Hormel Foods notched an early victory one year into the company’s three-year transformation plan, overcoming sales declines ...

weighed down by a continued slump in turkey prices. Austin, Minn.-based Hormel HRL has been beset by lower prices for whole-bird turkeys all year, as well as a production interruption at a ...

Hormel Foods Corporation (NYSE ... the steep decline in whole bird turkey commodity markets, and the production disruption at our Suffolk, Virginia, facility,” said Jim Snee, chairman of the ...

Hormel Foods Q4 sales miss estimates, impacted by a decline in turkey market and production issues at the Virginia facility. Hormel expects $100M-$150M in benefits from its T&M initiative in FY25 ...

While Hormel has reduced its meat commodity exposure, industry structure forces it to remain highly exposed to commodity turkey. Even as its branded businesses have showed stability, turkey ...

Sales rose at brands including Hormel Black Label bacon, Applegate meats, Jennie-O ground turkey, and SPAM. In the foodservice segment, volume rose 2%, sales were up 1% and segment profit was down 8%.

AUSTIN, MINN. — Hormel Ingredient Solutions has produced a line of individually quick frozen, diced, fully cooked meats for food manufacturers. The line offers such meats as turkey, chicken, ham, ...

Hormel Foods Corporation (NYSE:HRL) shares are trading lower on Wednesday ... initiative helped to offset a dynamic consumer environment, the steep decline in whole bird turkey commodity markets, and ...

The closure adds to a wave of layoffs in the agriculture industry as weak sales continue to weigh on profits across the ...

I think turkey plus Suffolk could net out for the ... We'll have fully implemented our Hormel Production System across all of our different facilities of an optimized logistics network.