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11/27/2017
6:06 PM ET
Press Release

Hormel Foods Announces Closing Of Acquisition Of Columbus Manufacturing Inc., Maker Of Columbus® Craft Meats

11/27/2017

AUSTIN, Minn., Nov. 27, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the closing of its acquisition of Columbus Manufacturing, Inc., an authentic, premium deli meat and salami company, from Chicago-based Arbor Investments. The addition of the Columbus®brand further strengthens Hormel Foods' position as a total deli solutions provider while enhancing its other strong deli brands such as Hormel®, Jennie-O®, Applegate®, ...

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11/27/2017
5:30 PM ET
Press Release

Hormel Foods and Jennie-O Turkey Store Help Provide Thanksgiving Meal for Those Affected by Hurricane Harvey

11/27/2017

AUSTIN, Minn., Nov. 27, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) and its subsidiary Jennie-O Turkey Store donated turkeys and hams for a Thanksgiving meal and event for around 1,000 people affected by Hurricane Harvey and others in need on Nov. 22. The event took place at Celebration of Life Church in Baytown, Texas, and featured a musical performance by Mandisa, an American gospel and contemporary Christian recording artist and ...

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11/22/2017
8:00 AM ET
Press Release

Hormel Foods Distributes Annual Profit Sharing

11/22/2017

AUSTIN, Minn., Nov. 22, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today distributed its annual profit sharing of $17.5 million to eligible hourly and salaried employees during this 79th annual ThanksgivingEve Day tradition."We continue to grow our brands and reach consumers in more ways than ever before," said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. "The dedicated and inspired people...

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11/21/2017
6:31 AM ET
Press Release

Hormel Foods Names Glenn Leitch, Executive Vice President Supply Chain

11/21/2017

AUSTIN, Minn., Nov.  21, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced that Glenn Leitch will lead the company's global supply chain as its executive vice president of supply chain. Leitch is currently group vice president, Hormel Foods and president, Jennie-O Turkey Store. The move is part of the company's plan to make its supply chain a strategic competitive advantage, while optimizing it to deliver sustainable long-...

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11/21/2017
6:31 AM ET
Press Release

Hormel Foods Announces the Strategic Merger of its Grocery Products and Specialty Foods Segments

11/21/2017

AUSTIN, Minn., Nov. 21, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced that its Specialty Foods segment has been merged into its Grocery Products segment and will continue to be led by Luis Marconi, group vice president, Grocery Products. The primary focus of the segment is on delivering a strong branded portfolio of leading products to the evolving retail environment of food, drug, mass, club and E-commerce. "I am conf...

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11/21/2017
6:30 AM ET
Earnings Release

Hormel Foods Announces Full Year And Fourth Quarter Results And Provides Guidance For Fiscal 2018

11/21/2017

AUSTIN, Minn., Nov. 21, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today reported results for the fourth quarter of fiscal year 2017. EXECUTIVE SUMMARY – FISCAL 2017Three of five segments delivered record segment profit Volume down 8%; Organic volume1 up 2% Sales of $9.2 billion, down 4%; Organic net sales1 up 3% Diluted earnings per share of $1.57, down 4% from 2016 EPS of $1.64Second most profitable year in the company's history ...

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11/20/2017
4:30 PM ET
Press Release

Hormel Foods Announces 52nd Consecutive Increase to Annual Dividend

11/20/2017

AUSTIN, Minn., Nov. 20, 2017 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded food and meat products, today announced a 10 percent increase to the annual dividend to shareholders, marking the 52nd consecutive annual dividend increase. The annual dividend on the common stock of the corporation was raised to $0.75 per share from $0.68 per share. The Board of Directors autho...

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11/20/2017
4:30 PM ET
Press Release

/C O R R E C T I O N -- Hormel Foods Corporation/

11/20/2017

In the news release, Hormel Foods Announces 52nd Consecutive Increase to Annual Dividend, issued 20-Nov-2017 by Hormel Foods Corporation over PR Newswire, we are advised by the company that in the third paragraph, first sentence, "Jan. 16, 2018" should read "Jan. 15, 2018" as originally issued inadvertently. The complete, corrected release follows:Hormel Foods Announces 52nd Consecutive Increase to Annual DividendAUSTIN, Minn., Nov. 20, 2017 /PRN...

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11/13/2017
8:00 AM ET
Press Release

Hormel Foods Announces 2017 Hormel Heroes Scholarship Recipients

11/13/2017

AUSTIN, Minn., Nov. 13, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the recipients of its $10,000 2017 Hormel Heroes Scholarships. The Hormel Heroes Scholarship Program was created by Hormel Foods to support female students with military backgrounds pursuing careers in culinary arts or a foodservice management related program, and is administered by the National Restaurant Association Educational Foundation (NRAEF). ...

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11/9/2017
11:52 AM ET
Press Release

Hormel Foods Earns 100 Percent on Human Rights Campaign Foundation's 16th Annual Scorecard on LGBTQ Workplace Equality

11/9/2017

AUSTIN, Minn., Nov. 9, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced that it received a perfect score of 100 percent on the 2018 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign Foundation. Hormel Foods joined the ranks of 609 major U...

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11/8/2017
8:00 AM ET
Press Release

Hormel Foods Recognized by Forbes on Top Regarded Companies List

11/8/2017

AUSTIN, Minn., Nov. 8, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced it has been recognized by Forbes on its Top Regarded Companies 2017 list."Hormel Foods recognizes that good business and good stewardship go hand in hand and we are proud to produce quality food responsibly for people around the world," said Jim Snee, president and chief executive officer at Hormel Foods. "We appreciate all of the recognition we recei...

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11/7/2017
8:00 AM ET
Press Release

Hormel Foods Recognized by Forbes on World's Best Employers List

11/7/2017

AUSTIN, Minn., Nov. 7, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced it has been recognized by Forbes on its World's Best Employers 2017 list."On behalf of our 20,000 team members, we are honored to be recognized as one of the best employers in the world," said Jim Snee, president and chief executive officer at Hormel Foods. "The creativity, innovation and continual growth of our employees is crucial to our company's f...

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10/31/2017
6:55 AM ET
Press Release

Hormel Foods Enhances its Position in Premium, Authentic Deli Meats with the Acquisition of Columbus Manufacturing, Inc., Maker of Columbus® Craft Meats

10/31/2017

AUSTIN, Minn., Oct. 31, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced it has entered into a definitive agreement to acquire Columbus Manufacturing, Inc., an authentic, premium deli meat and salami company, from Chicago-based Arbor Investments. This strategic acquisition positions Hormel Foods as a total deli solutions provider and enhances its other strong deli brands such as Hormel®, Jennie-O®, Applegate®, and DiLusso...

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10/30/2017
9:00 AM ET
Press Release

Hormel Foods Research and Development Laboratories Earn ISO 17025 Accreditation

10/30/2017

AUSTIN, Minn., Oct. 30, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced that its Research and Development Laboratories have earned ISO 17025 accreditation after assessments conducted by the American Association for Laboratory Accreditation(A2LA) Achieving this accreditation reinforces the company's continued commitment to industry-leading food safety and quality.This accreditation is a validation of the company's ability...

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10/24/2017
8:23 AM ET
Press Release

Hormel Foods Corporation Fourth Quarter Earnings Conference Call

10/24/2017

AUSTIN, Minn., Oct. 24, 2017 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) invites you to participate in a conference call with Jim Snee, president and chief executive officer, and Jim Sheehan, senior vice president and chief financial officer, to discuss the company's fourth quarter financial results. The company will issue its earnings press release before the markets open on Tuesday, November 21, 2017, and will host a conference call at...

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