Hormel Foods Q4 sales miss estimates, impacted by a decline in turkey market and production issues at the Virginia facility. Hormel expects $100M-$150M in benefits from its T&M initiative in FY25 ...
weighed down by a continued slump in turkey prices. Austin, Minn.-based Hormel HRL has been beset by lower prices for whole-bird turkeys all year, as well as a production interruption at a ...
Hormel Foods Corporation (NYSE ... the steep decline in whole bird turkey commodity markets, and the production disruption at our Suffolk, Virginia, facility,” said Jim Snee, chairman of the ...
Hormel Foods Corp ... and poultry products for retail, foodservice, deli, and commercial customers. The Jennie-O Turkey Store segment includes the processing, marketing, and sale of branded ...
Sales rose at brands including Hormel Black Label bacon, Applegate meats, Jennie-O ground turkey, and SPAM. In the foodservice segment, volume rose 2%, sales were up 1% and segment profit was down 8%.
Hormel Foods Corporation and its subsidiary Jennie-O Turkey Store donated turkeys and hams for a Thanksgiving meal and event for around 1,000 people affected by Hurricane Harvey and others in need on ...