Hormel Foods is in the late-stage talks to acquire Applegate Farms, a producer of organic hot dogs, bacon and sausages. This comes after the company acquired Muscle Milk maker CytoSport Holdings in August last year. The proposed deal ...
Tags: Hormel Foods, Bacon
US-based food company Hormel Foods has completed the acquisition of CytoSport Holdings, for $450m. CytoSport, which is based in Benicia of California, produces muscle milk products. It has been purchased from the Pickett family and TSG ...
Tags: Hormel, acquisition, Food
Hormel Foods Corporation (HRL) reported its performance for the fiscal year 2014 second quarter. All comparisons are to the second quarter of fiscal 2013. The company reported fiscal 2014 second quarter net earnings of $140.1 million, up ...
Tags: Hormel Foods, Grocery Products
Hormel Foods Corporation today reported its performance for the fiscal year 2014 first quarter. All comparisons are to the first quarter of fiscal 2013. The company reported fiscal 2014 first quarter net earnings of $153.3 million, up 18 ...
Tags: Hormel Foods, Refrigerated Foods
Hormel Foods Corporation today reported its performance for the fiscal year 2013 fourth quarter and full year. All comparisons are to the fourth quarter or full year of fiscal 2012. The company reported fiscal 2013 fourth quarter net ...
Tags: Hormel Foods Corporation, reported its performance, Fourth Quarter
Hormel Foods has promoted James Snee to lead the US group's international operations. In an announcement today (26 September), Hormel said Richard Bross was retiring as president of Hormel Foods International Corp. Snee's appointment ...
Tags: International Chief, international operations, Hormel Foods
US food group Hormel Foods saw its profits accelerate in the final quarter of its financial year amid stronger earnings from its grocery products business. Hormel, which makes Spam canned meat, booked a 13% increase in net earnings to ...
Tags: food, grocery, canned meat, taco, burrito, refrigerated foods
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
Hormel Foods has reformulated its Jennie-O turkey bacon to lower the salt and fat content in the product by 60%. The improved recipe turkey bacon will be in stores from this month with an "improved taste and texture", the US food company ...
Tags: food, bacon, lower salt, lower fat, turkey bacon