STOCK TITAN

Hormel Foods Matches Donations to Slice Out Hunger through Giving Season Fundraising Campaign

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Hormel Foods Corporation (NYSE: HRL) announced it matched $10,000 in donations to Slice Out Hunger during their fundraising campaign. This initiative aims to bolster hunger relief efforts across the U.S., aligning with Hormel's commitment to community support. Hormel has donated over $50 million to charities in the last five years, including $6.4 million for hunger relief in 2020. The partnership continues with plans for the upcoming Pizza Across America program.

Positive
  • Matched donations of $10,000 to Slice Out Hunger, enhancing community engagement.
  • Hormel Foods has a strong history of charitable contributions, with over $50 million donated in five years.
Negative
  • None.

AUSTIN, Minn., Jan. 27, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a global branded food company, recently matched $10,000 in donations made to Slice Out Hunger through the nonprofit organization's giving season fundraising campaign. Slice Out Hunger produces pizza-related events and campaigns to support hunger initiatives across the U.S.

"Supporting hunger-relief efforts is a major focus area of our company," said Deanna Brady, executive vice president of Refrigerated Foods at Hormel Foods. "Pizza brings everyone together and has the ability to create some normalcy during challenging situations. As we are known for our famous retail and foodservice pizza toppings, such as Hormel® pepperoni, Rosa Grande® pepperoni, Fontanini® Italian sausage, Burke® pizza crumbles and Happy Little Plants® plant-based pepperoni-style topping, it is only fitting to partner with an organization like Slice Out Hunger. We look forward to our continued partnership to help others."

"Thank you to Hormel Foods for matching donations and helping us exceed our fundraising goal this giving season," said Scott Wiener, founder of Slice Out Hunger. "We are excited to partner on future efforts and initiatives, such as our upcoming Pizza Across America program."

As a leading corporate citizen, Hormel Foods has donated more than $50 million in cash and product donations to nonprofit organizations over the last five years, including $6.4 million in hunger-relief donations in 2020. The company has partnered with Slice Out Hunger for several years. For additional information about the company's charitable giving, visit https://csr.hormelfoods.com/.

About Hormel Foods — Inspired People. Inspired Food.
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel®, Natural Choice®, Applegate®, Justin's®, Wholly®, Hormel® Black Label®, Columbus® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on Corporate Responsibility Magazine's "The 100 Best Corporate Citizens" list for 12 years, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food. — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

Contact: 

Kelly Braaten


Hormel Foods


507-434-6352


media@hormel.com

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/hormel-foods-matches-donations-to-slice-out-hunger-through-giving-season-fundraising-campaign-301469452.html

SOURCE Hormel Foods Corporation

FAQ

What did Hormel Foods announce on January 27, 2022?

Hormel Foods announced it matched $10,000 in donations to Slice Out Hunger during their fundraising campaign.

How much has Hormel Foods donated to charities in the last five years?

Hormel Foods has donated more than $50 million to charities in the last five years.

What is the purpose of the Slice Out Hunger partnership?

The partnership aims to support hunger relief efforts across the U.S.

What was Hormel's contribution to hunger relief in 2020?

Hormel Foods contributed $6.4 million to hunger relief initiatives in 2020.

What upcoming program will Hormel Foods partner with Slice Out Hunger on?

Hormel Foods will partner with Slice Out Hunger on the upcoming Pizza Across America program.

Hormel Foods Corporation

NYSE:HRL

HRL Rankings

HRL Latest News

HRL Stock Data

17.40B
291.18M
0.22%
88.02%
1.7%
Packaged Foods
Meat Packing Plants
Link
United States of America
AUSTIN