STOCK TITAN

Hormel Foods Corp. - HRL STOCK NEWS

Welcome to our dedicated news page for Hormel Foods (Ticker: HRL), a resource for investors and traders seeking the latest updates and insights on Hormel Foods.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hormel Foods's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hormel Foods's position in the market.

Rhea-AI Summary
Hormel Foods (NYSE: HRL) announced the retirement of Jeff Grev, Vice President of Legislative Affairs, after a 40-year career with the company. Chad Randick, Director of Strategy, will succeed Grev in the role. Randick will be responsible for overseeing all state and federal legislative affairs and regulatory affairs. Jim Snee, Chairman, President, and CEO of Hormel Foods, praised Grev's contributions and leadership during his tenure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Applegate Farms partners with American Farmland Trust to donate $50,000 to support the Brighter Future Fund, providing $5,000 grants to diverse livestock farmers pursuing sustainable agriculture practices. The program aims to improve farm viability, access, and adopt regenerative agricultural practices. Applegate's commitment reflects a vision for a strong and competitive food system, supporting new farmers and ranchers facing challenges in the industry. The Brighter Future Fund grants help farmers access land, implement regenerative practices, and enhance profitability, contributing to long-term farm viability and community vitality. Grant applications open in July, with a focus on scaling up regenerative practices, strengthening local food systems, creating equity for underserved farmers, ensuring clean water and habitat, and improving farm resilience to climate change. Partners like Applegate play a important role in supporting farmers and ranchers in their vital work towards a regenerative future.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
The makers of the HORMEL GATHERINGS® brand are introducing a new summer-themed Hard Salami & Pepperoni Tray, perfect for summer parties. The tray offers a convenient and delicious snacking option for various occasions, such as Fourth of July celebrations or casual gatherings with friends and family.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Hormel Foods is seeking nominations for the 2024 class of 10 Under 20 Food Heroes, recognizing young innovators driving positive change in the food system. The program offers support and resources to candidates under 20 years old residing in the US, fostering their growth as future leaders. Nominations are open until April 26, 2024, with award recipients invited to a celebration at the company's headquarters in Minnesota.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
MegaMex Foods introduces DOÑA MARIA® Mole Rojo, a rich and authentic mole paste designed for foodservice operators. Made with premium ingredients like ancho and poblano peppers, peanuts, sesame seeds, and real chocolate, this paste offers a unique and flavorful addition to any dish. The resealable wide-mouth container and easy preparation process make it a convenient choice for operators looking to add complexity and depth to their menus. The inclusion of Mexican sauces like mole has shown to increase diner spending by 52 percent on entrees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Hormel Foods launches the 10 Under 20 Food Heroes program to recognize young innovators making a positive impact on the food system. Nominations for the 2024 class are open until April 26, 2024. Winners will receive support, mentorship, and networking opportunities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.53%
Tags
none
Rhea-AI Summary
PLANTERS® introduces new Nut Duos snacks featuring unique combinations of nut types and flavors for an exciting snacking experience. The three variations include Buffalo Cashews and Ranch Almonds, Cocoa Cashews and Espresso Hazelnuts, and Parmesan Cheese Cashews and Peppercorn Pistachios. Each flavor combination is packed in a 5-ounce resealable bag and priced at $4.79. The product underwent extensive testing to ensure the most appealing flavor profiles for consumers.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
-
Rhea-AI Summary
The SPAM® brand team collaborates with Hawaiian artist Kamea Hadar to create a -edition SPAM® Hawaiian Collectors Edition can as a tribute to the people of Hawaii. The can is available in Hawaii, at the SPAM® Museum in Austin, Minnesota, and online. The partnership aims to strengthen the bond between the brand and Hawaii.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
none
-
Rhea-AI Summary
PLANTERS® brand offers a unique opportunity to travel with MR. PEANUT® on the NUTmobile across America. They are seeking three Peanutters to represent the brand at events and engage with fans. The position is full-time, paid, and lasts from June 2024 to June 2025. Applicants must be college graduates with a passion for travel and nut-related puns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
none
Rhea-AI Summary
Hormel Foods (HRL) declares a quarterly dividend of 28.25 cents per share, continuing its streak of 383 consecutive quarterly dividends since 1928.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
dividends
Hormel Foods Corp.

NYSE:HRL

HRL Rankings

HRL Stock Data

18.58B
289.00M
0.22%
89.25%
1.85%
Animal (except Poultry) Slaughtering
Manufacturing
Link
US
Austin

About HRL

hormel foods is a fortune 500, multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. the company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. the company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value. this diverse portfolio of products includes hams, bacon, sausages, franks, canned luncheon meats, stews, chilis, hash, meat spreads, shelf-stable microwaveable entrees and salsas.