Skip to content
Press Releases

Press Releases

Search Press Releases
  
Subscribe for Email Alerts
2/19/2019
4:30 PM ET
Press Release

Hormel Foods Announces the Sale of CytoSport to PepsiCo

2/19/2019

AUSTIN, Minn., Feb. 19, 2019 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a global branded food company, announced it has entered into a definitive agreement to sell its CytoSport business to PepsiCo, Inc. (NASDAQ: PEP). The transaction is subject to customary closing conditions, including regulatory approvals, and is expected to be completed in 30-60 days. "PepsiCo has deep expertise and experience in the sports nutrition category and ha...

 Continue Reading
1/31/2019
4:30 PM ET
Press Release

Hormel Foods Announces The Advancement Of James N. Sheehan To Executive Vice President And Chief Financial Officer

1/31/2019

AUSTIN, Minn., Jan. 31, 2019 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, announced today that James N. Sheehan has advanced to executive vice president and chief financial officer. The advancement was effective January 29, 2019. Sheehan previously held the role of senior vice president and chief financial officer for the company. As executive vice president and chief financial officer for Hormel Foods, She...

 Continue Reading
1/25/2019
8:39 AM ET
Press Release

Hormel Foods Corporation First Quarter Earnings Conference Call

1/25/2019

AUSTIN, Minn., Jan. 25, 2019 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) invites you to participate in a conference call with Jim Snee, chairman of the board, president and chief executive officer, and Jim Sheehan, senior vice president and chief financial officer, to discuss the company's first quarter financial results. The company will issue its earnings press release before the markets open on Thursday, February 21, 2019, and will ho...

 Continue Reading
1/23/2019
4:59 PM ET
Press Release

Hormel Foods and Jennie-O Turkey Store Announce Their Plan to Donate $25,000 Reward Directly to Jayme Closs

1/23/2019

BARRON, Wis., Jan. 23, 2019 /PRNewswire/ -- During a company event today, Hormel Foods announced that it is working with law enforcement officials to move forward with its plans to donate the company's $25,000 reward contribution directly to Jayme Closs. "On behalf of the entire Jennie-O and Hormel Foods family, we are overjoyed at the news of Jayme's safe return," said Jim Snee, chairman of the board, president and chief executive officer at Hor...

 Continue Reading
1/8/2019
9:07 AM ET
Press Release

Adam Thielen Partners with The Makers of HORMEL® Chili for Chili Dip Touchdown Dance Contest

1/8/2019

AUSTIN, Minn., Jan. 8, 2019 /PRNewswire/ -- The makers of HORMEL® Chili, America's iconic No. 1 selling chili brand, are teaming up with star wide receiver Adam Thielen to find the nation's best 'Chili Dip Touchdown Dance.' The contest will allow fans across the country the opportunity to submit their very own chili dip touchdown dance for the chance to win a trip to next year's Big Game in Miami, Fla. From now through Sunday, Feb. 3, 2019, fans ...

 Continue Reading
12/13/2018
1:13 PM ET
Press Release

Lanterns Filled the Sky as Hundreds Gather in Small Midwestern Town to Light a Tree of Hope at Ceremony for Missing Teen Jayme Closs

12/13/2018

BARRON, Wis., Dec. 13, 2018 /PRNewswire/ -- Residents of Barron, Wisc., and the surrounding communities came together in hope and remembrance Wednesday night. Hundreds attended the Lighting of a Tree of Hope for Jayme Closs ceremony and lit more than 65 lanterns into the sky in honor of Jim and Denise Closs and the continued hope for the safe return of their daughter, Jayme. Closs has been missing since October 15 and the event highlighted the co...

 Continue Reading
12/10/2018
8:00 AM ET
Press Release

Hormel Foods Recognizes 10th Anniversary of Project SPAMMY®

12/10/2018

AUSTIN, Minn., Dec. 10, 2018 /PRNewswire/ -- December marks the 10th anniversary of Hormel Foods Corporation's (NYSE: HRL) first shipment of SPAMMY®, a shelf-stable poultry product fortified with vitamins and minerals the company developed to help prevent childhood malnutrition in Guatemala. Hormel Foods donates more than 2 million cans of SPAMMY® each year, which helps thousands of families.In addition to the company's product donations, the pro...

