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Minneapolis Star Tribune Covers Hormel Foods Evolution

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Aug 11 8:00 AM, General News



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...

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Aug 10 1:00 PM, General News


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..."

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Aug 9 9:14 AM, General News


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..."

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Jul 20 9:17 AM, General News


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...

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Jul 1 8:01 AM, General News


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...

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Jun 30 8:00 AM, General News


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...

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Jun 29 9:21 AM, General News


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...

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Jun 27 8:28 AM, General News


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..."

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Jun 22 9:02 AM, General News


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..."

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Jun 8 9:27 AM, General News


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...

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Jun 2 9:26 AM, General News


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...

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May 18 8:23 AM, General News


U.S. Environmental Protection Agency Ranks Hormel Foods In Top 100 For Green Power Use

Company ranks No. 57 on U.S. EPA’s Fortune 500® list of green power users

Hormel Foods Corporation, a global branded food company well known for its corporate citizenship, is pleased to announce that, for the first time, it appears as No. 57 on the U.S. Environmental Protection Agency’s (EPA’s) Fortune 500® list of the largest green power users from the Green Power Partnership (GPP). Hormel Foods recently joined the EPA’s Green Power Partnership and is offsetting more than 53 million kilowatt-hours (kWh) of...

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Apr 26 9:35 AM, General News


Makers of America's No. 1 Selling Chili Brand Launch Hormel® Plant-Based Chili with Beans

Plant-curious and plant-committed consumers looking to add chili to their meals can look no further than America's No. 1 selling chili brand.* The makers of Hormel® chili have announced their latest innovation – Hormel® plant-based chili with beans, a product that promises to appeal to plant lovers and chili enthusiasts alike.

Packed with 22 grams of plant protein per can, Hormel® plant-based chili with beans is dairy free, egg free, gluten free and BPA free, and contains no...

 

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Apr 19 8:54 AM, General News


Hormel Foods Pizza Expert Talks Toppings Trends

Hormel Foods Corporation, a global branded food company and the maker of the best-selling retail pepperoni in the United States, is talking about pizza trends on the heels of its annual showing at the International Pizza Expo in Las Vegas. Brand Manager Anthony Panichelli, who for years has focused on the company's industry-leading pizza-toppings portfolio, offered five trends to watch in the coming months.

Plant-based pizza toppings
The plant-based market is continuing to boom as curious consumers experiment with meat alternatives to add more plant-based protein...

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Apr 6 12:53 PM, General News


The Best Ham to Order for Your Holiday Dinner

Easter is coming (and before you know it Thanksgiving and Christmas). Find out what the best ham options are to serve up on your table, according to a blind taste test.

Best Thick Cut Ham

Hormel® Cure 81® Bone-In Half Ham
Many spiral-cut hams have super thin slices that are great for piling high on sandwiches. For a holiday entrée, though, you may want a more substantial slice like with a Hormel® Cure 81® Bone-In Ham.

According to Catherine Ward...

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Apr 5 9:12 AM, General News


Hormel Foods Named One of America's Most Trustworthy Companies by Newsweek

Hormel Foods Corporation, a global branded food company, today announced it has been named One of America's Most Trustworthy Companies by Newsweek.

"For 130 years, Hormel Foods has been a trusted leader in the food industry, and we are honored to be recognized as one of the most trustworthy companies in America," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. "Trust in our company has been built by doing what we say we are going to do..."

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Apr 1 9:32 AM, General News


CEOs Get Personal on Industry Challenges of Past 2 Years

Over the past two years, there have been a lot of essential discussions about the shopper journey and the important ways that grocery workers’ lives were impacted by pandemic-fueled changes and challenges at work. Industry leaders have also been in the fray to steer their companies ahead in a challenging era with hits from all sides.

“It was like getting a curveball every single day.” That was one remark from an executive who took part in the 56th Annual Food Marketing Conference in Grand Rapids, Mich., presented...

