Baker will assume the role at the end of the fiscal year following the planned retirement of Scott AakreAUSTIN, Minn., May 16, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, announced that Jeff Baker, group vice president of Retail marketing for Value-Added Meats, will assume the role of group vice president for Retail marketing at the end of the company's fiscal 2025. Following the retirement of Scott Aakre, group vice president and chief marketing off ...

Today's shoppers are turning to ready-made meals more than ever before, limiting prep time while delivering on satisfaction. These convenient options offer a welcome alternative to takeout or time-consuming home cooking, allowing consumers to enjoy a hot, hearty meal with minimal effort. No longer seen as a last resort, today's heat-and-eat products are crafted with high-quality ingredients, diverse flavor profiles and an emphasis on freshness. As a result, heat-and-eat meals are not just a time-saving solu ...

Company Overview - The HERDEZ® brand is recognized as the No. 1 selling brand of salsa in Mexico and leads the authentic Mexican salsa market in the US [6] - HERDEZ® is part of MegaMex Foods, a rapidly growing Mexican food company in the US focused on innovative flavor experiences [6] - Hormel Foods Corporation, the parent company, generates approximately $12 billion in annual revenue and operates in over 80 countries [7] Product Launch - HERDEZ® is expanding its Mexican Refrigerated Entrées line with the introduction of HERDEZ® Al Pastor Seasoned Shredded Pork with Sauce, which features seasoned shredded pork in a rich sauce [1][2] - The new product is designed to cater to the growing consumer demand for global-inspired meal solutions that are convenient and flavorful [3][4] Market Trends - There is a significant rise in demand for convenient meal solutions, particularly among younger consumers who prefer quality, nutrition, and ease of preparation [4] - Heat-and-eat meat entrees like HERDEZ® Al Pastor provide a smart alternative to takeout or traditional cooking, maintaining taste and quality [4] Pricing and Availability - The retail price for HERDEZ® Al Pastor Seasoned Shredded Pork with Sauce ranges from $9.98 to $10.98 and is available in major retailers nationwide [5]

Many income investors are looking for a reliable dividend. For the record, it's not uncommon for a dividend- paying company to decrease the amount it pays or to cut its dividend altogether. But in my lifetime, that's never happened with the dividend payments from PepsiCo (PEP 0.68%), Target (TGT 0.67%), or Hormel Foods (HRL 1.93%). All three of these dividend stocks have paid a quarterly dividend and increased it annually for over 50 years without fail. This puts all three of these companies on the list of ...

Spicy flavors, regional varieties and homestyle ingredients are increasingly popular as pizza enthusiasts seek novelty, nostalgiaAUSTIN, Minn., March 27, 2025 /PRNewswire/ -- Straight from the sizzling scene of the 2025 International Pizza Expo in Las Vegas, Hormel Foods — maker of the best-selling retail pepperoni in the United States and a market leader in foodservice pizza toppings — is dishing out its freshest take on the pizza industry's hottest trends. Logan Kumm and Daniel Moore, both Foodservice ...

Core Insights - Hormel Foods Corporation announced the re-appointment of Jeffrey M. Ettinger to its Board of Directors, effective March 21, 2025, highlighting his long-standing commitment to the company and its shareholders [1][2] Company Overview - Hormel Foods is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue and operations in over 80 countries [5] - The company is recognized for its diverse portfolio of brands, including PLANTERS®, SKIPPY®, SPAM®, and HORMEL® NATURAL CHOICE®, among others [5] - Hormel Foods is a member of the S&P 500 Index and has received various accolades for corporate responsibility and community service [5] Leadership and Governance - Jeffrey M. Ettinger, who previously served as president and CEO of Hormel Foods from 2005 to 2016, will join the board's Governance Committee and CEO Search Committee [2][3] - Ettinger currently chairs The Hormel Foundation, which beneficially owns approximately 46% of Hormel Foods' outstanding common stock [1][3] Community Engagement - As chairman of The Hormel Foundation, Ettinger oversees the distribution of millions of dollars in charitable donations to enhance the quality of life in the Austin, Minnesota community [3][4]

AUSTIN, Minn., March 18, 2025 /PRNewswire/ -- Hormel Foods Corporation (NYSE:HRL), a Fortune 500 global branded food company, today announced leadership advancements for its Retail business segment. Scott Weisenbeck Joe O’Connor Scott Weisenbeck has been promoted to vice president of marketing – Retail. Scott has been instrumental in driving growth and innovation in the bacon category and will take on an expanded role, bringing his expertise to a broader portfolio of brands. Joe O'Connor has been prom ...

AUSTIN, Minn., March 10, 2025 /PRNewswire/ -- In a captivating new chapter, MR. PEANUT® and the world-famous PLANTERS® NUTmobile are making their movie debut in Netflix's highly anticipated new film, The Electric State. Ahead of the film's release, The PLANTERS® brand and Netflix created exclusive TV spots featuring MR. PEANUT® in The Electric State. A longtime symbol of the PLANTERS® brand and pop culture, MR. PEANUT® brings a fun charm to the film while staying true to his classic American icon ...

The Foodservice division at Hormel Foods is 'taking heat somewhere sweet' with the launch of its latest trend-forward topping, which debuts at International Pizza Expo later this monthAUSTIN, Minn., March 5, 2025 /PRNewswire/ -- Hot honey has long been a relevant talking point for pizzaiolos, as more and more pizza establishments are incorporating hot honey into their menus and offerings. Hormel Foods, a known innovator in the pizza space, naturally took notice of this increasingly "hot" trend, and the comp ...

Hormel Foods (HRL) Q1 2025 Earnings Call February 28, 2025 09:05 AM ET Company Participants Jess Blomberg - Director of IRJim Snee - President and Chief Executive OfficerJacinth Smiley - Executive VP & CFOPeter Galbo - Director - Equity ResearchKen Goldman - Managing DirectorJohn Ghingo - Executive Vice President of RetailHeather Jones - FounderBenjamin Theurer - Managing DirectorPooran Sharma - Managing DirectorMax Gumport - Director - Equity Research Conference Call Participants Rupesh Parikh - Senior Equ ...