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), a global leader in branded food production, maintains this dedicated news hub for investors and industry stakeholders. Access timely updates on earnings reports, strategic initiatives, and operational developments from this Fortune 500 company renowned for SPAM, Jennie-O, and Planters brands.
This resource consolidates official press releases, product innovation announcements, and market analysis relevant to Hormel's protein processing expertise and packaged food leadership. Users will find updates spanning three key areas: quarterly financial results, sustainability initiatives, and new product launches across retail and foodservice channels.
Bookmark this page to efficiently track Hormel's performance in the competitive food manufacturing sector, with updates on operational milestones, leadership changes, and supply chain developments. Our curated news selection enables informed analysis of this established player's market position and long-term growth strategies.
The makers of HORMEL® BLACK LABEL® brand have introduced a new -edition flavor: Garlic Rosemary flavored bacon. This launch aims to showcase bacon's potential beyond breakfast and appeal to Millennial and Gen Z consumers who seek exciting flavors but often overlook bacon in non-breakfast recipes. The brand offers the widest selection of flavored bacon in the industry and has recently released other -time flavors like Ranch Bacon and Apple Cider Bacon.
Aly Sill, senior manager of the HORMEL® BLACK LABEL® brand, emphasizes that this new flavor is best suited for dishes like steak wraps or pasta carbonara. The company plans to continue introducing innovative flavors in the coming months to expand bacon's culinary possibilities and attract a new generation of consumers to the category.
Hormel Foods (NYSE: HRL) has announced its third cohort of 10 Under 20 Food Heroes, recognizing young changemakers working towards a more transparent, secure, and sustainable food system. The honorees will visit Hormel's global headquarters in Austin, Minnesota, to connect with company leaders and discuss scaling their projects. Each Food Hero will receive a financial grant to support their initiatives.
The 2024 class includes ten remarkable individuals aged 10-18 from across the United States, each making significant contributions to combat hunger, reduce food waste, and promote food sustainability. Their projects range from founding nonprofits and organizing food distributions to implementing hydroponic gardening systems and eliminating student lunch debt.
Hormel Foods also introduced the 10 Under 20 Food Hero Ambassadors, Shreyaa and Esha Venkat, founders of NEST4US, a nonprofit dedicated to mobilizing volunteers worldwide to address societal issues and spark equitable solutions.
The PLANTERS® brand has launched a new advertising campaign called 'Duo-licious' to support the introduction of PLANTERS® Nut Duos. The campaign features three 15-second TV spots showcasing a singing duo interrupting snacking moments to highlight the unique pairing of two nuts and two flavors in each product. The ads will run on TV, streaming services, digital platforms, and social media, including a Snapchat lens and TikTok creator content.
The PLANTERS® brand team developed the product by exploring over 100 nut-and-flavor combinations before finalizing the most appealing recipes. PLANTERS® Nut Duos are available in 5-ounce resealable bags with a suggested retail price of $4.79.
WHOLLY® AVOCADO, America's top refrigerated guacamole and avocado brand, is partnering with Irv's Burgers to celebrate National Avocado Day on July 31, 2024. Customers at select Irv's Burgers locations in Los Angeles, West Hollywood, and Malibu can enjoy a free WHOLLY® Smashed Avocado Mini with any purchase and try the -time WHOLLY® AVOCADO Bacon Burger.
Additionally, fans nationwide can enter a giveaway on Instagram for a chance to win a year's supply of WHOLLY® products. The brand also suggests recipes for at-home celebrations, including Prosciutto and Avocado Pesto Sandwich Bites, Avocado Sushi Roll, Avocado Hummus, and Avocado Margaritas. WHOLLY® AVOCADO products are made with 100% Hass avocados, are gluten-free, non-GMO, kosher, and keto-friendly.
Hormel Foods (NYSE: HRL) has been named to Forbes' list of America's Best Employers for Women 2024. The company's commitment to supporting women is evident through its employee resource groups like Hormel Foods Women in Leadership and Women's Insight Network. Notably, 12 women hold leadership positions at Hormel Foods, including six at the senior level.
