[ad_1] Key Takeaways Hormel Foods Corp. stock was the biggest loser on the S&P 500 Thursday after the company gave a strategic update and settled with union workers on a…
Tag: Hormel
Hormel Foods cuts sales guidance as international business stutters
[ad_1] Spam on sale in Manila, The Philippines, July 2021. Credit: MDV Edwards / Shutterstock.com Hormel Foods is expecting to see no sales growth in full-year 2023 as it tackles…
Hormel Foods hampered by a variety of headwinds
[ad_1] AUSTIN, MINN. — The strategic rationale for companies to have a diverse portfolio of businesses is to better manage risk — Weakness in one category may be offset by…
HORMEL FOODS REPORTS THIRD QUARTER FISCAL 2023 RESULTS
[ad_1] Company delivers volume growth in each segment and makes further progress on key initiatives AUSTIN, Minn., Aug. 31, 2023 /PRNewswire/ — Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global…
Small business matters: Multi-tasking
[ad_1] In 1992, a Pennsylvania farmer named Gerald Jones was looking for something to do beyond raising livestock on his land. He and his wife Marjorie decided to buy a…
BK stokes its business strategy
[ad_1] TORONTO — Efforts to accelerate sales growth and drive franchise profitability at Burger King restaurants in the United States are beginning to take hold, said executives at parent company…
Hormel rolls out sliced chorizo
[ad_1] AUSTIN, MINN. — Hormel Foods Corp. is adding a new savory option to its line of ready-to-use pepperoni products with the launch of Hormel Sliced Chorizo. Made with premium…
Hormel Foods experiencing growing pains
[ad_1] AUSTIN, MINN. — Hormel Food Corp.’s transition from an animal protein-centric business to one with a more diversified portfolio hasn’t been without growing pains. Case in point — management…
Longtime Hormel exec joins Organic Valley as CEO
[ad_1] LA FARGE, WIS. — Jeff Frank has been named chief executive officer of Organic Valley, effective Jan. 23. He will succeed Bob Kirchoff, who is retiring from the cooperative…