We think the next CEO faces a couple of key challenges. First, performance has been weighed down by volatility in Hormel's commodity turkey business. Second, Planters has faced operational ...

The purchasers said Cargill has agreed to cooperate with them as they pursue related price-fixing claims against other turkey processors, including Butterball, Perdue and Hormel. That cooperation ...

Among the top smoked choices, Oscar Mayer Carving Board and Hormel have thick slices that taste like turkey-ham. Oscar Mayer Deli Fresh has thin turkey slices with a big smoky flavor. If ...

James Snee, CEO, president and chairman of the board of directors for Hormel Foods, has announced his retirement at the end ...

Snee's retirement comes at a time when Hormel is battling slowing demand for its products and lower turkey prices. The company in December had forecast fiscal year 2025 sales and profit below ...

Two groups of turkey purchasers won class status in a lawsuit accusing the nation’s largest poultry producers of conspiring to inflate prices and limit supply, a milestone in litigation dating to 2019 ...

Hormel Foods Corp. engages in the production of meat and food products. It operates through the following segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International ...

Hormel Foods Corp. has begun a search for its ... In the past year, the company has struggled with slower turkey sales and revenue from the China market; 2024 revenue fell 2% to $11.9 billion.

Hormel’s stock rose half a percent Wednesday to close at $32 per share. The company saw strong growth in Black Label bacon, Spam, Applegate and Jennie-O ground turkey this fall, but lackluster ...

Barclays upgraded Hormel Foods (HRL) to Overweight from Equal Weight with a price target of $36, up from $35. The firm sees the company’s ...