Hormel
‘A Wildcard’: Hormel Lowers Full Year Outlook, Citing Weak International Performance
Hormel Foods today lowered its net sales guidance for the full year to the low single-digit range citing unfavorable pork and turkey commodity markets and weakened demand in China.
Hormel Foods Announces Changes to Operating Structure Amid Transition into ‘Global Branded Food Company’
Austin, Minneapolis-based Hormel Foods announced today it will transition to three operating segments – retail, foodservice and international – as it moves further beyond meat products and evolves into a “global branded food company.”
The Checkout: The Very Good Food Company Secures Capital To Keep Doors Open; Hormel Reports Second Quarter Earnings
In this week’s Checkout: The Very Good Food Company secures capital to keep its doors open; Hormel reports double digit sales increase despite bird flu outbreak and inflationary pressures; and Danone North America commits to Zero Waste to Landfills by 2025.
The Checkout: Appetites Big and Small Hungry for Plant-based
The plant-based protein category shows no signs of slowing down, with more innovation and investment coming daily — and even making its way to baby food. In this week’s Checkout, two major CPG brands announced plant-based meat innovations, while another will dip its toes into plant-based seafood. And baby food maker Yumi is pairing with vegan fast-casual brand ByChloe to appeal to little palates.
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