622
250,783
29
2,780
2,605
2,068
262,325
272,252
21,295
262,325
23,074
202,054
202,054
219,771
2,499
273
203,199
2.4
2.7
2.4
2,852,604
2,358,719
22.5
23.0
22.1
22.4
2.5
2,588
2,887,352
2,977,639
281,904
299,466
281,841
23,202
24
204
244,139
278,839
2,029,418
2,073,238
2,887,352
2,977,639
We found 87 numbers that start with the digit 3. Here they are:
31,273
32,429
32,932
36,670
35
34
37,934
33,577
3,561
3,691
3,557
3,976,519
3,297,249
370,252
356,048
349,268
310
310
310
382
300
310
310
310
301,019
300,574
309,935
309,426
31,273
32,429
397
305,035
306,739
3,488
3,978
3,939
31,273
32,429
30
324.8
314.8
30.7
3.2
3.0
32.2
31,551
3,125
3,125
36,672
34,315
38,755
39,142
3,317
3,325
3,014
318
3,071
3,877
3,286
3
3,498
34
3,527
3,561
3,286
32.2
3.3
3.050
31,772
36,085
3,653
3,908
3,809,896
3,309,247
3.050
375.0
3.0
3,118
3,699,827
3,874,040
339,346
358,400
307,903
33,500
304,903
312,220
33,356
4's 5's 6's
We found 92 numbers that start with the digit 4. Here they are:
4,871,723
4,961,263
491,419
434,548
40,005
407,936
434,866
408,140
434,958
40
40
407,936
434,866
4,197
417,921
445,804
418,067
445,632
46,256
4,929,034
4,928,464
412,359
498,106
400,000,000
4,100
477,470
42
44
488,100
4,455
469,468
4,936
434,958
434,866
44
4
446
488,100
4,100
408,140
407,936
407,936
434,866
468
479
411,754
47
450
427,407
497,765
4,520
4,376
4,442
401,611
4,928,464
4,929,034
4,329
4,344
4,594
425.8
445,586
448,535
450
4,914
448,798
442,549
494
494
408,140
434,958
4,628
494
494
461
443
41
4
4
4,556
4,447
4,687
4,197
4,679
4.2
42.6
4.9
4.5
4.800
4.800
43,234
4,135,989
4,153,699
We found 93 numbers that start with the digit 5. Here they are:
548,305,384
5,884,263
5,948,632
503,806
507,054
536,758
585,250
529,685
560,041
54,931
547,868
546,424
547,444
546,404
548,685
549,013
548,303
549,522
5,173
51,679
53,573
504,907
548,029,632
546,599,420
549,130
506,179
546,466
5,089
56
5
546,255
5,108
547,596
529,715
52
548,030
549,130
546,237
5
5500
546,255
5,108
546,599
506,179
59
52
5650
509
548,030
549,130
58,626
5,499
5,035
511,068
580,496
570
570
5,860
5,893
59,241
59,241
5,377
5,089
50
50
5,816
5,755
5,755
5,792
5,244
5,560
55,222
55,222
55,222
55,222
500,000
500.0
575
547,868
546,424
547,444
546,404
548,685
549,013
548,303
549,522
5,202
5,884,263
5,948,632
529,685
560,041
5,884,263
5,948,632
We found 42 numbers that start with the digit 6. Here they are:
61,624
6,444
61,592
691,498
66,235
6,228
6,228
6
6,508
6,508
640,127
6,508
6,210
6,540
6,894
657
691
6,250
6,250
6,634
6,650
62
6,028
635
6,141
683
6,444
6,847
6,053
60,770
60,770
60,770
60,770
600,000
600,000
650
650
600.0
624,603
623,244
60,694
63,111
7's 8's 9's
We found 71 numbers that start with the digit 7. Here they are:
70
75
74
79
7,856
7,416
736,532
731,984
710,029
725,121
74,760
74,626
771,397
7,591,157
7,492,952
7,885,990
7,734,885
7,896,452
7,738,985
7,380,689
7,618,993
7,374
7,416
7,435,292
7,691,615
7,557,157
7,848,566
70
7,591,157
7,896,452
7,313,374
7,540,219
7,435,292
7,691,615
7,492,952
7,738,985
7,591,157
7,896,452
7,097
7,108
7,386
77,665
749,836
736,532
7,299
732
732
7,972
798
7,223
7
74,772
7,955
7,908
7,915
7,915
7,311
736,532
735,387
747,489
7.1
750,000
750,000
7,112
7,016
7,451
750.0
750.0
750.0
7,165
70
We found 40 numbers that start with the digit 8. Here they are:
80
817,391
87,452
8,028
8,007
8,006
81
80
8,002
8,021
8,555
8,561
8,028
8,002
8,002
8,007
8,028
87,685
88,355
82,658
8,442
8,288
8.9
8,155
8,155
850
8,902
82
8,800
8,121
86,022
869
869
8,121
8,947
8
817
859
881,441
857,934
We found 35 numbers that start with the digit 9. Here they are:
987,369
92
9,985
957,292
950,529
92
9,927
9,985
90,581
982,107
9,201
959,385
954,432
9
9,023
921
9,353
9,730
93,937
9,084
9,927
93,937
957
9,330
9,603
950,688
950,000
950,000
957,292
950,529
950.0
932,003
94,714
92
904,401
While the above HRL 10Q Filed 5/30/2024 is interesting in isolation, we have found that it is also useful to take a look at older HORMEL FOODS CORP /DE/ filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 5/30/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical HRL 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