 Continue Reading
12/3/2018
4:30 PM ET
Press Release

Hormel Foods Finalizes Sale of Fremont, Neb., Processing Facility

12/3/2018

AUSTIN, Minn., Dec. 3, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL) today announced it has completed the sale of its Fremont, Neb., processing facility to Wholestone Farms, LLC. The transaction includes a processing facility and a multiyear agreement to supply pork raw materials to Hormel Foods. The current Fremont plant management team and workforce will remain in place to ensure business continuity for all stakeholders. The purchase...

 Continue Reading
11/27/2018
8:00 AM ET
Press Release

Hormel Foods Announces Record Year of Giving

11/27/2018

AUSTIN, Minn., Nov. 27, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) today announced the company donated more than $15 million in cash and product donations in 2018 — a company record."At Hormel Foods, our team members around the world are inspired to make a difference in the lives of others," said Jim Snee, chairman of the board, president and chief executive officer of Hormel Foods. "I'm extremely proud that we had a record year of...

 Continue Reading
11/21/2018
6:30 AM ET
Press Release

Hormel Foods Distributes Annual Profit Sharing

11/21/2018

AUSTIN, Minn., Nov. 21, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing of $17.9 million to eligible hourly and salaried employees during this 80th annual ThanksgivingEve Day tradition."Our profit sharing program remains unique in our industry, and we are proud to be able to share our continued success with our more than 20,000 inspired team members who work tir...

 Continue Reading
11/20/2018
1:00 PM ET
Press Release

Makers of HORMEL® COMPLEATS® Brand to Match Donations for Meals on Wheels America Holiday Campaign

11/20/2018

AUSTIN, Minn., Nov. 20, 2018 /PRNewswire/ -- The makers of Hormel® Compleats® products announced today that it will match every dollar, up to $25,000, donated now through Nov. 27 to Meals on Wheels America leading up to the organization's No Time to Wait campaign to help fight senior hunger. The No Time to Wait campaign, which launches on Black Friday, focuses on the 9 million seniors across America that face the threat of hunger. "We're extremel...

 Continue Reading
11/20/2018
6:30 AM ET
Earnings Release

Hormel Foods Reports Record Fourth Quarter And Fiscal 2018 Earnings; Provides Fiscal 2019 Outlook

11/20/2018

AUSTIN, Minn., Nov. 20, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the fourth quarter of fiscal 2018. All comparisons are to the fourth quarter of fiscal 2017 unless otherwise noted.EXECUTIVE SUMMARY - FISCAL 2018Record diluted earnings per share of $1.86, up 18% from 2017 EPS of $1.57Excluding a non-cash impairment, adjusted diluted earnings per share1 of $1.89, up...

 Continue Reading
11/19/2018
4:30 PM ET
Press Release

Hormel Foods Announces 53rd Consecutive Increase to Annual Dividend

11/19/2018

AUSTIN, Minn., Nov. 19, 2018 /PRNewswire/ -- The Board of Directors of Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced a 12 percent increase to the annual dividend to shareholders, marking the 53rd consecutive annual dividend increase. The annual dividend on the common stock of the corporation was raised to $0.84 per share from $0.75 per share. The Board of Directors authorized the first quarterly dividend of ...

 Continue Reading
11/19/2018
4:30 PM ET
Press Release

Bill Newlands Elected To Hormel Foods Board Of Directors

11/19/2018

AUSTIN, Minn., Nov. 19, 2018 /PRNewswire/ -- Hormel Foods (NYSE: HRL), a global branded food company, announced today that Bill Newlands, president and chief operating officer, Constellation Brands (NYSE: STZ and STZ.B), has been elected to the Hormel Foods Board of Directors, effective Nov. 19, 2018. Newlands has been appointed president and chief executive officer of Constellation Brands, effective March 1, 2019."Bill is a highly regarded busin...

 Continue Reading
11/19/2018
8:00 AM ET
Press Release

Hormel® Cure 81® Brand Partners with Convoy of Hope to Raise Funds to Help Feed Those in Need this Holiday Season

11/19/2018

AUSTIN, Minn., Nov. 19, 2018 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL) announced today that its Hormel® Cure 81®ham brand has partnered with Convoy of Hope – a global leader fighting food insecurity – to help feed those in need this holiday season.Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8431151-hormel-cure-81-convoy-of-hope-hamsforhunger/Hormel Foods, the maker of the Hormel® C...

 Continue Reading
Displaying 1 to 15 (of 353 releases)
Testing