| Benford Chart for HRL 10Q Filed 9/4/2024 | ||||||||||||||||||||||||||||||||||||
Total numbers found: 830 Recent share count: 548,305,384 (5's column) ■ = Typical range across full coverage universe | ||||||||||||||||||||||||||||||||||||
| # of Numbers Found in Filing | |||
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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 12/6/2019 to 9/4/2024
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.
| Benford's Law Stocks Score for HRL = 65 | ||
Starting from a possible score of 100, we made the following score deductions: • We deducted point upon observing the 1's percentage was below the typical coverage universe range. • We deducted point upon observing the 1's percentage was below the company's typical historical range. • We deducted point upon observing the 3's percentage was below the typical coverage universe range. • The 4's percentage was higher than the 3's percentage, increasing the penalty multiplier. • 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. • We deducted points upon observing the 5's percentage was above the company's typical historical 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. • We deducted point upon observing the 8's percentage was above the company's typical historical range. |
| HRL's Score Vs. Typical Stock | |||
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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 203 numbers that start with the digit 1. Here they are: 1,500,908 1,485,417 10,484 18,372 170,733 170,230 176,735 162,571 108 170 176,701 162,679 1.07 1.09 1.07 1.09 176,735 162,571 10,572 18,601 1,397 10,330 10,141 13,813 124,297 165,445 124,653 165,955 16,664 1,649,649 1,680,406 1,743,615 1,757,171 190,947 1,471,787 1,458,354 195,665 13,113,781 13,448,772 113,012 171,079 172,178 18,513 15,212 1,309,746 191,917 160,000,000 1,600,000,000 10,106 13,113,781 13,448,772 162,679 108 162,571 150,404 150,165 10,462 176,701 176,735 155,248 154,957 10,106 13,950 138 13,813 12,303 12,303 12,303 12,021 170 1 1,677 10,106 191,354 187,326 1,422 12,047 16,497 18,510 12,295 131,204 13,491 172,656 168,529 1,980 176,899 1,980 1,105 12,303 199,057 18,635 1,750,594 1,750,594 1,636,807 1,636,807 184 184 1,630,099 1,631,098 168,239 168,239 19,045 15,857 120,174 107,947 12,409 13,806 16,381 14,681 14,210 13,940 13,009 19,444 1,685 19,806 14,509 148,341 168,289 117,755 109,151 1,649,649 1,680,406 1.25 186.3 144.2 18,987 13,233 11.7 1,541 176,701 162,679 1,541 1,531 1,139 1,019 18,008 1,202 1,828 18,336 17,157 19,377 19,571 1,383 11,086 123 185 179,795 1,294 1,691 18,601 122,621 177,788 10,481 183,993 1,397 10,330 122,621 177,788 10,481 19,484 1,145 16,664 14,164 188,162 188,162 18.8 12.1 10.4 13.5 1.800 1,000,000 1,000,000 1.700 16,341 16,278 101 1.700 101 1.0 1.800 101 15 150 1.150 100 17.2 19.6 17,560 17,888 1,767,251 1,891,746 177,171 180,605 127,932 151,128 142,487 146,270 12,222 101,886 161,239 164,997 108 170 | We found 154 numbers that start with the digit 2. Here they are: 2,898,443 2,963,299 2,410,075 2,465,251 259,653 291,073 236,693 216,759 20,700 21,459 225,719 207,626 200 29,075 27,362 2,008 2,195 2,518 2,875 24,454 2,997,446 204,697 2,815,248 2,781,730 274,823 2,467,997 2,344,557 2,168,531 2,165,818 248,954 263,330 2,311,776 2,851,621 2,358,719 217,008 272,252 244,887 2,875 212 2750 239 241,610 262,325 299 2825 291 255,561 200 20,946 20,946 277 241,610 272,252 20,110 20,112 24 28,160 273 20,502 20,112 20,946 27,869 20,536 29,571 2,273 2,527 2,916,796 261,074 2,916,796 256,341 233,690 234,020 20 28,160 29 258.4 21.3 27.6 29.3 25.5 26,172 2,600 299 247 247 24,487 21,297 2,112 268 21,297 2,478 247 247 2,878 24,718 27,108 26,705 221 28,058 2,895 2 2 21 2,621 262,325 28,685 25,873 2,781 2,383 28,685 2,008 272,252 22,375 20,555 23,679 2,049 24,454 206,980 206,980 2,231 224,700 2,499 273 203,199 29.3 2.4 2.7 2.4 29,600 2,859,853 2,851,621 2,358,719 21.7 22.6 21.7 22.2 2.7 2,279 2,838 2,799,110 2,607,140 2,898,443 2,963,299 21,792 292,211 200 225,719 207,626 2,115,087 2,068,787 2,531,630 2,689,445 2,898,443 2,963,299 | We found 76 numbers that start with the digit 3. Here they are: 39,250 34 32 30 32 30 36,931 31,058 357 338 3,678 3,557 3,297,249 370,252 359,083 349,268 314,373 3,277 3 34 390 314,373 310 310 310 332 33,760 33,784 314,373 39,250 32,997 30,596 32,042 33,784 312,983 3,968 3,066 34,712 39,250 32,997 30 324.8 304.1 30.7 3.5 3.0 32.2 34,151 3,125 3,317 3,325 33,270 3,016 317 3,073 3,286 308 3,484 314,373 36,599 36,599 3,484 314,373 37.7 32.2 3.5 3.050 36,085 3,490 3,908 3,309,247 3.050 375.0 3.2 309,619 34 |
| 4's | 5's | 6's |
|---|---|---|
