Hormel Foods Corp Stock Price, News & Analysis

PLANTERS® brand announces that its iconic mascot MR. PEANUT® will make its movie debut in Netflix's upcoming film 'The Electric State', premiering March 14, 2025. The character, voiced by Woody Harrelson, appears as a robot companion in this alternate 1990s story directed by The Russo Brothers, starring Millie Bobby Brown and Chris Pratt.

The film features both MR. PEANUT® and the 26-foot-long PLANTERS® NUTmobile in key roles. To promote the release, PLANTERS® has collaborated with Netflix on exclusive TV spots, including a 30-second commercial showcasing MR. PEANUT®'s robot origin story, featuring The Cranberries' 'Dreams' as soundtrack. The spots will air across multiple channels, including Netflix's ad-supported plan, starting March 10.

Genius Gourmet has announced a strategic partnership with the makers of SKIPPY peanut butter at Expo West 2025, launching their new SKIPPY Inspired Protein Nut Rolls. The collaboration marks Genius Gourmet's entry into the protein snack market with a product featuring SKIPPY's iconic peanut butter flavor.

The new protein nut rolls offer impressive nutritional metrics: 210 calories, 11 grams of protein, 6 grams of fiber, 2g total sugar, and notably 0 grams of added sugar per serving. The product combines gooey caramel, salted roasted peanuts, and a peanut butter flavored core.

Genius Gourmet plans to develop additional SKIPPY-branded products throughout 2025, targeting athletes and health-conscious consumers. The partnership aims to leverage SKIPPY's 90-year brand recognition to enhance shelf appeal and expand distribution channels.

Hormel Foods is launching FONTANINI® Hot Honey Sliced Sausage, a new pizza topping that combines spicy sweetness with premium hand-crafted sausage. The product will debut at the International Pizza Expo in Las Vegas from March 25-27, 2025.

This innovation responds to the growing trend of hot honey in the pizza industry, which has emerged as the fastest-growing ingredient on pizza. The launch follows the success of HORMEL® Ribbon Pepperoni from the previous year's expo, reinforcing the company's commitment to creating value-added products for foodservice operators.

Visitors can sample the new Hot Honey Sliced Sausage along with other pizza toppings at the Hormel Foods booth (No. 1725) at the Las Vegas Convention Center.

Justin's, a leader in nut butters and organic chocolate treats, announced three major product launches for 2025. The company will introduce Classic Crunchy Peanut Butter nationwide in April, targeting the growing crunchy peanut butter segment which represents over 50% of peanut butter buyers. The product will be available in 16 oz jars ($5.89-$6.29) and 28 oz jars.

Additionally, Justin's is launching Peanut Caramel Nougat Chocolate Candy Bars in both Dark and Milk Chocolate varieties, available in single-serve bars ($2.29-$2.49) and multi-serve pouches ($6.49-$6.99). The company is also expanding into the frozen category through a partnership with Rudi's Rocky Mountain Bakery to introduce Sandos, frozen pocket sandwiches featuring Justin's Classic Peanut Butter, priced at $7.99 for a four-pack.

Hormel Foods (NYSE: HRL) reported Q1 fiscal 2025 results with net sales of $2.99 billion, showing 1% organic growth. The company achieved operating income of $228 million with a 7.6% margin, and diluted earnings per share of $0.31 ($0.35 adjusted).

Key highlights include strong performance of flagship brands like SPAM®, Applegate®, and Jennie-O® in retail, broad-based growth in foodservice premium offerings, and international expansion particularly in China. The Planters® business showed significant sequential market recovery.

For fiscal 2025, Hormel reaffirmed its organic net sales growth outlook of 1-3% and adjusted diluted EPS expectations of $1.58-$1.72. The company updated its diluted EPS guidance to $1.49-$1.63, reflecting a $0.02 loss from selling a non-core sow operation. The Transform & Modernize initiative is expected to deliver benefits of $100-150 million.

Hormel Foods has launched the new HORMEL GATHERINGS® Bold and Spicy Tray, featuring jalapeño pepperoni and spicy salami as its centerpiece items. The innovative snack tray combines bold flavors with high-quality ingredients, targeting spice enthusiasts and snack lovers.

The product features jalapeño-infused pepperoni and chorizo-inspired spicy salami, complemented by Pepper Jack and Mild Cheddar cheese. According to Rhonda Ihrke, brand manager at Hormel Foods, this launch aligns with growing consumer demand for spicier food options.

The Bold and Spicy Tray is currently available at super centers, with planned nationwide retail expansion in spring 2024.

Hormel Foods announced the launch of -edition Heart-to-Heart pizza kits featuring the brand's first-ever heart-shaped pepperoni slices for Valentine's Day 2025. The kits include all necessary ingredients for making pizza at home and allow customers to send personalized messages to their loved ones.

Starting February 4, 2025, customers can visit hormelheart-to-heart.com to submit personalized messages and enter for a chance to send a Heart-to-Heart kit to their loved ones. The kits will be released daily through February 11, 2025, while supplies last.

The initiative aims to help consumers celebrate Valentine's Day with pizza, which according to a 2020 Instacart survey, is the holiday's most popular meal. Hormel Pepperoni currently holds the position of No. 1 selling pepperoni brand in the United States, based on the latest 52-week Circana data.

Hormel Foods (NYSE: HRL) has announced its upcoming first quarter earnings conference call scheduled for Thursday, February 27, 2025, at 8:30 a.m. CT (9:30 a.m. ET). The company will release its earnings report before market open on the same day.

The conference call will feature presentations from key executives including Jim Snee (president and CEO), Jacinth Smiley (executive vice president and CFO), and John Ghingo (executive vice president, Retail). Interested parties can access the webcast and related information through the company's investor website at http://investor.hormelfoods.com.

Hormel Foods (NYSE:HRL) has announced key executive changes in its sales organization. Lynn Egner has been appointed as Vice President of Foodservice sales, following David Weber's advancement to group vice president, Foodservice. In this role, Egner will oversee the sales team and strategy for the Foodservice business segment, leading development and implementation of sales plans for foodservice and convenience channels.

Natosha Walsh will transition from her current position as vice president of marketing – Retail, Convenient Meals and Proteins to become Vice President of Retail sales – West. Walsh will be responsible for the company's retail sales strategy and execution with customers in the Western United States. CEO Jim Snee highlighted both executives' experience in developing customer relationships and their capabilities in driving strategic growth.