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Mar 31 8:00 AM, General News


Enjoy Easy Comfort Meals in 30 Minutes with HORMEL® SQUARE TABLE™ Entrees

The makers of HORMEL® refrigerated entrees, a family favorite and convenient solution for any mealtime, announced a packaging redesign to highlight consumer relevant product benefits and improved food forward appetite appeal, under the HORMEL® SQUARE TABLE™ entrees brand. Entrees and sides are among the fastest growing refrigerated food categories, as consumers look to make home cooking more convenient. The versatility of delicious HORMEL® SQUARE TABLE™ entrees offer consumers the ability to spend more time with their families while eating their

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Mar 8 9:01 AM, General News


Hormel Foods Reports Record First Quarter Sales And Reaffirms Full Year Sales and Earnings Guidance

Hormel Foods Corporation, a leading global branded food company, today reported results for the first quarter of fiscal 2022. All comparisons are to the first quarter of fiscal 2021 unless otherwise noted.

EXECUTIVE SUMMARY – FIRST QUARTER

- Volume of 1.2 billion lbs., up 2%; organic volume1 down 4%
- Record net sales of $3.0 billion, up 24%; organic net sales1 up 13%
- Operating income of $320 million, up 19%
- Operating margin of 10.5%, compared to 10.9% last year
- Pretax earnings of $309 million, up...

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Mar 1 8:48 AM, General News


The Makers of the HAPPY LITTLE PLANTS® Brand to Partner with The World Pizza Champions™

The makers of the Happy Little Plants® brand and The World Pizza Champions™, America’s #1 Pizza Team™, are joining forces to fuel the plant-based protein explosion in the pizza world. The two companies will be bringing plant-based protein pizza toppings to menus and events across America in 2022.

“The maker of the Happy Little Plants® brand is thrilled to be the official plant-based pizza topping partner of The World Pizza Champions™ for 2022,” said...

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Feb 18 8:50 AM, General News


Hormel Foods Announces Retirement of Fred Halvin, Vice President of Corporate Development

Hormel Foods Corporation, a Fortune 500 global branded food company, today announced that Fred Halvin, vice president of corporate development, will be retiring after a 37-year career with the company. Nathan Annis, director of investor relations, business planning and analysis, will succeed Halvin as vice president of corporate development.

"Fred has been a key leader for all of our transformational acquisitions over the past decade and has been instrumental in the Hormel Foods journey to become the global branded food company that we are..."

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Feb 4 1:06 PM, General News


Hormel Foods Highlights Record Net Sales at its Annual Meeting of Stockholders

Hormel Foods, a Fortune 500 global branded food company, hosted its Annual Meeting of Stockholders on January 25, 2022. Jim Snee, chairman of the board, president and chief executive officer led the meeting, discussing the company’s performance, strategic priorities, and corporate responsibility initiatives.

“In 2021, we faced virtually every type of challenge – from the continuing impact of the pandemic to labor shortages and supply chain challenges – and I am pleased to report that your company never lost its focus on delivering a year marked with numerous records..."

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Jan 28 8:03 AM, General News


Domino’s UK Just Launched It’s First Vegan Pepperoni Pizza At 1,200 Stores

Domino’s is celebrating Veganuary with Vegan PepperoNAY, its first plant-based pepperoni pizza in the UK made in partnership with The Vegetarian Butcher.

While US consumers might have to wait a while for vegan pepperoni to hit Domino’s, other chains are already delivering the plant-based goods. Last January, vegan brand Field Roast unveiled its vegan pepperoni which is also made with pea protein, features fat marbling to mimic its pork-derived counterpart, and is spiced with pieces of fennel, cracked black pepper, garlic, and paprika. Canadian chain...

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Jan 10 8:25 AM, General News


Forbes Names Hormel Foods One of the World's Top Female-Friendly Companies

Throughout 2021, Hormel Foods Corporation, a global branded food company, received numerous awards from publications, including Newsweek magazine (America's Most Responsible Companies), Selling Power (50 Best Companies to Sell For) and Military Times (Best for Vets). Forbes can now be added to that list as the magazine recently announced that the company ranks as one of the World's Top Female-Friendly Companies.

Hormel Foods has long promoted and supported a female-friendly culture, including employee resource groups such as Hormel Foods Women in Leadership and Women's Insight Network...

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Dec 29 7:58 AM, General News


Green Circle Foodtech Ventures Announces the Launch of Fund I with Participation from Hormel Foods

Green Circle Capital Partners is pleased to announce the launch of their venture capital division, having conducted a first closing for Green Circle Foodtech Ventures I (GCFV) with the anchor investment coming from 199 Ventures, the venturing company of Hormel Foods.

