Cargill has agreed a financial settlement in relation to a turkey price-fixing lawsuit, although the US agri-food giant has ...

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

In a report released today, Michael Lavery from Piper Sandler maintained a Hold rating on Hormel Foods (HRL – Research Report), with a price ...

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 ...

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 ...

Hormel Foods responded by saying it “strongly ... The document added that Cargill commands around 20-21% of the US turkey market, as “defined in the settlement class”, with a figure of ...

A federal judge said food suppliers, restaurants, caterers and others can band together in antitrust class actions accusing ...

Cargill has agreed a financial settlement in relation to a turkey price-fixing lawsuit ... Perdue Farms and Hormel Foods. However, with respect to Cargill, the court document noted: “Cargill ...

The third largest turkey producer in the United States becomes the second company to settle in lawsuit that dates back to ...

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 ...

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 ...

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.