Hormel Foods
Lunch Meat Maker Hormel Orders Up Skippy Sandwich
Hormel Foods apparently has a hankering for a peanut butter and bacon sandwich. The company primarily known for Spam and other cured, smoked and deli meats said Thursday that it’s buying Skippy, the country’s No. 2 peanut butter brand, in its biggest-ever acquisition.
Spam Sales Strong, Hormel 4Q Profit Rises
Continued strong sales of Spam and Jennie-O products helped Hormel Foods as its net income climbed 13 percent in its fourth fiscal quarter. The Austin, Minn., company also increased its annual dividend by 13 percent to 68 cents per share.
Jury Sides With Hormel Over Food Lost In ’08 Flood
A jury has ordered an Iowa warehouse operator to pay Hormel Foods Corp. $4 million for failing to protect its products from floodwaters in 2008.
Hormel Board Approves Stock Split
Hormel Foods Inc. said that its board has approved a 2-for1 stock split, which would be its first in a decade.




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