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 (NYSE: HRL) is a Fortune 500 global branded food company based in Austin, Minnesota, known for protein-centric foods sold under brands such as PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS® and JENNIE-O®. The Hormel Foods news stream covers developments that affect its brand portfolio, financial performance and corporate strategy.
Investors and followers of HRL can use this page to monitor earnings announcements and outlook updates, including quarterly and full-year results, segment performance in Retail, Foodservice and International, and commentary on margins, input costs and strategic initiatives like the Transform and Modernize (T&M) program. Regulatory disclosures about restructuring plans, role reductions and other cost actions are also reflected in company news and related Form 8‑K filings.
News from Hormel Foods frequently highlights brand and product activity, such as new offerings from the HORMEL® MARY KITCHEN® brand, collaborations for SKIPPY® products with partners like Milk Bar®, and experiential marketing programs for the PLANTERS® brand, including the NUTmobile and Peanutter ambassador roles. These stories provide insight into how the company supports its brands, engages consumers and responds to demand for convenient, comfort-oriented foods and snacks.
Corporate updates also include leadership changes and governance milestones, such as appointments to executive roles, information about the annual meeting of stockholders and recognition from external organizations. Examples include being named to Fast Company’s Brands That Matter list and being recognized by U.S. News & World Report, Newsweek and TIME magazine for workplace quality, responsibility and overall performance.
By following this HRL news page, readers can track how Hormel Foods communicates its strategy, manages its portfolio of more than 30 brands and navigates market conditions across its retail, foodservice and international businesses.
Hormel Foods has launched a new plant-based pepperoni-style topping called Happy Little Plants®. Developed in collaboration with pizzerias and chefs, this product aims to provide a taste and cooking experience similar to traditional pepperoni, appealing to both plant-based eaters and meat lovers. It will soon be available at pizzerias nationwide and showcased at the Pizza Expo in Las Vegas. Hormel, recognized as a leader in the food industry, continues to innovate in plant-based offerings to meet consumer demand for healthier options.
Hormel Foods Corporation (NYSE: HRL) will hold a conference call on September 2, 2021, to discuss its third quarter financial results. The call is scheduled for 8:00 a.m. CT (9:00 a.m. ET) and will follow the release of the earnings press release before the market opens. Interested parties can listen to the live webcast on the company's website under the Investors section. Hormel Foods is a global food company with over $9 billion in annual revenue.
Hormel Chili, the top-selling chili brand in the U.S., is inviting fans to submit creative recipes for the inaugural Hormel Chili Creations cookbook. Submissions are open until 11:59 p.m. CDT on August 29, 2021, with selected recipes featured in the cookbook set to launch later this year. Additionally, Hormel Foods will donate up to $10,000 to Autism Speaks for every recipe submitted. Hormel Chili aims to showcase its versatility beyond being enjoyed in a bowl, as noted by brand manager Sarah Johnson.
Hormel Foods (NYSE: HRL) has launched its largest summer internship program, welcoming 83 students from nearly 50 colleges across the U.S., despite the ongoing COVID-19 pandemic. The 10-week program, initiated on June 1 and concluding on August 6, offers paid positions averaging 40 hours per week. Hormel's internship program boasts an 85% conversion rate of interns to full-time employees. Notably, it ranked 38th in Vault's 2021 Best Internships and has received accolades for its excellence in various internship categories.
The MR. PEANUT® character is relocating to Hormel Foods in Minnesota, marking the PLANTERS® brand's new chapter. To celebrate, the character is donating a total of $100,000 to 10 local charities, awarding $10,000 each to support impactful community initiatives. Events will include a welcoming gathering on July 15, featuring celebrity appearances and promotional activities. Hormel Foods, known for brands like SKIPPY® and SPAM®, aims to engage the community and highlight local heroes throughout the summer. The NUTMOBILE™ will tour Minnesota to further promote these efforts.
Hormel Foods Corporation (NYSE: HRL) has been recognized as No. 17 on Selling Power's 50 Best Companies to Sell For list, marking the 21st consecutive year of publication. This accolade highlights the company’s commitment to world-class benefits and training programs. Hormel emphasizes a culture of inclusion and talent development, backed by effective sales professionals. The ranking evaluated companies on compensation, sales culture, onboarding, and training strategies. Hormel Foods operates globally, generating over $9 billion in annual revenue.
The Natural Choice® brand launched the 2021 Good Feeds Us All Tour in partnership with BBQ expert Moe Cason, providing donations and free sandwich samples of its new hardwood smoked lunch meat. The tour, running until July 16, features events at various community organizations across the U.S., including Cub Foods locations in Minnesota. Cason emphasizes that the lunch meats are crafted using traditional methods. Natural Choice® products are 100% natural, with no preservatives or artificial ingredients, aimed at offering convenient meal solutions to families.
The makers of Natural Choice are collaborating with BBQ expert Moe Cason for the 2021 Good Feeds Us All Tour, aimed at supporting communities in need. Kicking off on June 23, 2021, the tour will visit cities like St. Paul, Des Moines, and Kansas City, featuring free public sampling events and donations. Cason’s signature sandwich made with Natural Choice hardwood smoked lunch meats will be showcased. The tour runs until July 16 and emphasizes community connections while offering wholesome meal solutions.
Hormel Foods Corporation (NYSE: HRL) has announced a donation of 100,000 meals to hunger organizations while hosting its eighth virtual Concert of Hope & Thanks on June 8, 2021. This initiative builds upon the more than $1 million donated and millions of meals provided since the pandemic began. The concert features artists such as David Shaw and Judith Hill and aims to support community needs through organizations like Conscious Alliance. Hormel has pledged over $50 million to hunger-relief in the last five years and continues to engage its team of 20,000 globally.
Hormel Foods Corporation has finalized its acquisition of the Planters® snacking portfolio from Kraft Heinz, marking its largest purchase to date. This deal includes popular brands such as NUT-rition®, Cheez Balls, and Corn Nuts®, along with three production facilities. The acquisition is part of Hormel's strategy to expand its snacking offerings and enhance its brand portfolio, which also features SKIPPY® and SPAM®. Hormel's leadership anticipates significant growth potential for the Planters® brand fueled by its marketing and sales capabilities.