Hormel Foods

An Austin, Minn.-based company that produces food products for consumers, retail grocers, and food-service and industrial markets.

Health
April 21

5.3 million hens to be destroyed as bird flu spreads to NW Iowa chicken farm

About 5.3 million chickens will be lost. Also, Hormel warned that turkey losses could hurt profits.
Health
April 9

Hormel farm in Meeker County is latest in Minnesota with bird flu

The highly lethal bird flu has struck a ninth Minnesota farm in the most deadly outbreak yet, upping the total turkey death count in the state by 91 percent.
Business
February 15

Hormel, General Mills among food companies fighting label changes

Minnesota’s food giants are fighting an FDA proposal to list “added sugars” separately on nutrition labels.
Business
December 18, 2014
Hormel CEO Jeffrey Ettinger

CEO Pay Watch: Jeffrey Ettinger, Hormel Foods Corp.

Hormel Foods Corp. Jeffrey Ettinger, chairman, president, CEO Total compensation: $13,005,596 for the year ended Oct. 31 Salary: $1,000,220 Bonus: $300 Non-equity incentive pay:…
Business
November 25, 2014

Hormel's profit up, but falls short of forecasts

Shares fell after the company’s outlook for its new fiscal year was lower than expected.
Business
September 22, 2014

Skippy Yippee is out to challenge Jif with new ad campaign

Hormel, the new owner of Skippy peanut butter, hopes to schmooze its existing consumer base and wrest market share from its main rival — the spread whose campaign tagline for years has been, “Choosy mothers choose Jif.”
Business
August 22, 2014

Hormel shares leap after third-quarter results beat expectations

Shares leaped after results beat expectations, despite fears of a U.S. pork supply constriction.
Business
July 1, 2014

Hormel adds Muscle Milk to its lineup in a $450 million deal

The $450 million deal for CytoSport adds sports nutrition products to the Spam maker’s portfolio.
Business
June 8, 2014

Deal speculation intensifies in food business

Analysts think General Mills and Hormel are more likely to be buyers than sellers.
Business
May 22, 2014

Hormel’s 12% profit rise misses forecasts

While pork and other products fared well, sales of turkey products fell and expenses to grow the birds grew.
Business
April 2, 2014

New Hormel breakfasts contain shelf-stable eggs

Breakfast eggs don’t have to be refrigerated anymore, according to Hormel Foods Corp., the company that nearly a century ago was the first to can…
Business
February 20, 2014

Hormel hit by icy weather, but profits still jump 19%

High propane heating costs hurt the turkey business, but pork and bacon fared well, and Skippy helped the grocery division.
Business
January 13, 2014

Meat industry launches legal assault against U.S. labeling rules

A U.S. government mandate to list where animals are born, raised and slaughtered violates the First Amendment, an industry lawyer told federal appeals court judges.
Business
October 19, 2013

With bacon and films, Hormel finds match made in hog heaven

A banjo picker named Devin stars in the winning entry at Hormel’s first bacon film festival.
Business
August 22, 2013

With peanut butter added to bacon, Hormel profit rose 2 percent

Gains in its recently acquired Skippy peanut butter business helped offset the effect of higher pork prices.
Business
July 29, 2013

Minnesota CEO pay: Lots of options

Minnesota’s top CEOs cashed in far more stock options in 2012 than they did the year before, boosting median total pay 2.6 percent.
Business
July 14, 2013

Hormel's latest product launch: Rev, a snack wrap aimed at teens

It's a ready-to-eat product in the refrigerated case, new terrain for Hormel.
Business
July 5, 2013
Ryan Kanne of the U.S. Commercial Service helps Minnesota companies fi...

Imports, not just exports, benefit Minnesota's economy

Foreign goods and cash help support 750,000 jobs in the state, according to a report by the Business Roundtable.
Business
June 18, 2013
Hormel CEO Jeffrey Ettinger, in the background is Hormel founder Georg...

Hormel lowers earnings forecast; stock falls

The packaged food firm has been hit by softer sales of its refrigerated food products and by higher pork costs.
Business
May 24, 2013

Hormel profits fall 4 percent

The Austin food company has been hurt by weakening conditions in its Jennie-O unit.
Video
May 23, 2013

Inside Business: Mixed bag of earnings for Hormel

Hormel Foods Thursday posted a 4 percent decline in quarterly per-share profits, buffeted by high feed costs and weaker prices in its Jennie-O Turkey store business.
Business
April 16, 2013
Hormel Food products.

Hormel profit jumps 13% on strong grocery sales

Annual revenue topped $8 billion, but a conservative forecast sent shares down.
Business
April 16, 2013

Hormel earnings in line with Wall St. expectations

Despite a decline in Jennie-O profit, the Austin food company raised its full-year forecast.
Business
April 16, 2013
Jennie-O turkey 50th anniversary -- jennie.31948 - Atwater,MN. 6/23/9...

Jennie-O packs a punch for Hormel

Robust turkey sales helped the Austin-based foodmaker post a 17 percent gain in earnings that beat analysts' estimates.
Business
March 24, 2013
A campaign sign for Proposition 37, which would require foods that con...

Genetically engineered food: Put a label on it?

As California votes on labeling genetically engineered food, the implications are huge for Minnesota's food industry.