Hormel Foods Corp Stock Price, News & Analysis

The makers of CORN NUTS® brand (HRL) have launched their first-ever Partially Popped corn kernel varieties, combining the lightness of popcorn with their signature crunch. The new product line features three flavors: White Cheddar, Movie Theater Butter, and Kickin' Cheddar.

The limited launch is available at select 7-Eleven, Speedway and Circle K locations in 3-ounce bags, priced between $1.99-$2.49. The launch targets convenience store shoppers, who visit these stores an average of 266 times annually, offering a versatile snacking option for various occasions from road trips to gameday gatherings.

Hormel Foods (NYSE: HRL) has scheduled its second quarter earnings conference call for May 29, 2025, at 8 a.m. CT (9 a.m. ET). The company will release its earnings report before markets open on the same day. The conference call will feature key executives including Jim Snee (President and CEO), Jacinth Smiley (EVP and CFO), and John Ghingo (EVP, Retail). Investors and interested parties can access the webcast, replay, and related information through Hormel's investor website at http://investor.hormelfoods.com.

SPAM® brand has announced its first-ever film collaboration with Disney's upcoming live-action "Lilo & Stitch" movie, launching three limited-edition collectible cans featuring artwork from the film. The special cans, containing the classic SPAM® product, will be available at major retailers nationwide ahead of the movie's theatrical release on May 23, 2025.

The partnership includes a new TV commercial campaign starting May 5, with 15-second ads across streaming and online video platforms. The campaign celebrates both brands' shared connection to Hawaiian culture and family traditions, emphasizing themes of joy, creativity, and Ohana.

According to Daniel Kubiak, senior brand manager for SPAM® brand, this collaboration brings together two brands known for creating lasting family connections across generations. Fans can follow the collaboration on SPAM® brand's social media channels including Instagram, TikTok, and Facebook, as well as on SPAM.com.

Hormel Foods expands its SQUARE TABLE brand with two new heat-and-eat chicken varieties: Tuscan Style Chicken and Maple Bourbon Chicken. The new products, priced at $9.98, are now available at select retailers nationwide.

The Tuscan Style option features chicken breast in an Italian-inspired sauce, designed to pair with pasta and vegetables. The Maple Bourbon variety combines chicken breast with uncured bacon in a sweet-and-smoky sauce, ideal for serving with mashed potatoes.

This launch responds to growing consumer demand for convenient meal solutions that prioritize both speed and quality. Drew Parsons, refrigerated entrees brand manager, emphasizes their focus on providing quick fridge-to-table options. The products reflect a market shift where heat-and-eat meals are becoming a preferred choice, offering quality ingredients and diverse flavors without compromising taste or convenience.

HERDEZ®, a brand under Hormel Foods (HRL), has launched a new addition to its Mexican Refrigerated Entrées line - Al Pastor Seasoned Shredded Pork with Sauce. The product features tender shredded pork seasoned with spices, citrus notes, and chipotle chilis, targeting the growing demand for global-inspired convenient meal solutions.

The new product, priced between $9.98-$10.98, is now available at major retailers nationwide. This launch responds to increasing consumer preference for quality heat-and-eat options, particularly among younger consumers seeking convenient yet flavorful meal solutions. The product can be used in various Mexican dishes, including tacos, Gringas Al Pastor, and Street-Style Nachos.

Hormel Foods (NYSE: HRL) announced a significant leadership change in its supply chain organization. Steve Lykken, group vice president of supply chain, is departing after 32 years to pursue another opportunity. Kevin Myers, PhD, has been appointed as interim group vice president of supply chain.

Myers, who joined Hormel in 2001 as a research scientist, previously served as senior vice president of research & development and quality control since 2015. In his interim role, he will oversee all aspects of the company's supply chain organization, including procurement, manufacturing, engineering, logistics, R&D, quality management, and plant operations.

The permanent replacement for Lykken will be determined by the company's future CEO once appointed. Myers brings extensive experience, having spent a decade in food industry leadership positions before joining Hormel, specializing in food technology, research science, and new product development.

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.