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Hormel Foods Brings Together Brands with Introduction of COLUMBUS® Handcrafted Charcuterie Board
COLUMBUS® Manufacturing, maker of premium, award-winning Italian deli meats and charcuterie for more than 100 years, announces the introduction of the Handcrafted Charcuterie Board available exclusively at Walmart. The new Handcrafted Charcuterie Board features a carefully curated and generous selection of meats, cheese, crackers, dried fruit, chocolate, and other delicious accompaniments along with instructions and tips that customers can use to put together an impressive charcuterie board for their guests.
In addition to featuring premium COLUMBUS® Italian Dry Salami...
Hormel Foods to Showcase Brands, Innovation and Showstopping Menu Items at National Restaurant Show
Attending the prestigious National Restaurant Association Show has long been a tradition of Hormel Foods Corporation (NYSE: HRL), an annual opportunity for the Fortune 500 global-branded food company to highlight its extensive product offerings to foodservice operators from around the country. This year's show takes place May 20-23 at McCormick Place in Chicago and will feature more than 2,100 exhibits hosted by hundreds of U.S. manufacturers and suppliers. But none of those exhibits promises to be as eye popping as what Hormel Foods is...
Hormel Foods Company Information About California Proposition 12
Hormel Foods has assessed Proposition 12 and Question 3, and while we are still awaiting final clarity on specific details and rules, the company is preparing to fully comply when these laws go into effect. The company’s Applegate portfolio of products already complies with Proposition 12 and Massachusetts Question 3.
Hormel Foods has confirmed that it faces no risk of material losses from compliance with Proposition 12 and Question 3. While these measures will add complexity to our supply chain, including costs associated with compliance, California and Massachusetts are important markets for...
Celebrate National BBQ Month with Affordable, Restaurant Quality Family BBQ Meals Curated by Lloyd's Barbeque
The makers of Lloyd's®barbeque products, one of the leaders in heat-and-serve barbeque in America, have again joined forces with Matt Abdoo, Executive Chef & Partner of Pig Beach BBQ to celebrate National BBQ Month in May. These barbeque icons have curated affordable and authentic barbeque meals for the entire family that are all under $25."What better way to celebrate National BBQ Month than bringing families and friends together over some delicious food," said Rhonda Ihrke, Lloyd's® barbeque brand manager...
Hormel Foods Elects Two New Members to its Board Of Directors
Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced today that Ray Young, former vice chairman and chief financial officer of Archer-Daniels-Midland Company, and Mike Zechmeister, chief financial officer of C.H. Robinson Worldwide, Inc., have been elected to the Hormel Foods Board of Directors, effective March 27, 2023.
“We are very excited to have Ray and Mike join our board,” said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods...
Makers of Fontanini Brand Revolutionize Pizza Toppings with Launch of First Ever Cup & Char Sausage
The makers of the Fontanini® brand are upping the stakes in the pizza game with unmatched innovation by launching Fontanini® Cup & Char Sausage, a first-of-its-kind product in the pizza topping industry. This cutting-edge foodservice product, which features Italian flavors and uniquely crispy, caramelized edges, promises to add a distinctive touch to any pizza pie.
As a key player in the foodservice and pizza industry, Hormel Foods continuously innovates its product portfolio to provide only the best and most...
Hormel Foods Create First-Ever Smoked Bacon Using Elite Maple Wood From College Basketball’s Tourney
This March, basketball and bacon fans unite for the first time as the makers of HORMEL® BLACK LABEL® Bacon will give some of college basketball’s most diehard fans the chance to taste the most elite smoked meat ever. Introducing Hardcourt Smoked HORMEL® BLACK LABEL® Bacon, a first-of-its-kind bacon smoked with the actual northern cherry maple wood that is used to make the final floors of the 2023 college basketball tournament...
Hormel Foods, The Culinary Institute of America Announce Chefs Selected for The Culinary Leadership
The successful Culinary Enrichment and Innovation Program (CEIP), a collaboration between the Foodservice segment of Hormel Foods (NYSE: HRL) and The Culinary Institute of America (CIA) has announced the 20 chefs who will comprise its seventh CEIP Class of 2024. These chefs represent foodservice operations in both the commercial and non-commercial segments, ranging from multi-unit restaurants to hotels to universities and senior living facilities. Their 12-month journey of culinary excellence will begin April 3, 2023. CEIP is the only professional development program...