“Having a leading global branded food company in our corner, providing support and resources for portfolio companies, is incredibly exciting and opportune for us and for the companies in which we will invest,” said Stu Strumwasser, founder of Green Circle and Co-Managing...

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Dec 15 8:54 AM, General News


Hormel Foods Reports Record Fourth Quarter Sales And Earnings 

Hormel Foods Corporation, a leading global branded food company, today reported results for the fourth quarter of fiscal 2021. The fourth quarter and full year of 2021 contain an extra week as compared to the prior year. All comparisons are to the fourth quarter of fiscal 2020 unless otherwise noted.

EXECUTIVE SUMMARY - FOURTH QUARTER

- Volume of 1.4 billion lbs., up 14%; organic volume1 up 8%
- Record net sales of $3.5 billion, up 43%; organic net sales1 up 32%
- Operating income of $358 million, up 29%
- Operating margin of 10.4%...

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Dec 10 7:57 AM, General News


Hormel Foods Named One of America's Most Responsible Companies by Newsweek

Hormel Foods Corporation (NYSE: HRL), a global branded food company, has been named one of America's Most Responsible Companies by Newsweek magazine for the third year in a row. This honor is among the many honors and rankings the company receives for its world-class corporate responsibility efforts. The company was also recently recognized as a Best for Vets Employer by Military Times and received numerous accolades for its internship program by Vault.

"This recognition is a continued testament to the outstanding work being done by our company...

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Dec 8 8:14 AM, General News


Hormel Foods Annual Profit Sharing Continues

Hormel Foods Corporation, a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 83rd consecutive grant.

"There are many things that make Hormel Foods uncommon, including our portfolio of global food brands and the incredible people who make them," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. "Equally uncommon is our legacy of giving back to our team members and our communities..."

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Nov 24 8:49 AM, General News


Hormel Foods Corporation Announces 56th Consecutive Increase to Annual Dividend

The Board of Directors of Hormel Foods Corporation, a global branded food company, today announced a 6 percent increase to the annual dividend to shareholders, marking the 56th consecutive annual dividend increase.

The annual dividend on the common stock of the corporation was raised to $1.04 per share from $0.98 per share...

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Nov 23 8:46 AM, General News


Applegate Farms LLC Presents New APPLEGATE NATURALS® Spicy Breaded Chicken Tenders and Bites

Applegate Farms LLC, the nation's leading natural and organic meat brand, today announced two new additions to its APPLEGATE NATURALS® Breaded Chicken line that's sure to bring the heat: APPLEGATE NATURALS® Spicy Breaded Chicken Breast Bites and APPLEGATE NATURALS® Spicy Breaded Chicken Tenders.

"From Nashville hot chicken to hot honey, Americans are craving the heat, and we're excited to put our own spin on it through our new bites and tenders," said Nicole Glenn, Vice President of Brand Strategy & Innovation at Applegate...

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Nov 10 8:00 AM, General News


Applegate Farms, LLC Introduces the DO GOOD DOG™ Hot Dog

Applegate Farms, LLC, the nation’s leading natural and organic meat brand, today announced the launch of the DO GOOD DOG™ hot dog, the first nationally available hot dog made with beef raised on verified regenerative U.S. grasslands. Beef for the DO GOOD DOG™ hot dog comes from SunFed Ranch® in Northern California and boasts the Savory Institute’s Land to Market Seal, the world’s first regenerative sourcing verification.

The DO GOOD DOG™ hot dog is Applegate’s latest evolution of the humble hot dog and is an 

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Nov 4 8:04 AM, General News


Hormel Foods Announces the Advancement of Wendy A. Watkins

Global branded food company Hormel Foods Corporation today announced the advancement of Wendy A. Watkins to the new post of senior vice president and chief communications officer for the company's worldwide operations.

"As more organizations focus on ESG initiatives, Hormel Foods is proud of the work we have done as one of world's top corporate citizens, leading with transparency, integrity and trust with our stakeholders in all that we do," Snee said. "Since joining Hormel Foods six years ago, Wendy has built a world-class communications team and elevated the global..."

