AUSTIN, Minn., May 9, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Colleen Batcheler has been appointed to the role of senior vice president, external affairs & general counsel. Colleen Batcheler In this critical role, Batcheler will oversee the organization's global Legal and External Affairs function, including corporate governance and securities, M&A, intellectual property, litigation, labor and employment, and legislative and ...

The Consumer Staples group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Hormel Foods (HRL) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question. Hormel Foods is one of 191 companies in the Consumer Staples group. The Consumer Staples group currently sits at #10 within the Zacks Sector Rank. The Zacks Sector ...

Minnesota-based Hormel Foods Sales LLC issued a recall for two Planters products produced at one of its facilities and distributed to five states in the southeast portion of the US because they could cause fatal infections. Hormel produced the contaminated Honey Roasted Peanuts and Deluxe Lightly Salted Mixed Nuts for Planters at one of its facilities before distributing them to Publix warehouses in Florida, Georgia, Alabama and North Carolina as well as Dollar Tree warehouses in South Carolina and Georgia. ...

AUSTIN, Minn., May 1, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's second quarter financial results. The Company will issue its earnings release before the ...

The PLANTERS® brand redefines the snacking experience with the introduction of its latest delicious and innovative flavored cashews AUSTIN, Minn., May 1, 2024 /PRNewswire/ -- Building upon the success of their irresistibly delicious flavored-cashew portfolio, the makers of the PLANTERS® brand, the No. 1 selling snack nuts brand,* are proudly unveiling their latest cashew-flavor innovation: salt & vinegar. Designed to deliver a burst of tangy flavor, the all-new PLANTERS® Salt & Vinegar cashews provide consu ...

LauriPatterson/E+ via Getty Images Investment Thesis Looking at where Hormel Foods Corporation (NYSE:HRL) is now and considering where I believe it will be in the next few years, I believe the company is a hold. The company, while performing better than some of its competitors, has seen continued margin declines over the past five to ten years, which has negatively impacted the bottom line and caused its payout ratio to steadily increase. With that in mind, and considering the current valuation, the company ...

Procter & Gamble is an easy stock to love today, but I'm also a huge fan of Hormel Foods, which is down and out. I am a dividend investor trying to build a portfolio of stocks that will help to provide me with income in retirement. When I see an attractively priced stock that has a solid business and an attractive dividend history, I go in for a deep dive. That's what got me to buy Procter & Gamble (PG -0.78%) when it was unloved by Wall Street. And why I am so fond of Hormel Foods (HRL 0.14%) today, while ...

Company Names Chad Randick Successor AUSTIN, Minn., April 24, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Jeff Grev, vice president of legislative affairs, will be retiring after a 40-year career with the company. Chad Randick, director of strategy and current lead of the company's transformation and modernization initiative, will succeed Grev as vice president of legislative affairs. Jeff Grev Chad Randick "I want to thank Jeff ...

Summer is nearly here, and the makers of the HORMEL GATHERINGS® brand are welcoming the season with another time-saving option for party-planning consumers AUSTIN, Minn., April 23, 2024 /PRNewswire/ -- With summer months right around the corner, the makers of the HORMEL GATHERINGS® brand are welcoming the season with the all-new, summer-themed Hard Salami & Pepperoni Tray, a perfect snacking solution for any summer shindig. Whether it's Fourth of July celebrations, or simply enjoying the company of family a ...

肉制品行业发展趋势 - 肉制品行业受益于消费者对富含蛋白质产品的增长需求[1] - 植物肉产品的兴起和蛋白质消费增长助推肉制品行业发展[4] - 肉制品行业前景看好，部分公司如Tyson Foods, Inc.、Hormel Foods Corporation和Pilgrim's Pride Corporation处于良好位置[2] 公司战略举措 - 公司面临成本膨胀等挑战，但通过产品多样化、扩大产能和探索植物肉等方式取得成功[2] - Pilgrim’s Pride通过设施扩建和技术投资等关键战略举措加强市场地位[14] - Hormel Foods通过全球扩张、强调供应链一体化等战略优先事项受益[15] - Tyson Foods通过品牌建设和创新投资巩固市场份额，实现长期忠诚度[16] 行业内竞争与合作 - 行业内公司积极通过战略联盟、收购和扩大产能等方式拓展产品范围和加强市场地位[5] - 牛肉业务面临挑战，包括消费者谨慎、经济不确定性和产量减少等问题[6]