Hormel Foods Launches New HORMEL Sliced Chorizo for Adventurous Foodies
Hormel Foods – a Fortune 500 global branded food company and the makers of HORMEL® pepperoni products, Americas No. 1 pepperoni brand* - have launched the new HORMEL® Sliced Chorizo. This new innovation has been specifically crafted to help consumers take their culinary game to the next level with flavors that are globally inspired and provide a slice of adventure to pizzas, paninis, tapas and more.
"As the No. 1 pepperoni brand* and pizza topping experts, we know that consumers are increasingly eager to explore new and diverse flavors...
Hormel Foods and The World Pizza Champions Team Up to Bring Unmatched Innovation to Pizza Toppings
Hormel Foods - the makers of the Rosa Grande® pepperoni brand - and The World Pizza Champions™,America's #1 Pizza Team™, are once again joining forces to bring pizzerias all over the country a mouth-watering pepperoni experience. The two pizza powerhouses are ready to wow pizza topping connoisseurs with Rosa Grande® pepperoni, the must-have pepperoni brand for the pizza world.
"We are thrilled to announce our partnership with The World Pizza Champions™ team," said Colby Strilaeff, Rosa Grande...
Hormel Foods Reports First Quarter Fiscal 2023 Results
Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today reported results for the first quarter of fiscal 2023. Effective Oct. 31, 2022, the Company transitioned to three operating segments – Retail, Foodservice and International. The Company provided recast financial information for fiscal years 2021 and 2022 via a Form 8-K filed with the U.S. Securities and Exchange Commission on Feb. 28, 2023. All comparisons are to the first quarter of fiscal 2022 unless otherwise noted.
EXECUTIVE SUMMARY - FIRST QUARTER...
Hormel Foods Wins Product of the Year Canada
Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the its Columbus® Charcuterie Tasting Board has won the appetizer category for Product of the Year Canada.
"We are honored to be recognized for this innovative product that is helping to make charcuterie easy and approachable for everyone," said Ali Martin, associate brand manager, international at Hormel Foods. "Charcuterie has really grown quickly in Canada, and the United States, and it's a great, anytime appetizer or snacking item for all occasions...
Hormel Foods Announces Advancement of Henry Hsia to VP Retail Marketing - Snacking and Entertaining
Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced the advancement of Henry Hsia to vice president of Retail marketing – Snacking and entertaining. In this role, Hsia is responsible for managing all brand-building activities for the Hormel Foods growing portfolio of snacking and entertaining brands, including Planters®, Corn Nuts®, Hormel® Pepperoni, Hormel Gatherings® and Columbus®.
"We are very excited to have Henry lead the snacking and entertaining...
Hormel Foods Recognized as 2022 Category Captain
Hormel Foods was once again honored as a 2022 Category Captain by Progressive Grocer magazine. The annual awards competition recognizes companies that are providing solutions and insights to drive sales growth in stores.
“We are thrilled to receive this recognition for the work we are doing in strategically leading our retail partners,” said Mark Thompson, director of sales strategy, Retail Sales. “Hormel Foods has a long history of receiving Progressive Grocer’s Category Captain award and this recognition establishes us as someone the retailer can trust to lead initiatives that helps improve the retail ..."
Hormel Foods Reports Record Sales and Double-Digit Earnings Growth in Fiscal 2022
Hormel Foods Corporation, a Fortune 500 leading global branded food company, today reported results for the fourth quarter of fiscal 2022. The fourth quarter and full year of 2022 reflect one fewer week compared to the prior year. All comparisons are to the fourth quarter of fiscal 2021 unless otherwise noted.
EXECUTIVE SUMMARY - FISCAL 2022
Jennie-O Turkey Store & Carla Hall Announce National Partnership, “School Cafeteria Takeovers”
The makers of the Jennie-O® turkey brand – category leader and trusted brand for turkey products – announced a partnership in October with esteemed chef, cookbook author and beloved TV personality Carla Hall.
As part of this partnership, the Jennie-O team and Hall visit schools across the nation to honor school cafeteria staff by hosting School Cafeteria Takeovers, which kicked off last month in Knoxville, Tenn., at Blue Grass Elementary School. Today, the team recognizes the unsung heroes of the school cafeteria at Panorama High School...
