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1/16/2018
3:00 PM ET
Press Release

Hormel Foods Receives Numerous Awards for Corporate Responsibility Report

1/16/2018

AUSTIN, Minn., Jan. 16, 2018 /PRNewswire/ -- Hormel Foods (NYSE: HRL) announced today that it has received several awards for its 2016 Corporate Responsibility Report. The company's annual report provides information about the company's goals and progress as a leading corporate citizen.The American Society of Professional Communicators awarded the company with a Colonial Award for Excellence in the best interactive online experience and best phot...

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1/16/2018
12:49 PM ET
Press Release

Hormel Foods Corporation First Quarter Earnings Release and CAGNY Conference Webcast

1/16/2018

AUSTIN, Minn., Jan. 16, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) announced today that it will issue its earnings press release before the markets open on Thursday, February 22, 2018. Jim Snee, chairman of the board, president and chief executive officer and Jim Sheehan, senior vice president and chief financial officer, will discuss the company's first quarter results at 4:00 p.m. CT on Thursday, February 22, 2018, during their p...

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1/12/2018
4:15 PM ET
Press Release

Hormel Foods Names its Second Inspired Fan

1/12/2018

AUSTIN, Minn., Jan. 12, 2018 /PRNewswire/ -- Hormel Foods (NYSE: HRL) announced today that it has named Minnesota pilot Louis Olsen as its second Inspired Fan. After the devastation of Hurricane Harvey hit south Texas this past summer, Olsen felt the need to help out. He raised $1,500 from friends and acquaintances for supplies for the hurricane-ravaged area and reached out to Hormel Foods to purchase supplies for his trip. The company, who had a...

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1/11/2018
4:30 PM ET
Press Release

Hormel Foods Launches HORMEL® ALWAYS TENDER® Dry Seasoned Loin Filets

1/11/2018

AUSTIN, Minn., Jan. 11, 2018 /PRNewswire/ -- Hormel Foods (NYSE:HRL) announces the launch of Hormel® Always Tender® Dry Seasoned Loin Filets. Available in three distinct flavors – Greek Inspired, Herb, and Sun-Dried Tomato – the dry seasoned loin filets are an extension of the brand's existing marinated Hormel® Always Tender® products."Our dry seasoned loin filets are a perfect way to enrich the already flavorful and juicy cuts of meat," said Meg...

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1/2/2018
10:00 AM ET
Press Release

Hormel Foods Teams up with Menchie's Frozen Yogurt to Launch Limited Edition Frozen Yogurt Flavor Featuring SKIPPY® Peanut Butter

1/2/2018

AUSTIN, Minn., Jan. 2, 2018 /PRNewswire/ -- The makers of SKIPPY® peanut butter announced today it has partnered with Menchie's Frozen Yogurt to create a limited edition flavor bursting with peanut buttery goodness.Menchie's Peanut Butter Brownie, which takes the big taste of real SKIPPY® peanut butter and swirls it into rich chocolatey brownie froyo, will be available at Menchie's stores nationwide now through the end of January. Continuing its ...

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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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