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 (HRL) is launching its award-winning internship program, welcoming 95 students from 50 colleges and universities across the United States. The paid, full-time summer internships span various departments including sales, food science, engineering, and marketing. The program boasts an impressive 70% conversion rate of interns to full-time employees.
Led by Amy Sheehan, director of talent acquisition, the program offers hands-on business experience and opportunities to work directly with company leadership. In 2024, the program received recognition from Vault, earning a category award for "Best Internships for Engineering, Sales, Marketing and Communications."
The PLANTERS® brand and Miller High Life® have announced a collaboration to launch a limited-edition Bar Nut Mix, combining their iconic brands for a unique summer snack offering. The mix features seasoned peanuts and almonds with Cajun-style corn sticks, pretzel sticks, rice crackers, and garlic bread sticks.
This launch continues the partnership between the two brands, following their 2023 merchandise collaboration, the NUTmobile dive bar transformation, and the 2024 Ultimate Dive Bar Wedding featuring MR. PEANUT®. The product will be available exclusively on Amazon starting May 20, 2025, while supplies last.
Hormel Foods (NYSE: HRL) has declared a quarterly dividend of $0.29 per share, as authorized by its Board of Directors on May 19, 2025. The dividend will be paid on August 15, 2025, to stockholders of record as of July 14, 2025. This marks the company's 388th consecutive quarterly dividend payment, highlighting Hormel's remarkable track record of uninterrupted dividend payments since becoming a public company in 1928.
Hormel Foods (NYSE: HRL) has announced that Jeff Baker will become the new group vice president for Retail marketing at the end of fiscal 2025, succeeding Scott Aakre who is retiring. Baker, a 35-year veteran at Hormel, will be responsible for evolving the company's brand portfolio, enhancing its presence in snacking and entertaining, and driving growth in its food-forward portfolio.
Baker's extensive career at Hormel began in 1990, progressing through various roles in sales, product management, and marketing. His previous positions include vice president of marketing for Foodservice (2012), group vice president of Foodservice (2015), group vice president of Deli (2018), and his current role as group vice president of Retail marketing for Value-Added Meats (2022).
Hormel Foods (NYSE: HRL) announced the retirement of Scott Aakre, group vice president and chief marketing officer for Retail, after a 35-year career with the company. Aakre will retire at the end of fiscal 2025, with his responsibilities being transitioned internally. Simultaneously, he has been appointed to the Hormel Foods board of directors, effective May 15, 2025, expanding the board to 12 members. Aakre, who also serves on The Hormel Foundation board, will continue to contribute his expertise to the company through these board positions. The appointment allows Hormel Foods to maintain access to Aakre's extensive marketing experience and deep understanding of the company's brands.
Justin's, a subsidiary of Hormel Foods (HRL), is launching new organic chocolate candy bars nationwide this summer. The Peanut Caramel Nougat Chocolate Candy Bars will be available in both Dark and Milk Chocolate varieties, offering USDA-certified organic and Non-GMO Project Verified options. The products will be sold in two formats: a 1.4 oz single-serve bar ($2.49-$2.79) and a 4.2 oz multi-serve pouch containing six mini-bars ($6.79-$7.49).
The launch aligns with growing consumer demand for healthier snacks, as health-conscious snackers increased by 14% between 2021-2024. The mini-size bars contain just 8 grams of sugar each. Distribution will begin at Sprouts Farmers Market, followed by Whole Foods Market in August 2025, with additional retailers to be added throughout the year.