Hormel Foods CEO Jim Snee Receives Responsible CEO of the Year Honor
Snee Honored For Transformational Leadership
Award highlights the company's work in equity in education and food security
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced Jim Snee, chairman of the board, president and chief executive officer, was named the 2022 Responsible CEO of the Year for transformative leadership by 3BL Media. Snee was presented the award Oct. 25 during the 3BL annual forum, Brands Taking Stands, in New York City.
3BL Media's Responsible CEO of the Year awards recognize chief executives with proven records...
Hormel Foods Honored as a Best for Vets Employer for 10 Consecutive Years
Hormel Foods Corporation a Fortune 500 global branded food company today announced it has been ranked No. 39 on Military Times' 2022 Best for Vets: Employers list. This is the 10th consecutive year the company has made the list, which evaluates many factors including an in-depth analysis of a company's efforts to recruit, retain, and support current and former service members, military spouses, and military caregivers.
"Hormel Foods has a long and proud history of supporting the military, both as an active recruiter for former service..."
Hormel Foods Recognized Again for Leading Internship Program
Hormel Foods Corporation, a Fortune 500 global branded food company, announced today its internship program has been honored once again, having been named in the 2023 Vault Best Internships ranking. The company's internship program was recognized in the categories of best internships for the retail and consumer products industry and also top engineering roles.
"Our internship program is an excellent opportunity for those looking to build a career with us and experience all that working for an industry-leading Fortune 500 company can offer. We're currently recruiting interns to start with us..."
Hormel Foods Recognized by Investor's Business Daily on 100 Best ESG Companies List
Hormel Foods Corporation, a Fortune 500 global branded food company, was ranked for the first time on the Investor's Business Daily annual report of the 100 Best ESG Companies. The list recognizes companies with superior environmental, social and governance (ESG) ratings combined with strong fundamental and technical stock performance.
As part of its Our Food Journey™, Hormel Foods created its 20 by 30 Challenge, a set of 20 qualitative and quantitative goals to achieve by the end of 2030 with a focus on environmental...
‘Charcuterie’ Becomes a Verb
Consumers love charcuterie because it turns food into art. Austin, Minn.-based Hormel Foods identifies that not only is there the visual aspect that makes charcuterie so engaging, but the pairing of flavors is certainly part of the art as well.
“Charcuterie remains a hot trend as consumers continue to look to add flavor and interest to their gatherings,” said Holly Lavallie, vice president of marketing for Hormel Deli Solutions. “What is exciting is that charcuterie is almost becoming a verb, like people saying..."
SPAM® Sales Sizzle with the Help of Social Media
Spam, the square canned meat, with the iconic blue and yellow label, has been feeding families for more than 85 years. Hormel Foods says with the help of social media, it’s become even more popular.
Austin’s canned ham was made by Hormel Foods at the end of the depression in 1937 as an affordable and convenient meat option. The product, made up of only six ingredients, is now in more than 47 countries...
Hormel Foods Appoints Scott Aakre as Senior Vice President of Brand Fuel
Hormel Foods Establishing New Brand Fuel Center of Excellence to Support Iconic and Emerging Portfolio of Brands
Aakre Continues to Lead Global Innovation and Insights
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced the appointment of Scott Aakre as senior vice president of Brand Fuel, the company’s newest center of excellence focused on consumer insights and innovation for its portfolio of more than 30 leading brands.
Aakre’s appointment follows the company’s recent announcement of an operating model evolution that includes a new...
Hormel Foods Appoints Katie Larson as Senior Vice President of Human Resources
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced the appointment of Katie Larson as senior vice president of human resources.
Larson assumes responsibility for leading the global human resources function at the company, bringing more than 20 years of experience in human resources leadership at Hormel Foods. Larson will continue the world-class employer philosophy at Hormel Foods, leading business-focused people strategies. Hormel Foods employs more than 20,000 team members around the globe and has been recognized as a World’s Best Employer by...
Hormel Foods Provides Food for Hurricane Ian Relief Efforts
Hormel Foods Corporation, a Fortune 500 global branded food company, announced that it has provided support to Convoy of Hope’s disaster recovery response in the wake of Hurricane Ian.
The company’s donation will immediately go to assisting those impacted by the devastating hurricanes that ravaged areas within Florida. Convoy of Hope is a nonprofit organization with a driving passion to feed the world through initiatives for children, community outreach events and disaster-response efforts.