27.9
17.4
10.3
10.9
11.1
5.0
8.4
4.8
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 841

= Typical HRL range from 9/3/2019 to 5/30/2024
25.7
19.3
9.0
9.3
11.3
5.4
9.7
5.7
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 808

= Typical HRL range from 9/3/2019 to 5/30/2024
29.8
18.7
11.8
10.0
8.3
5.0
6.2
4.7
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 1,350

= Typical HRL range from 9/3/2019 to 5/30/2024
28.5
20.3
11.0
7.6
9.2
6.8
6.4
7.6
2.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 76
XBRL?   [ original filing ]
Total numbers found: 590

= Typical HRL range from 9/3/2019 to 5/30/2024
29.6
17.4
11.2
9.8
10.6
9.3
5.7
2.5
3.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 884

= Typical HRL range from 9/3/2019 to 5/30/2024
30.9
18.3
9.1
9.1
9.6
8.9
6.2
4.3
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 993

= Typical HRL range from 9/3/2019 to 5/30/2024
28.3
20.1
11.2
11.5
8.4
7.0
4.3
4.6
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 1,393

= Typical HRL range from 9/3/2019 to 5/30/2024
28.6
23.2
10.0
8.2
8.9
4.5
7.1
4.6
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 560

= Typical HRL range from 9/3/2019 to 5/30/2024
26.6
18.1
11.4
10.0
13.5
5.1
7.8
3.3
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 817

= Typical HRL range from 9/3/2019 to 5/30/2024
26.4
19.2
11.5
8.0
8.9
7.2
9.8
5.8
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 879

= Typical HRL range from 9/3/2019 to 5/30/2024
31.3
17.3
12.0
9.3
8.4
5.5
5.0
4.9
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 1,397

= Typical HRL range from 9/3/2019 to 5/30/2024
34.0
18.9
10.1
7.9
10.1
7.9
4.6
3.1
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 544

= Typical HRL range from 9/3/2019 to 5/30/2024
29.3
18.5
9.5
11.3
11.9
10.4
4.3
2.2
2.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 991

= Typical HRL range from 9/3/2019 to 5/30/2024
27.4
22.1
8.8
9.0
10.7
7.0
6.7
4.1
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 943

= Typical HRL range from 9/3/2019 to 5/30/2024
30.4
19.4
11.4
10.1
7.9
4.9
7.1
4.5
4.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 94
XBRL?   [ original filing ]
Total numbers found: 1,322

= Typical HRL range from 9/3/2019 to 5/30/2024
28.8
20.7
11.0
7.0
8.4
6.6
8.1
5.5
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 545

= Typical HRL range from 9/3/2019 to 5/30/2024
25.5
18.6
12.1
7.6
13.0
8.0
6.3
5.3
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 887

= Typical HRL range from 9/3/2019 to 5/30/2024
29.9
17.9
10.7
8.5
8.7
9.5
7.9
4.2
2.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 86
XBRL?   [ original filing ]
Total numbers found: 931

= Typical HRL range from 9/3/2019 to 5/30/2024
31.1
18.9
10.4
11.1
7.7
5.9
4.6
4.7
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 72
XBRL?   [ original filing ]
Total numbers found: 1,437

= Typical HRL range from 9/3/2019 to 5/30/2024
30.8
18.3
10.5
9.1
8.5
9.9
5.1
3.1
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 649

= Typical HRL range from 9/3/2019 to 5/30/2024
 

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