HORMEL FOODS CORP /DE/ News
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
see moreHORMEL FOODS CORP /DE/ Market News
5d
Hormel Foods Implements Corporate Restructuring Amid Strategic Realignment
- Hormel Foods announces corporate restructuring to align with strategic priorities.
21d
Hormel Foods Surpasses Earnings Expectations with Solid Q2 Performance
Hormel Foods Corporation (NYSE: HRL) reported its second-quarter fiscal 2026 results on May 28, 2026, showcasing a strong performance with net sales of $2.97 billion and a 3% increase in organic net sales. The company achieved a GAAP earnings per share (EPS) of $0.29 and an adjusted EPS of $0.40, surpassing analyst expectations. Despite these positive results, Hormel's stock has experienced volatility, closing at $25.01 on July 31, 2026, reflecting a 0.95% decrease from the previous close.
28d
Hormel Foods Reports Continued Organic Sales Growth in Q2 Despite Market Challenges
Hormel Foods reports strong Q2 earnings, stock shows volatility.
19 Jul at 17:23
Hormel Foods Achieves Double-Digit EPS Growth in Q2 Despite Market Volatility
Hormel Foods reports strong Q2 earnings, stock experiences volatility.
12 Jul at 17:20
Hormel Foods' Q2 Earnings Exceed Expectations, Stock Rises
Hormel Foods reports strong Q2 earnings, stock price increases.
07 Jul at 07:59
Hormel Foods' Q2 Earnings Beat Expectations Amid Stock Volatility
Hormel Foods reports strong Q2 results, stock faces volatility.
25 May at 04:54
Hormel Margin Pressure: Stephens Cuts Price Target
Stephens lowered Hormel Foods' price target to $22, citing sustained margin pressure from higher pork input costs and refrigerated freight. Hormel's divestiture of its whole-bird turkey business and a change in food-safety leadership are strategic moves, but near-term earnings remain under scrutiny.