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.
The makers of WHOLLY® GUACAMOLE, America's No. 1 refrigerated guacamole brand, have introduced their latest product: WHOLLY® GUACAMOLE Extra Chunky Restaurant Style guacamole. This new product is crafted with real hand-scooped Hass avocados, tomatoes, red onions, cilantro, lime juice, jalapeño peppers, and spices to provide a medium heat kick. It aims to replicate the restaurant guacamole experience at home, catering to over 62% of consumers who are shifting towards home meals. Available in multiple sizes at various grocery retailers, this product targets those looking for convenient, authentic-tasting guacamole.
Hormel Foods (NYSE: HRL) announced its quarterly dividend of 28.25 cents per share on May 20, 2024.
The dividend is set to be paid on August 15, 2024, to shareholders on record as of July 15, 2024.
This marks the 384th consecutive quarterly dividend payment by Hormel since it became a public company in 1928.
Hormel Foods is a Fortune 500 global branded food company.
MegaMex Foods has launched a new product line called HERDEZ® Quemada Charred Salsas, aimed at enhancing restaurant menus with unique, deep charred flavors. The salsas are available in four flavors: Salsa Roja, Salsa Verde, Salsa Poblano, and Salsa Chipotle, with heat levels ranging from mild to medium. The salsas are made with ingredients like charred tomatoes, tomatillos, and various peppers, offering a house-made consistency. These products are available in 4/67 oz resealable jugs and are designed for foodservice operations seeking innovative flavors. For more information, visit MegaMex Foods’ website.
Hormel Foods announced the appointment of Colleen Batcheler as the new Senior Vice President, External Affairs & General Counsel. Batcheler will oversee the Legal and External Affairs function, reporting directly to Jim Snee, the CEO. She brings over 25 years of legal experience to the role.
Hormel Foods Sales, issued a voluntary recall for specific PLANTERS® products distributed to two retailers in five states due to potential Listeria monocytogenes contamination. No consumer illnesses reported. The affected products include Honey Roasted Peanuts and Deluxe Lightly Salted Mixed Nuts with specific UPC codes and expiration dates.
Hormel Foods (NYSE: HRL) will hold a conference call to discuss its second-quarter financial results. The call will feature key executives and will take place on May 30, 2024, at 8 a.m. CT. Interested parties can access the webcast and other related information on the company's investor website.
The PLANTERS® brand has introduced a new salt & vinegar flavored cashews to their portfolio, aiming to provide a unique snacking experience for consumers. The new flavor is part of their successful line of flavored cashews, following the release of other exciting varieties in the past.
The makers of the CORN NUTS® brand have introduced a new flavor, Loaded Taco, to their lineup. These crunchy corn kernels are now available at retailers and convenience stores nationwide, offering a bold and familiar taste experience. The addition of Loaded Taco Flavor expands the brand's already diverse portfolio of snack options, providing consumers with a satisfying and delicious snacking choice.
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