| We found 81 numbers that start with the digit 4. Here they are: 488,369 498,048 42,213 43,416 48,984 45,055 42,453 46,256 4,923,731 4,928,464 409,125 499,098 498,106 400,000,000 4,100 488,100 402 499,304 4,598 4 469,468 4,936 44 496 451,423 450,738 499,304 4,598 4,100 42,121 42,453 465,183 464,383 42,213 49 432 427,195 497,765 459,978 442,560 450,977 453 4,928,464 4,733 4,733 4,923,731 4,492 4,344 4,605 4,912 42,213 425.8 447,098 448,535 450 4,160 4,914 442,549 423 472 4,441 440 461 41 4,994 42,121 468 4,970 4.9 42.6 4.9 4.5 4.5 4.5 4.800 4.800 409,836 459,031 441,952 428,110 45,723 | We found 112 numbers that start with the digit 5. Here they are: 548,363,619 55,042 584,671 597,437 584,842 597,637 548,685 546,358 547,858 546,389 549,266 548,637 548,624 549,227 584,671 597,437 52,438 542,218 510 502 542,720 537,476 58,814 51,679 548,328,587 546,599,420 560,849 506,179 546,255 5,108 5,034 5,034 5,931 5,933 546,467 548,030 549,130 52,048 52,438 5,107 5,107 548,329 560,849 546,237 597,637 597,437 5 546,467 546,599 506,179 584,842 584,671 52 548,329 560,849 584,671 597,437 52,117 5,196 5,306 588,489 537,476 5,893 59,241 59,241 5,687 5,089 50 50 5,758 5,833 584,842 597,637 5,758 5,833 5,766 55,008 51,472 58,132 58,714 5,079 59,726 52,048 5,113 5,417 5,417 5,217 537,476 537,008 551,276 55,222 55,222 55,222 55,222 5.1 500,000 500.0 575 548,685 546,358 547,858 546,389 581 549,266 548,637 548,624 549,227 5,998 5,467,078 5,765,786 516,517 539,005 | We found 47 numbers that start with the digit 6. Here they are: 61,464 6,205 6,770 611,250 611,588 680,386 675,167 6,321 6,325 685 6,508 6,508 6,106 6,681 6,584 6,508 669,124 6,893 6,210 6,540 6,271 6,710 664 62 6 6 6,286 6,286 683 6,770 6,847 64,174 6,205 61,425 61,425 61,425 61,425 600,000 600,000 650 6,897 650 600.0 65,026 66,526 6,251,076 6,222,485 |
| 7's | 8's | 9's |
|---|---|---|
| We found 72 numbers that start with the digit 7. Here they are: 7,281,798 7,426,514 766,707 725,621 7,977 773,452 755,404 767,666 7,368 736,532 727,054 725,121 74,670 74,626 771,397 74,789 7,612,610 7,492,952 7,867,119 7,734,885 7,877,225 7,738,985 7,435,292 7,691,615 7,447,567 7,717,863 7,591,157 7,896,452 7,612,610 7,877,225 7,313,374 7,540,219 7 7,447,567 7,717,863 7,492,952 7,738,985 7,612,610 7,877,225 7,719 728,756 736,532 7,501 7,977 7,266 741 741 741 741 7,451 7,681 7 7,864 7,043 7,067 775,976 736,532 735,387 747,489 7.3 750,000 750,000 7,016 7,451 750.0 750.0 750.0 766 7,589 755,404 767,666 783,356 | We found 48 numbers that start with the digit 8. Here they are: 8,782,706 8,911,930 802,009 8,733 817,391 87,452 8,232 8,033 8,007 8,002 8,005 8,028 8,033 8,002 8,482 8,489 8250 8,005 8,007 8475 800 8,033 89,428 81,423 858,117 8,112 8,489 879,823 82,658 8,099 8.7 874 8,633 8,902 8,687 8,121 86,022 87 8,341 8.4 8,232 8 890,949 8,782,706 8,911,930 894,512 8,782,706 8,911,930 | We found 37 numbers that start with the digit 9. Here they are: 9,784 9,239 950,529 95,374 956,797 982,107 90,951 9,784 936,454 954,432 9 952 9,374 955 9,148 9,033 9,951 9,976 9,353 9,044 952 9,214 93,937 90 991 9,084 9,298 9,330 9,603 950,688 950,000 950,529 950.0 950.0 954,021 916,814 932,863 |
While the above HRL 10Q Filed 9/4/2024 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 9/4/2024 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.
| 10Q Filed 9/4/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 830 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 12/6/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,322 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 3/2/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 545 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 6/2/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 887 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 9/3/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 931 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 12/4/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,437 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 3/3/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 649 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 5/30/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 841 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 8/31/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 808 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 12/6/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,350 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 3/8/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 590 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 6/1/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 884 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 9/1/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 993 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 12/6/2019 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,393 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 2/29/2024 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 560 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 6/1/2023 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 817 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 9/1/2022 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 879 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10K Filed 12/10/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 1,397 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 3/2/2021 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 544 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||
| 10Q Filed 6/2/2020 | ||||||||||||||||||||||||||||||||||||
XBRL? ✓ [ original filing ] Total numbers found: 991 ■ = Typical HRL range from 12/6/2019 to 9/4/2024 | ||||||||||||||||||||||||||||||||||||