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Friday, September 28, 2012
Hormel Foods announces upcoming management changes (Press release)
September 28, 2012 Hormel Foods announces upcoming management changes Press release   Hormel Foods announces that effective October 29, James P. Snee, vice president of Hormel Foods, and senior vice president of HFIC, will replace Richard A ...
Friday, August 24, 2012
Hormel maintains outlook despite high grain costs
Despite pressure from higher grain costs, Hormel Foods Corp stood by its full-year earnings outlook on Thursday (Aug 23). The company also reported a higher quarterly profit that met Wall Street estimates as it benefited from gains across i ...
Friday, July 27, 2012
Hormel Foods names Hormel Foods VP and marketing VP (Press release)
July 27, 2012 Hormel Foods names Hormel Foods VP and marketing VP Press release Hormel Foods Corporation announced that Patrick J. Schwab, director of fresh meats and margin optimisation, will be appointed vice president of Hormel Foods and ...
Friday, July 13, 2012
Hormel Foods hurt by higher corn prices
July 13, 2012 Hormel Foods hurt by higher corn prices An analyst said Thursday (July 12) that Hormel Foods Corp.'s upcoming results are likely to be hurt by higher corn prices, and downgraded the stock to "Sell". The meat industry is facing ...
Tuesday, May 29, 2012
Hormel's Q2 net earnings up 17%
May 29, 2012   Hormel's Q2 net earnings up 17%   For the second quarter of 2012, Hormel Foods has reported net earnings of US$127.9 million, up 17% from US$109.6 million a year earlier.   For the six months ended April 29, 2012, net earning ...
Thursday, May 24, 2012
Hormel focuses on turkey as pork sector suffers
May 24, 2012 Hormel focuses on turkey as pork sector suffers   Hormel Foods - the maker of Spam canned meat and Dinty Moore stew-said it was looking to its markets such as turkey and specialty foods for growth after the downturn affected it ...
Wednesday, April 11, 2012
Hormel Foods to put up new feed mill
April 11, 2012 Hormel Foods to put up new feed mill   Mountain Prairie LLC, a Hormel Foods subsidiary in south of Las Animas, Colorado, USA, has gotten a building permit from the county to put up a new feed mill for its sow operations, anno ...
Friday, February 24, 2012
Hormel's Q1 profit fell 14% on high pork prices
February 24, 2012 Hormel's Q1 profit fell 14% on high pork prices   Hormel Foods Corp. reported Thursday (Feb 23) its fiscal first-quarter profit fell 14% as it was squeezed by high pork prices and sales volumes fell 2%. Hormel, which makes ...
Tuesday, September 13, 2011
Hormel attests to building brands and value-adding
September 13, 2011 Hormel attests to building brands and value-adding  Hormel attests to building brands and value-adding on a long-term basis when addressing consumer expectations in a challenging economic environment, says Jeffrey Ettinge ...
Friday, August 26, 2011
Hormel's Q3 profit, sales surge
August 26, 2011 Hormel's Q3 profit, sales surge Earnings growth of Hormel Foods Corporation for its fiscal year 2011 Q3 was led by its Grocery Products and Jennie-O Turkey Store segments. Net earnings totalled US$98.5 million, up 15% from n ...
Wednesday, June 22, 2011
Hormel: Profits to rise despite cost pressures
June 22, 2011 Hormel: Profits to rise despite cost pressures Hormel expects that earnings would rise in fiscal 2012, which starts November 1, even though the company's expenses may increase due to higher grain and meat costs. CEO Jeff Ettin ...
Thursday, May 26, 2011
Hormel to expect declination in pork margins
May 26, 2011 Hormel to expect declination in pork margins  Due to the increase in hogs and turkeys' feed, Hormel Foods Corp. (HRL) foresees its margins for pork and turkey processing operations to decrease from high levels. The company is a ...
Tuesday, August 24, 2010
Hormel Foods Q3 sales value up 10%
August 24, 2010 Hormel Foods Q3 sales value up 10% Hormel Foods Corporation has reported its performance for the fiscal year 2010 third quarter, including sales up 10% in value. Among the highlights of Hormel's third-quarter results were th ...
Thursday, May 20, 2010
Hormel Foods profits exceed expectations
May 20, 2010 Hormel Foods profits exceed expectations Hormel Foods Corp posted a better-than-expected quarterly profit on Wednesday (May 19) as sales improved, also raising its earnings forecast for the year despite higher hog costs. Most o ...
Wednesday, April 21, 2010
Hormel plant closure may affect Q2 earnings
April 21, 2010 Hormel plant closure may affect Q2 earnings The closure of Hormel Foods' Turlock, California, Valley Fresh canned meats plant by October 29, is seen to result in a one-time charge to fiscal 2010 second quarter earnings per sh ...
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