Welcome to our dedicated page for Hormel Foods news (Ticker: HRL), a resource for investors and traders seeking the latest updates and insights on Hormel Foods stock.
Hormel Foods Corporation reports developments as a global branded food company with a portfolio spanning Planters, Skippy, SPAM, Hormel Natural Choice, Applegate, Wholly, Hormel Black Label, Columbus, Jennie-O and other food brands. Company updates commonly address quarterly earnings, dividends on common stock, product and menu innovation, foodservice offerings, retail launches, and portfolio actions across perishable and shelf-stable foods.
Recent corporate news also reflects Hormel's shift toward value-added proteins, including the completed sale of its whole-bird turkey business while retaining the Jennie-O brand and value-added turkey products. Other recurring themes include food safety and quality leadership, community programs tied to food security, and brand activity in categories such as pizza toppings, sauces, marinades, nut butters and packaged proteins.
Hormel Foods (NYSE: HRL) has completed the sale of its Brazilian operations, which operate under the CERATTI brand, to Zanchetta Alimentos LTDA, a Brazilian food company with an established local presence. The transaction follows a definitive agreement announced on June 29, 2026. Financial terms were not disclosed.
According to Hormel Foods, the divestiture aligns with efforts to simplify and streamline its portfolio and concentrate its international strategy on markets with stronger long-term growth opportunities. The company expects the sale to have a minimal impact on adjusted fiscal 2026 financial results, with further details to be provided on its third-quarter 2026 earnings call.
Hormel Foods (NYSE: HRL) announced that its board has appointed John Ghingo as president and chief executive officer, effective Oct. 26, 2026. Ghingo, currently president and board member, will succeed interim CEO Jeff Ettinger and continue serving on the Hormel Foods board.
According to the company, Ghingo has over 25 years of consumer packaged goods leadership and currently oversees the Retail, Foodservice and International segments, as well as global operations, supply chain, R&D, IT and corporate strategy. Ettinger will remain interim CEO through Oct. 25, 2026 and then continue as a director to support a smooth leadership transition.
Hormel (NYSE:HRL) launched new HORMEL Pepperoni Snack Bites, a refrigerated protein snack for quick, satisfying eating occasions. The bites use thick-sliced pepperoni in a smaller, snackable format and come in three flavors: Original, Parmesan and Dill Pickle.
The resealable tray is designed for grazing, sharing and ready-to-eat convenience.
Hormel Foods (NYSE: HRL) entered a definitive agreement to sell its Brazilian operations, run under the CERATTI brand, to Zanchetta Alimentos LTDA.
The divestiture supports portfolio simplification and an international focus on stronger long-term growth markets. Closing is expected in coming weeks, with minimal impact on adjusted fiscal 2026 results.
Hormel Foods (NYSE:HRL), owner of the SPAM® brand, announced a limited-edition SPAM x Hello Kitty collectible can and the global-themed “Tour de Sizzle” digital campaign. The promotion features SPAM® Musubi artwork, an interactive microsite, and a sweepstakes with exclusive prizes through June 23.
Hormel Foods (NYSE: HRL) announced that president John Ghingo and interim chief financial officer and controller Paul Kuehneman will participate in a fireside chat at the virtual Oppenheimer 26th Annual Consumer Growth & E-Commerce Conference on June 8, 2026.
The webcast begins at 9:00 a.m. ET (8:00 a.m. CT) and live and replay access will be available via the company’s investor website at investor.hormelfoods.com.
Hormel Foods (NYSE: HRL) reported second-quarter fiscal 2026 net sales of $2.97 billion, with organic net sales up 3%. GAAP EPS was $0.29 and adjusted EPS $0.40, reflecting double-digit growth.
The company completed the sale of its whole-bird turkey business, recording a $61 million loss and expecting about a $50 million fiscal 2026 net sales reduction with minimal adjusted EPS impact. Full-year 2026 guidance largely reaffirmed, though diluted EPS guidance was reduced to $1.28–$1.37.
Hormel Foods (NYSE: HRL) declared a quarterly dividend of 29.25 cents ($0.2925) per share, authorized May 18, 2026.
The dividend will be paid on August 17, 2026, to shareholders of record on July 13, 2026, marking the company’s 392nd consecutive quarterly dividend since listing publicly in 1928.
Hormel (NYSE:HRL) introduced the new SPAM® Dog, a hot dog-style product made with classic SPAM® for foodservice operators. It debuts nationally at the National Restaurant Association Show in Chicago and rolls out this summer to restaurants, stadiums and convenience stores.
The SPAM® Dog is designed for roller grills, served hot and crispy in a bun or alone, and pairs with toppings from mustard and chili cheese to kimchi or pineapple jalapeno salsa. Availability includes Rutters, CHS Field, LMCU Ballpark, select ABC and 7-Eleven stores in Hawaii and other convenience locations.
Hormel Foods (NYSE: HRL) will release fiscal 2026 second-quarter earnings before markets open on Thursday, May 28, 2026 and will host a conference call at 8:00 a.m. CT / 9:00 a.m. ET. Leadership participants include Jeff Ettinger (interim CEO), John Ghingo (president), and Paul Kuehneman (interim CFO and controller).
The live webcast, replay, and related materials will be available on the Hormel Foods investor website at investor.hormelfoods.com.