Katie Larson, SVP of Human Resources, emphasized the company's culture of inclusion and diversity, highlighting opportunities for women to lead and excel. The Forbes recognition, conducted in partnership with Statista Inc., was based on an independent survey of over 150,000 women working for companies with at least 1,000 employees in the U.S. The evaluation considered personal and public assessments, as well as diversity among top executives and board members.
Hormel Foods (NYSE: HRL), a Fortune 500 global branded food company, has been named one of the 2024 Selling Power 60 Best Companies to Sell For. This marks the 23rd time Hormel has earned this distinction. The company’s vice president of Sales, David Weber, attributes this accolade to the highly skilled and efficient sales team that drives the company's success.
The recognition highlights Hormel Foods' commitment to creating a successful sales culture through effective marketing strategies, expanding product distribution, and fostering strong customer relationships. The Selling Power research team assessed companies based on compensation and benefits, hiring practices, sales training, sales enablement, and diversity and inclusion.
According to Gerhard Gschwandtner, Selling Power's CEO, companies on the list are noted for their excellent cultures, diversity commitment, and support for their sales teams during challenging economic times. For the full list of the 60 Best Companies to Sell For in 2024, visit Selling Power’s website.
The makers of the SPAM® brand have unveiled a new flavor, SPAM® Korean BBQ, which is now exclusively available at Walmart and Walmart.com. This new variety incorporates a unique blend of umami and Korean-inspired spices, including soy sauce, garlic, ginger, paprika, sesame, and gochujang paste. Known for its historical significance in Korean culture, the SPAM® brand continues to innovate with this latest offering, which aims to attract both loyal fans and new customers. The product is designed to be versatile, suitable for grilling, rice dishes, or sandwiches. Esteemed New York City Chef Esther Choi has joined the launch, bringing her culinary expertise to showcase the new flavor in signature dishes. Visit spam.com for recipes and preparation tips.
The Skippy® brand, the Official Peanut Butter partner of USA Gymnastics, has teamed up with Olympic legends Dominique Dawes and Chellsie Memmel for Gymnastics City USA 2024 in Minneapolis.
This partnership aims to promote Skippy® peanut butter as a nutritious protein snack for athletes.
Dawes and Memmel, both Olympic medalists, will sign autographs and engage with fans in the Flip Zone at Target Plaza outside the Target Center, the site of the Olympic Trials.
Visitors can enjoy interactive experiences, product samples, and have a chance to win Skippy® branded prizes.
Skippy® will also provide its products to athletes throughout the event. For more details, visit @skippybrand on Instagram or gymnasticscity24.com.
The PLANTERS® brand proudly introduces its new trio of Peanutters who will pilot the iconic NUTmobile for the next year. Chosen for their dynamic personalities and love for adventure, the new Peanutters—Jessie Carl, Katie Krupinski, and Ryan Connors—bring diverse talents from musical theatre, public relations, and communications.
They underwent two weeks of training at Hormel Foods' headquarters in Austin, Minnesota, and are set to embark on a year-long nationwide tour. Fans can follow their journey on Instagram and TikTok, and even request the NUTmobile to stop at local events via www.RequestTheNutmobile.com.
The LA Galaxy and Dignity Health Sports Park have announced a multi-year partnership with MegaMex Foods, maker of the HERDEZ® brand, the top-selling salsa brand in Mexico.
This collaboration makes HERDEZ® the official salsa of the LA Galaxy and an official partner of Dignity Health Sports Park (DHSP).
The partnership will see HERDEZ® salsa integrated into all DHSP concessions, enhancing the game-day experience with authentic Mexican flavors.
HERDEZ® branding will be featured prominently during Galaxy games through static and digital signage, LED ribbon boards, and digital scoreboards.
The HERDEZ® brand will also engage fans with a custom activation space during four MLS regular season games and support a special content series during Hispanic Heritage Month.
Both parties aim to enrich the fan experience and deepen connections with the community.
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