Hormel Foods has donated more than $50 million in cash and product donations to nonprofit organizations...
Hormel® Black Label® Bacon Revives the Little Sizzlers® Original Pork Sausages for a Limited Time
The Makers of Hormel® Black Label® bacon brand is celebrating National Sausage Month during October in sizzling style. The brand team heard the pleas of sausage lovers far and wide and for a limited time, while supplies last, is bringing back its fan favorite Little Sizzlers™ original pork sausages at select retail locations for all October!
"Consumers asked, and we answered! We know that consumers have loved our Little Sizzlers™ sausages for years, and we're so excited to..."
Findings Show that the Hamburger and Hot Dog Still Reign Supreme at Football Tailgates
In Honor of National Tailgating Month, Hormel Foods Releases Surprising Data Around U.S. Tailgating Choices and Etiquette; From Onsite "Jobs" and What to Bring, When to Arrive and Grilling Methods; Hormel Foods Unearths National Tailgating Habits, State-by-State
Today, Hormel Foods Corporation, a Fortune 500 global branded food company, shared the results of its latest national consumer survey about tailgating preferences and etiquette. The anticipation and excitement of tailgating are reaching a fevered height, as consumers return to their favorite pre-pandemic routines. The nationwide...
Hormel Foods Unveils "The Inspired People Plaza" and 25-Foot-Tall Sculpture by Gordon Huether
Hormel Foods Corporation, a Fortune 500 global branded food company, unveiled "The Inspired People Plaza" at its global headquarters in Austin, Minn.
The centerpiece of the plaza is a 1-ton, 25-foot-tall fork sculpture created by Artist Gordon Huether. The statue is clad with nearly 20,000 forks, representing and donated by Hormel Foods team members worldwide. It is located on the front lawn of 1 Hormel Place and serves as the anchor of the new outdoor plaza. The plaza's name is a nod...
Hormel Foods Launches its 16th Annual Global Impact Report
Company shares its food journey progress as a leading corporate citizen
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced the launch of its 16th annual Global Impact Report. The report, available online at https://csr.hormelfoods.com/ , contains detailed information about the company’s progress toward its corporate responsibility and environmental, social and governance (ESG) goals in fiscal 2021.
“For over 130 years, we’ve been making a difference, with our people, in our communities and with our products,” said Jim Snee, chairman of the board, president and chief executive officer of...
Hormel® Black Label® Bacon Celebrates National Bacon Lovers Day
When it comes to celebrating bacon, the experts at the Hormel® Black Label® bacon brand have their fans covered. To mark National Bacon Lovers Day, the brand has several tasty recipes that will take you beyond the breakfast plate. From sweet to savory, everything is better with Hormel® Black Label® bacon.
From Hormel® Black Label® bacon street corn and taco shells to cookies and cupcakes. We believe Hormel® Black Label® bacon brings any dish to the next level. The flavor and...
Minneapolis Star Tribune Covers Hormel Foods Evolution
Hormel Foods Named One of the Top Corporate Citizens in the United States
Hormel Foods Corporation, a global branded food company, today announced it has been named one of the 100 Best Corporate Citizens by 3BL Media.
The 2022 ranking recognizes outstanding environmental, social and governance (ESG) transparency and performance among the 1,000 largest U.S. public companies. Hormel Foods has been included on the 100 Best Corporate Citizens list 13 times.
“Hormel Foods is committed to responsibly shaping the future of food with a reputation as a company that cares about our people, consumers, communities and planet,” said Jim Snee...
Hormel Foods Announces New Strategic Operating Model
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced a new strategic operating model, aligning its businesses to be more agile, consumer and customer focused, and market driven. Effective Oct. 31, 2022, the beginning of fiscal 2023, the company is transitioning to three operating segments – Retail, Foodservice and International. The One Supply Chain team will continue to oversee the company's global supply chain.
"Hormel Foods is a distinctly different company than it was a decade ago, with a food forward, growth-oriented portfolio of leading brands and..."
Hormel Foods Named to Selling Power's 50 Best Companies to Sell For List in 2022
Hormel Foods Corporation, a Fortune 500 global branded food company, is pleased to announce that it has ranked No. 15 on the Selling Power 50 Best Companies to Sell For list. This is the 22nd consecutive year the ranking has been published by Selling Power magazine.
