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) appointed Donald Monk as its first chief technology officer, effective March 23, 2026. Monk will lead enterprise technology, digital and data strategy to support long-term growth and modernization of the company’s technology platforms.
Monk brings more than 35 years of global technology leadership, including three decades at General Mills where he served as chief information officer, and is tasked with building modern digital capabilities and high-performing global teams.
Hormel Foods (NYSE: HRL) reported preliminary Q1 fiscal 2026 results and reaffirmed full-year adjusted guidance. The company expects Q1 net sales of ~$3.0 billion, 2% organic net sales growth, preliminary diluted EPS of $0.33 and adjusted diluted EPS of $0.34.
The company also entered a definitive agreement to sell its whole-bird turkey business to Life-Science Innovations, expected to close by the end of the company’s Q2 fiscal 2026, and will release full Q1 results on Feb. 26, 2026.
Hormel Foods (NYSE: HRL) agreed to sell its whole-bird turkey business to Life-Science Innovations (LSI), with closing expected by the end of Hormel Foods' fiscal 2026 second quarter, subject to customary conditions.
The sale transfers the Melrose whole-bird plant, Swanville feed mill and related transportation assets; JENNIE-O branded products and brand ownership are not affected. Hormel Foods expects minimal impact to adjusted fiscal 2026 results and noted LSI will co-manufacture to ensure uninterrupted order fulfillment through the end of fiscal 2026.
Hormel Foods (NYSE: HRL) named Will Bonifant group vice president and chief supply chain officer, effective March 9, 2026. Bonifant will lead global procurement, manufacturing, planning, logistics, engineering and supply chain innovation.
He joins from The Hershey Company after 15 years, where he led supply chain strategy and manufacturing for a 20‑plant network and held international leadership roles.
SPAM brand (NYSE: HRL) launched the "SPAM brand vs. Everybody" Big Game campaign on February 3, 2026, partnering with rookie wide receiver Tetairoa McMillan to promote SPAM musubi and game-day recipes. Campaign elements include social contests, prize packs, and cross-promotion on Instagram to drive engagement and cultural storytelling.
Hormel Foods (NYSE: HRL) will present at the 2026 CAGNY Conference in Orlando on Feb. 18, 2026 at 4:00 p.m. ET and will provide a live webcast and replay on its investor website.
The company will release fiscal 2026 first quarter results before markets open on Feb. 26, 2026 and host a conference call at 7:00 a.m. CT / 8:00 a.m. ET with interim CEO Jeff Ettinger, president John Ghingo, and interim CFO Paul Kuehneman; the webcast and replay will be available on investor.hormelfoods.com.
Genius Gourmet (NYSE: HRL) is expanding distribution of its SKIPPY®-inspired protein snack lineup across grocery and convenience channels on February 2, 2026. The three SKIPPY®-inspired items deliver 11–15 grams of protein per serving and zero grams added sugar on two SKIPPY® SKUs.
Expanded retail placement includes H-E-B and Central Market, and a partnership with EG America across over 1,000 convenience stores, aimed at scaling access to protein-forward, nostalgic peanut butter snacks.
PLANTERS (NYSE:HRL) is hiring three full-time Peanutters to drive the NUTmobile nationwide beginning June 2026. The yearlong role covers travel (over 20,000 miles annually), media appearances, content creation, salary, benefits and meal and travel stipends.
Applications are open through Feb. 14, 2026 at BeAPeanutter.com for recent college graduates who submit a resume and short video.
COLUMBUS Craft Meats (HRL) on Jan. 21, 2026 introduced the COLUMBUS Entertaining Tray, a ready-to-serve 12-ounce charcuterie and cheese pairing aimed at convenient at-home hosting. The tray includes COLUMBUS Italian Dry Salame, COLUMBUS Peppered Salame, white cheddar and gouda, is gluten-free, and carries a suggested retail price of $15.49. It will be sold at select national retailers including Hy-Vee, Target and Wakefern. The launch cites consumer data emphasizing convenience and increased informal gatherings.
Hormel Foods (NYSE: HRL) appointed Domenic Borrelli as executive vice president of Retail, effective Feb 23, 2026. Borrelli will lead the Retail business unit, described as one of Hormel's largest growth engines, overseeing many of the company's flagship consumer brands.
He brings 25+ years in food and beverage, including roles directing multi‑billion‑dollar businesses with full P&L responsibility, and joins from Danone North America where he led the Beverage Creations business.