Hormel Foods - food industry company news 
The week ahead - M&S, Dairy Crest FYs, Hormel Foods H1s
20 May 2013
UK meat processor Cranswick, dairy group Dairy Crest and Marks and Spencer, perhaps the most scrutinised name on the country's high street, are all set to announce annual results next week. In the US, Spam owner Hormel Foods will post its half-year results.
SWITZ/ASIA: Hormel signs DKSH for Asian sales, distribution
15 May 2013
US food group Hormel Foods has enlisted DKSH, the import, sales and marketing agency in Asia, to help expand it in the region.
US: Hormel's MegaMex JV launches Mexican sauces
28 March 2013
Hormel Foods's MegaMex Foods venture has launched a range of Mexican cooking sauces in the US.
US: Smithfield Foods urged to split in three
8 March 2013
A major investor in Smithfield Foods has called on the US meat giant's board to consider splitting the company in three.
US: Hormel reports Q1 profit increase
21 February 2013
US food group Hormel Foods has recorded an increase in first-quarter profit.
Best bits: Hormel broadens portfolio with Skippy buy
7 January 2013
Last week may have been the first week back at our desks after the new year, but we hit the ground running with news that Unilever sold its Skippy peanut butter business to Hormel Foods.
Focus: Hormel's acquisition of Skippy
4 January 2013
The sale of Unilever's Skippy business was confirmed yesterday (3 January) when it was announced that the iconic peanut butter brand would find a new home with Hormel Foods. While Hormel clearly has big plans for Skippy, Unilever will be hoping that an increased focus will benefit its food portfolio. In part one of our two-part analysts, Katy Askew looks at how Hormel hopes the deal will benefit its bottom line.
Focus: Unilever's sale of Skippy
4 January 2013
News that Unilever has sold its Skippy peanut butter brand comes as little surprise. The well-flagged disposal follows a number of divestments in the packaged food space. The consumer goods giant is clearly hoping that its food interests will benefit from greater focus, while the decision to shed a largely US-leaning brand reflects Unilever's disposition towards emerging markets. Katy Askew reports.
Editor's choice: the highlights on just-food this week
4 January 2013
It may have been just-food's first week back after the Christmas break, but we hit the group running with the news that Unilever has sold its Skippy peanut butter brand to Hormel.
US: Hormel acquires Unilever's Skippy businesses
3 January 2013
Hormel Foods will acquire the Skippy peanut butter brand from Unilever for a consideration of around US$700m, it emerged today (3 January).
US: Hormel Foods profits accelerate in Q4
20 November 2012
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.
US: Hormel launches Jennie-O taco kit
12 October 2012
Hormel Foods is preparing to launch Jennie-O Turkey Tacos Mini Soft Taco Kits in a bid to appeal to US consumers looking for a "better-for-you" snack or light meal.
US: Hormel promotes Snee as international chief
26 September 2012
Hormel Foods has promoted James Snee to lead the US group's international operations.
US: Hormel Foods Q3 profits climb
23 August 2012
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth.
US: Hormel cuts fat, salt in Jennie-O turkey bacon
22 August 2012
Hormel Foods has reformulated its Jennie-O turkey bacon to lower the salt and fat content in the product by 60%.
Deal or no deal: Hillshire Brands lists... and is in play
29 June 2012
Shares in Hillshire Brands, formerly part of Sara Lee, rose today (29 June) as the pure-play US meat company listed on the New York Stock Exchange. Michelle Russell takes a look at what lies ahead for the firm as analysts suggest it may become a takeover target.
US: Hormel Foods H1 profits slide
23 May 2012
US food group Hormel Foods has booked a drop in first-half net earnings as sales and profits declined in its grocery products division.
US: Input costs hit Hormel Foods' Q1 profits
24 February 2012
US food group Hormel Foods saw its profits slide in its fiscal first quarter on the back of high input costs.
2012 - Supermarket battles to drive supplier M&A
6 February 2012
Some of the world's largest retailers struggled in 2011, which promises to mean even more intense competition in 2012. What could this mean for suppliers? Ultimately, it could mean the industry witnesses more consolidation this year.
2011 in review - M&A activity fails to meet expectations
22 December 2011
A year ago, there was consensus that M&A activity would pick up in 2011. As we look back on the last 12 months, there were some major deals but concern over the economy meant the numbers of deals fell short of expectations. Dean Best reports.
US: Hormel names Berry sales executive
22 December 2011
Hormel Foods has appointed Cheryl Berry as international sales and marketing manager for Canada.
US: Former ConAgra exec Boever joins Pinnacle Foods
14 December 2011
US food maker Pinnacle Foods Group has appointed Christopher Boever as executive vice president and chief customer officer.
UK: Tulip adds Parkam Foods to portfolio
28 November 2011
Danish Crown's UK arm Tulip has acquired four meat companies from chilled meat producer Parkam Food Group.
Editor's choice: the highlights on just-food last week
28 November 2011
Global retail dominated our headlines this week, not least with the news that India has decided to ease the rules on foreign investment in the sector. In Europe, Ahold outlined its new strategy, rival Dutch retailer Jumbo snapped up local player C1000 and analysts reflected on the new CEO at Metro Group. Elsewhere, the turmoil surrounding US snack maker Diamond Foods widened when it emerged that a director had been found dead.
US: Hormel Q4 earnings drop but 2012 forecast cheers investors
22 November 2011
Shares in Hormel Foods climbed today (22 November) after the US food maker's lower quarterly profits beat analyst expectations - and its forecast for 2012 earnings was above Wall Street targets.
UK: Tulip to increase capacity at two UK sites
14 November 2011
Danish Crown's UK arm Tulip has confirmed that it plans to expand production capacity at two of its facilities.
US: Hormel Foods promotes Binder
11 October 2011
Hormel Foods has today (11 October) promoted Steven Binder to the position of president of Hormel business units.
US: Hormel announces management changes
28 September 2011
Hormel Foods today (28 September) announced a series of management changes for both its domestic and overseas businesses.
US: Diamond Foods CEO Mendes joins Hormel board
28 September 2011
Diamond Foods chairman, president and CEO Michael Mendes has joined the board of US food group Hormel Foods.
US: Hormel Foods shares drop despite profit jump
25 August 2011
Shares in Hormel Foods dropped despite today's announcement (25 August) of an increase in third-quarter profits and an improved forecast for annual earnings.
