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, the leading U.S. retail pepperoni manufacturer, has revealed five major pizza trends for 2025 at the International Pizza Expo in Las Vegas. Brand managers Logan Kumm and Daniel Moore highlighted emerging trends including:
- Spicy flavors gaining popularity among Gen-Z and Millennials, featuring ingredients like chili crisp and Calabrian peppers
- Hot honey's growing prominence, showcased in their new FONTANINI® Hot Honey Sliced Sausage
- Rising demand for regional pizza varieties including Detroit-style, 'Grandma' style, and tavern pies
- Mortadella's emergence as a trending pizza topping, inspired by fine dining trends
- Comfort food crossovers incorporating classic dishes like Reubens and familiar ingredients
Hormel Foods (NYSE: HRL) has announced its quarterly dividend payment of $0.29 per share, as authorized by the Board of Directors on March 24, 2025. The dividend will be paid on May 15, 2025, to stockholders of record as of April 14, 2025.
This upcoming payment marks the company's 387th consecutive quarterly dividend distribution. Notably, Hormel Foods has maintained an uninterrupted record of quarterly dividend payments since its public listing in 1928.
Hormel Foods (NYSE: HRL) has announced the re-appointment of Jeffrey M. Ettinger to its Board of Directors, effective March 21, 2025. Ettinger, currently chairman of The Hormel Foundation, previously served on the board and spent nearly 30 years with the company, including his role as president and CEO until his retirement in 2016.
The Hormel Foundation, an unaffiliated non-profit organization, holds approximately 46% of Hormel Foods outstanding common stock. Ettinger will serve on the board's Governance Committee and CEO Search Committee. The appointment strengthens the company's ties with The Hormel Foundation, which was established over 80 years ago by company founders George A. Hormel and his son Jay.
Hormel Foods (NYSE:HRL) has announced key leadership changes in its Retail business segment. Scott Weisenbeck has been promoted to vice president of marketing – Retail, following his successful track record in driving growth and innovation in the bacon category. His role will expand to oversee a broader brand portfolio.
Joe O'Connor has been elevated to vice president of Emerging Brands – Retail, where he will continue leading the emerging brands business, including Applegate and Justin's. The appointments were announced by CEO Jim Snee and Executive VP of Retail John Ghingo, who emphasized these promotions' strategic importance in strengthening brands and driving growth.
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.
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