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Nov 2 12:58 PM, General News


Hormel Foods Announces the Retirement of Luis Marconi; Names Jeff Frank Successor

Hormel Foods Corporation, a global branded food company, announced today that Luis Marconi will retire as group vice president, Grocery Products.

Jeff Frank, currently vice president of Grocery Products and the leader of the integration of the Planters® brand into Hormel Foods, will succeed Marconi as group vice president, Grocery Products.

The company's Grocery Products business includes many of the company's most well-known brands such as Planters®, SKIPPY®, Justin's®,Dinty Moore®, Hormel® chili, Corn Nuts®, Herdez® and...

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Nov 2 8:15 AM, General News


Hormel Foods Announces the Retirement of Jim Sheehan, Executive Vice President and CFO

Hormel Foods Corporation, a global branded food company, announced today that Jim Sheehan plans to retire as executive vice president and chief financial officer after 43 years with the company. Jacinth Smiley, group vice president of corporate strategy, has been named his successor and will become the company’s next executive vice president and chief financial officer, reporting to Jim Snee, chairman of the board, president and chief executive officer.

Sheehan’s distinguished career at Hormel Foods spans more than four decades, including the last five years...

 

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Oct 29 8:35 AM, General News


Hormel Foods to Partner with The Better Meat Co. for Food Forward Alternative Protein

Hormel Foods Corporation, a global branded food company, today announced its venturing company, 199 Ventures, has entered into an exclusive partnership with The Better Meat Co. to bring new mycoprotein and plant-based protein products to the marketplace. 199 Ventures was formed in 2019 by Hormel Foods to be the company's food forward incubator, which includes investing in companies that align with Hormel Foods growth strategies.

The two companies will work together to develop the next generation of great-tasting, wholesome, and...

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Oct 7 7:55 AM, General News


Hormel Foods Shares Food Journey Progress in 15th Annual Corporate Responsibility Report

Hormel Foods Corporation today announced the launch of its 15th annual corporate responsibility (CR) report. The report contains in-depth information about the company's CR progress in fiscal 2020. In addition, the company has launched a new set of CR goals to guide its programs through 2030.

"Our commitment to making the world in which we live a better place has never wavered. We're proud that we surpassed our 2020 nonrenewable energy use, water use, solid waste sent to landfills and product packaging reduction goals, and achieved..."

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Sep 23 7:59 AM, General News


Hormel Foods Reports Third Quarter Results and Updates Full Year Earnings Guidance Range

Hormel Foods Corporation, a leading global branded food company, today reported results for the third quarter of fiscal 2021. All comparisons are to the third quarter of fiscal 2020 unless otherwise noted.

EXECUTIVE SUMMARY – THIRD QUARTER

- Volume of 1.2 billion lbs., up 1%; organic volume1 down 2%
- Record net sales of $2.9 billion, up 20%; organic net sales1 up 14%
- Net sales growth from all four segments and all four sales channels
- Net sales up 25% compared to 2019 pre-pandemic levels
- Operating income of...

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Sep 3 8:40 AM, General News


Jennie-O Launches New Turkey Barbacoa Innovation for Foodservice

Jennie-O Turkey Store announced the company's newest, recipe ready turkey innovation that is geared toward foodservice operators – a fully cooked turkey barbacoa seasoned and marinated with paprika, garlic and guajillo chili pepper spices. This lean turkey protein is on trend with consumers who are seeking more flavorful, nutritious menu options.

"Our new turkey barbacoa is an exciting product that foodservice operators can just heat and shred," said Katie Lynch, associate brand manager for Jennie-O Foodservice. "We were intentional about the use of guajillo chili pepper for seasoning..."

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Aug 19 8:29 AM, General News


The Makers of Happy Little Plants Brand Launch Plant-Based Pepperoni Style Topping

For any pizzeria or restaurateur looking to add plant-based pizazz to their pizzas, Hormel Foods is introducing Happy Little Plants pepperoni style topping. Everyone should be able to enjoy the experience of pepperoni pizza. Our plant-based pepperoni-style topping will impress both plant-lovers and pork enthusiasts.

"Our team worked closely with pizzerias, chefs, foodservice operators and pizza experts to develop a plant-based pepperoni style topping that...

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Aug 17 9:10 AM, General News







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