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Hormel Foods (HRL) Stock News, Apr-May 2023

HRL NYSE

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.

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Hormel Foods has launched a new flavor of CORN NUTS® – Mexican Street Corn. The flavor is inspired by elotes, featuring chili and citrus notes that complement the signature crunch of the snack. Robbie Koons, the brand manager, emphasized the excitement for this new addition, which aims to broaden the flavor portfolio since Hormel's acquisition of the brand in 2021. The eye-catching packaging will attract consumers looking for snacks at stores, gas stations, and convenience outlets. CORN NUTS® already has classic flavors like original, ranch, and barbeque in its lineup. The new flavor is expected to resonate with fans and can be found in various retail locations.

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FAQ

What is the current stock price of Hormel Foods (HRL)?

The current stock price of Hormel Foods (HRL) is $20.77 as of September 17, 2026.

What is the market cap of Hormel Foods (HRL)?

The market cap of Hormel Foods (HRL) is approximately 11.4B.