Welcome to our dedicated page for Hormel Foods news (Ticker: HRL), a resource for investors and traders seeking the latest updates and insights on Hormel Foods stock.
Hormel Foods Corporation (NYSE: HRL) is a Fortune 500 global branded food company based in Austin, Minnesota, known for protein-centric foods sold under brands such as PLANTERS®, SKIPPY®, SPAM®, HORMEL® NATURAL CHOICE®, APPLEGATE®, WHOLLY®, HORMEL® BLACK LABEL®, COLUMBUS® and JENNIE-O®. The Hormel Foods news stream covers developments that affect its brand portfolio, financial performance and corporate strategy.
Investors and followers of HRL can use this page to monitor earnings announcements and outlook updates, including quarterly and full-year results, segment performance in Retail, Foodservice and International, and commentary on margins, input costs and strategic initiatives like the Transform and Modernize (T&M) program. Regulatory disclosures about restructuring plans, role reductions and other cost actions are also reflected in company news and related Form 8‑K filings.
News from Hormel Foods frequently highlights brand and product activity, such as new offerings from the HORMEL® MARY KITCHEN® brand, collaborations for SKIPPY® products with partners like Milk Bar®, and experiential marketing programs for the PLANTERS® brand, including the NUTmobile and Peanutter ambassador roles. These stories provide insight into how the company supports its brands, engages consumers and responds to demand for convenient, comfort-oriented foods and snacks.
Corporate updates also include leadership changes and governance milestones, such as appointments to executive roles, information about the annual meeting of stockholders and recognition from external organizations. Examples include being named to Fast Company’s Brands That Matter list and being recognized by U.S. News & World Report, Newsweek and TIME magazine for workplace quality, responsibility and overall performance.
By following this HRL news page, readers can track how Hormel Foods communicates its strategy, manages its portfolio of more than 30 brands and navigates market conditions across its retail, foodservice and international businesses.
Hormel Foods (NYSE: HRL) announced that Richard Carlson, vice president of global food safety and quality management, will retire after a 35-year career, effective May 1, 2026. Jeremiah Johnson, a 20-year company veteran and director of food safety management, will succeed Carlson as vice president.
The company emphasized Johnson's food safety, quality and regulatory expertise and operational experience, and leadership remarks were provided by interim CEO Jeff Ettinger and president John Ghingo.
Hormel Foods (NYSE: HRL) declared a quarterly common-stock dividend of $0.2925 per share on March 23, 2026. The dividend will be paid May 15, 2026, to shareholders of record at the close of business April 13, 2026.
This payment will be the 391st consecutive quarterly dividend, reflecting an unbroken record of regular quarterly distributions since the company became public in 1928.
Hormel Foods (NYSE: HRL) identified five pizza trends for 2026: specialized heat (Calabrian chili), brisket as a premium protein, meat-forward "Triple Pepperoni" pies, global fusion toppings, and specialty crusts. 43% of U.S. consumers seek new flavors; Calabrian chili interest grew 59% and Indian-inspired toppings grew 98% over four years.
The company will showcase Hot Calabrian products and other innovations at International Pizza Expo (Booth #1725).
SPAM brand (NYSE:HRL) and Bachan's launched a limited-edition SPAM Japanese Barbecue Sauce Flavored (12 oz.) product, available exclusively at Walmart beginning March 7, 2026, for a suggested retail price of approximately $4 while supplies last.
This collaboration combines SPAM and Bachan's Original Japanese Barbecue Sauce, celebrating Japanese-American food culture and fan-driven pairings like musubi and fried rice.
Hormel Foods (NYSE: HRL) reported first quarter fiscal 2026 results: net sales $3.03 billion, organic net sales +2%, diluted EPS $0.33 and adjusted diluted EPS $0.34. Operating income was $244 million and cash flow from operations was $349 million. The company updated operating income and diluted EPS guidance while reaffirming adjusted full‑year guidance.
Portfolio moves included the completed sale of Justin's majority interest and a pending whole‑bird turkey sale expected to close in Q2 FY2026.
Hormel Foods (NYSE: HRL) appointed Donald Monk as its first chief technology officer, effective March 23, 2026. Monk will lead enterprise technology, digital and data strategy to support long-term growth and modernization of the company’s technology platforms.
Monk brings more than 35 years of global technology leadership, including three decades at General Mills where he served as chief information officer, and is tasked with building modern digital capabilities and high-performing global teams.
Hormel Foods (NYSE: HRL) reported preliminary Q1 fiscal 2026 results and reaffirmed full-year adjusted guidance. The company expects Q1 net sales of ~$3.0 billion, 2% organic net sales growth, preliminary diluted EPS of $0.33 and adjusted diluted EPS of $0.34.
The company also entered a definitive agreement to sell its whole-bird turkey business to Life-Science Innovations, expected to close by the end of the company’s Q2 fiscal 2026, and will release full Q1 results on Feb. 26, 2026.
Hormel Foods (NYSE: HRL) agreed to sell its whole-bird turkey business to Life-Science Innovations (LSI), with closing expected by the end of Hormel Foods' fiscal 2026 second quarter, subject to customary conditions.
The sale transfers the Melrose whole-bird plant, Swanville feed mill and related transportation assets; JENNIE-O branded products and brand ownership are not affected. Hormel Foods expects minimal impact to adjusted fiscal 2026 results and noted LSI will co-manufacture to ensure uninterrupted order fulfillment through the end of fiscal 2026.
Hormel Foods (NYSE: HRL) named Will Bonifant group vice president and chief supply chain officer, effective March 9, 2026. Bonifant will lead global procurement, manufacturing, planning, logistics, engineering and supply chain innovation.
He joins from The Hershey Company after 15 years, where he led supply chain strategy and manufacturing for a 20‑plant network and held international leadership roles.
SPAM brand (NYSE: HRL) launched the "SPAM brand vs. Everybody" Big Game campaign on February 3, 2026, partnering with rookie wide receiver Tetairoa McMillan to promote SPAM musubi and game-day recipes. Campaign elements include social contests, prize packs, and cross-promotion on Instagram to drive engagement and cultural storytelling.