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 ...

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 ...

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

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 ...

Hormel Foods Corp (HRL) reports record operating cash flow and significant progress in its Transform and Modernize initiative, despite challenges in turkey markets and storm impacts. Hormel Foods ...

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, ...

Jennie-O Turkey Store’s shift from a more commodity-driven business to one that emphasizes value-added products hasn’t gone without a hitch, but things are moving in the right direction, Hormel Foods ...

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%.