"Once again we are honored to be recognized among the top 50 companies to sell for in the nation," said David Weber, vice president of sales, Foodservice. "We're proud of our reputation for having a sales culture..."
Hormel Foods Details Changing Culinary Landscape in America
It's no surprise that consumer preferences about food shifted widely during the past two years as people reprioritized what mattered most to them. Some cemented new food routines, while others strengthened their resolve to use brands that align with their core values. Fortune 500 global branded food company Hormel Foods Corporation tapped the company's innovation and insights experts to provide culinary insights that are driving today's food trends.
"Hormel Foods has seen dramatic changes in people's eating habits, culinary interests and where they find information about food," said Heather Vossler, director of...
Hormel Foods EVP Deanna Brady Receives Top Women in Grocery Honor
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced Executive Vice President of Refrigerated Foods Deanna Brady is on the 2022 Top Women in Grocery list compiled each year by Progressive Grocer magazine.
Progressive Grocer's 2022 Top Women in Grocery awards program recognizes the integral role women play across all segments of the North American food retail and grocery industries. Now in its 16th year, it is the food retailing industry's longest-running program recognizing and celebrating the accomplishments and contributions of thousands of women...
Hormel Foods Announces New Regenerative Agriculture Initiatives
Hormel Foods Corporation, a Fortune 500 global branded food company, along with its subsidiary Applegate Farms LLC, is leading the way in supporting farmers who employ regenerative agriculture practices, a holistic system of farming that encourages continuous innovation and soil improvement using techniques such as minimal or no soil tillage, regular crop rotation and cover cropping.
Hormel Foods recently became a major sponsor of an up to 50,000-acre regenerative-agriculture pilot project to be located throughout central and southeast Minnesota. Assistance from Hormel Foods and other participants will help provide...
Hormel Foods Global Brands and Business Strategy on Stage at dbAccess Global Consumer Conference
Fortune 500 global branded food company Hormel Foods recently presented at the 2022 Deutsche Bank dbAccess Global Consumer Conference held in Paris from June 14-16. Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods, and Swen Neufeldt, group vice president and president of Hormel Foods International, gave the global investment audience insight into the strategic playbook of the 131-year-old company.
The senior leaders discussed the company's strategic priorities and what makes Hormel Foods an uncommon company, including the...
Hormel Foods Announces Retirement of Gary Jamison, Vice President and Treasurer, After 34 Years
Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Gary Jamison, vice president and treasurer, will be retiring after a 34-year career with the company. The company also announced it has appointed Florence Makope to succeed Jamison as vice president and treasurer. Makope, who joins Hormel Foods with more than 20 years of finance and treasury experience, will report to Jacinth Smiley, Hormel Foods executive vice president and chief financial officer.
"Gary has provided exceptional leadership to our financial organization, including..."
The Makers of the HORMEL® NATURAL CHOICE® Brand Launch New Product to Spice up Sandwiches
The makers of HORMEL® NATURAL CHOICE® products, a lunchtime favorite and tasty solution for any mealtime, announced its newest product, HORMEL® NATURAL CHOICE® Sandwich Pepperoni. Created specifically to help consumers satisfy their pepperoni cravings and guarantee a 100 percent natural* and flavor-forward experience. The versatility of HORMEL® NATURAL CHOICE® Sandwich Pepperoni creates endless shared food opportunities with family and friends from snacking to mealtime.
"Consumers are ready to have shared experiences with family and..."
Hormel Foods Reports Record Sales and Double-Digit Earnings Growth in the Second Quarter
Hormel Foods Corporation, a leading global branded food company, today reported results for the second quarter of fiscal 2022. All comparisons are to the second quarter of fiscal 2021 unless otherwise noted.
EXECUTIVE SUMMARY
SECOND QUARTER
- Volume of 1.2 billion lbs., down 2%; organic volume1 down 8%- Record net sales of $3.1 billion, up 19%; organic net sales1 up 10%- Operating income of $335 million, up 16%- Operating margin of 10.8%, compared to 11.1% last year and 10.5% last quarter- Pretax earnings of...
FEATURED STORIES
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ANALYSIS: Turkey Poult Placements Signal Ongoing Production Slump
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UB Consulting: Will Chicken be the Winner in a Potential Economic Downturn?
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