Hormel Foods Corp Stock Price, News & Analysis

Hormel Foods (NYSE: HRL) and Forward Consumer Partners announced a definitive agreement dated Oct. 28, 2025 to establish a strategic partnership that will make the Justin's branded business a standalone company.

Under the deal, the new company will be owned 51% by Forward and 49% by Hormel; the transaction is expected to close by the end of the calendar year. Founder Justin Gold will return as strategic advisor and board member, Peter Burns will return as CEO, and Matt Leeds will become chairman of the board. Financial advisors for the deal were named for both parties.

Hormel (NYSE: HRL) and Frank's RedHot announced a limited-edition BLACK LABEL Frank's RedHot flavored bacon, available for a short time starting Oct 28, 2025. Each hardwood-smoked strip combines smoky bacon with Frank's signature heat.

The launch includes a social campaign, the #OnEverythingChallenge, and a livestream tasting hosted by pro football running back Aaron Jones on Instagram on Nov 11, 2025. Fans can submit combos via @blacklabelbacon for a chance to be featured.

Hormel Foods (NYSE: HRL) announced a voluntary Class 1 recall on Oct 25, 2025 for 215,258 cases (4,874,815 pounds) of HORMEL® FIRE BRAISED products bearing establishment number P-223 distributed to U.S. foodservice customers because they may contain extraneous metal material. No other Hormel products are affected and no illnesses or injuries have been reported. The recall covers specific item codes and label dates across multiple SKUs; affected customers have been notified. The action is being conducted with knowledge of the Food Safety and Inspection Service (FSIS).

PLANTERS (NYSE: HRL) reintroduced its limited-edition PLANTERS Special Reserve peanuts on Oct. 22, 2025 for National Nut Day. The seasonal product features extra-large, red-skin peanuts grown on a small acreage in Virginia, roasted for a balance of salt, crunch and creaminess. The 13-ounce aluminum containers carry a suggested retail price of $8.99 and are available at select Albertsons stores and online at Amazon while supplies last.

Jennie-O (HRL) released its Roots & Recipes Report on Oct. 21, 2025, summarizing a Talker Research survey of 5,000 Americans about how cultural heritage shapes Thanksgiving menus.

Key findings: 55% are open to trying recipes from other cultures; >50% keep dishes older than 25 years; average gatherings last five hours; top sides are stuffing, mashed potatoes, rolls, cranberry sauce and green bean casserole. The Jennie-O 1-800-TURKEYS hotline returns Nov. 1–29 for its 18th year, offering 24/7 turkey help and cultural seasoning guidance.

Hormel Foods (NYSE: HRL) marked its 15th consecutive Hunger Action Month on October 7, 2025, donating $332,000 through a plant-led giving program.

Each U.S. production facility receives $10,000 to allocate to local hunger-relief organizations; in September the program supported 46 organizations. Facility team members choose recipients to direct funds locally.

The program complements Hormel Foods' broader food-security work: the company reported more than $53 million in cash and product donated since 2020 and launched a 2025 signature partnership with Share Our Strength/No Kid Hungry to expand summer meal access and school breakfast initiatives.

Hormel Foods (NYSE: HRL) has declared a quarterly dividend of $0.29 per share, maintaining its long-standing tradition of consistent dividend payments. The dividend will be paid on November 17, 2025, to stockholders of record as of October 14, 2025.

This marks the company's 389th consecutive quarterly dividend since becoming a public company in 1928, highlighting Hormel's remarkable track record of uninterrupted dividend payments spanning nearly a century.

Hormel Foods (NYSE:HRL) has announced the launch of two new premium PLANTERS® trail mix varieties targeting the growing snack-nut category. The new products - White Chocolate Macadamia Nut and Chocolate Caramel Pecan Crunch trail mixes - feature more than 50% nuts in their composition.

Both varieties combine premium nuts with sweet elements, aiming to attract younger consumers to the category. The products are now available nationwide in 5-ounce stand-up bags, priced between $3.49 and $3.99.

Hormel Foods (NYSE:HRL) has released its 19th annual Global Impact Report for fiscal year 2024, introducing its new framework "Good Feeds Us All." The framework focuses on two main pillars: planet and society.

Under this framework, the company achieved several environmental milestones, including the elimination of 9.7 metric tons of CO2 emissions and a 5.5% reduction in water usage, saving over 73 million gallons. The company also reduced packaging materials by more than 1 million pounds through 23 projects and provided $22.6 million in cash and product donations.

The report, aligned with GRI Standards and SASB frameworks, demonstrates Hormel's commitment to sustainability, responsible sourcing, and community support, including providing free college education to 179 dependents of U.S. team members.