Hormel

Hormel Foods 2Q Profit Falls, Misses Expectations

Hormel Foods’ fiscal second-quarter net income fell 2 percent as it dealt with one-time costs related to its acquisition of the Skippy peanut butter brand, higher grain costs and weaker turkey prices. Its quarterly performance missed Wall Street’s expectations.

2013/05/23

Hormel CEO Making Donation For Military Families

The head of Austin-based Hormel Foods is presenting a $50,000 donation to a home for families of patients at the Minneapolis VA Medical Center.

2013/03/26

Spam Sales Help Boost Hormel 1Q Net Income

Hormel Foods Corp. said Thursday its net income edged up as higher sales of Spam and Hormel chili and other products helped offset higher costs for grain and for commodity costs in its Jennie-O Turkey segment.

2013/02/21

Hormel Foods Buying Skippy For About $700 Million

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, for about $700 million.

2013/01/03

Hormel Gives Back To Its Employees

Hormel Foods handed out hundreds of bonus checks to employees at its Austin plant on Thursday as a way to say thank you for their hard work.

2012/11/23

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.

2012/04/17

Hormel Ending Tight Confinement For Pregnant Pigs

The Humane Society of the United States is welcoming a statement from Hormel Foods Corp. that its company-owned farms are phasing out the use of small metal crates for confining pregnant hogs by the end of 2017.

2012/02/02

Hormel Foods 4Q Profit Falls, Revenue Rises

Hormel Foods Corp.’s fiscal fourth-quarter profit fell 3 percent as sales at its grocery products segment declined.

2011/11/22

Hormel Donates Food To North Dakota Flood Victims

Hormel Foods Corp. is donating food to flood victims in Minot, N.D.

2011/06/29

Hormel 2Q Profit Rises, Boosts Full-Year Outlook

Hormel Foods Corp.’s fiscal second-quarter profit climbed 41 percent despite facing rising food costs, helped by strong performance from refrigerated foods like deli meats and Jennie-O Turkey.

2011/05/25