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Hormel appeals to time-poor consumers with 60-second breakfast US: Hormel launches Compleats breakfast line

2 April 2014

Hormel Foods is launching Hormel Compleats, a line of "hearty" breakfast meals that can be prepared in 60 seconds.

US: Hormel, Hillshire linked to Unilever's Ragu

25 March 2014

Speculation is mounting over the potential suitors for Unilever's Ragu brand, with the likes of Hormel Foods and Hillshire Brands touted as would-be acquirers alongside Post Holdings and Mizkan.

US: Hormel Q1 earnings jump on Skippy acquisition

20 February 2014

Hormel Foods has booked a jump in first-quarter sales and earnings, boosted by the acquisition of the Skippy peanut butter brand.

US: Hormel increases capacity at Iowa plant

17 January 2014

US food group Hormel Foods has confirmed plans to transfer additional production volumes to its processing facility in Dubuque in Iowa.

just-food's review of 2013: the trends that shaped 2013 M&A

6 January 2014

M&A levels remained relatively subdued in 2013. Growing private-equity interest and something of a shift in capital flows to mature markets have been significant trends shaping the M&A landscape. While gaining routes-to-market in emerging economies has remained key for strategic buyers. Katy Askew examines some of the stand-out deals of the past 12 months.

US: Hormel Foods records FY earnings increase

26 November 2013

Hormel Foods has booked an increase in full-year earnings on the back of growth in all but one of its divisions.

Quote, unquote: just-food's week in words

9 September 2013

The Barclays Back to School Conference kicked off earlier this week - a three-day event that saw company executives gather to discuss their plans and outlook with investors and analysts. Manufacturers participating in the event included PepsiCo, General Mills, Mondelez International and Hormel Foods. Elsewhere, Delhaize named ex-Metro Group executive Frans Muller as its new CEO - and also announced the head of its US business, its largest market, would leave the company.

Focus: International to be key driver of accelerated growth - Hormel Foods

6 September 2013

US food group Hormel Foods has said it expects an increased focus on its international business to be a key driver of faster growth for the company heading into fiscal 2014.

On the money: Hormel not feeling the chill in refrigerated foods

23 August 2013

US food group Hormel Foods has said it is "heading in a good direction" with its refrigerated foods business, despite the unit performing "weakly" in the third quarter.

US: Hormel Foods records "solid" Q3

22 August 2013

Hormel Foods said today (22 August) it recorded "solid" earnings and sales in its third quarter and reiterated its full-year guidance.

US: Unilever to sell Wish-Bone, Western dressings to Pinnacle Foods

12 August 2013

Unilever said today (12 August) it had struck a deal to sell its Wish-Bone and Western dressings brands to US food group Pinnacle Foods for US$580m.

MEXICO: H1 profits up at Grupo Herdez

31 July 2013

Grupo Herdez, the Mexico-based company, has booked higher half-year profits thanks to a "strong" organic performance and the acquisition of frozen yoghurt business Nutrisa.

US: Hormel targets teens with Rev Wraps

18 July 2013

US consumer branded meat and food products firm Hormel Foods is targeting the teen market with the launch of a wrap range.

US: Hog supplier AgFeed files for Chapter 11

16 July 2013

Hog company AgFeed USA has filed for Chapter 11 bankruptcy protection, citing a dispute with Hormel Foods.

The week ahead: General Mills, ConAgra FYs; Hormel investor day

24 June 2013

US food groups General Mills and ConAgra Foods report their annual results next week. Meanwhile, US peer Hormel Foods holds its annual investor day.

US: B&G, Pinnacle "interested in Unilever's Wish-Bone"

21 June 2013

Unilever's US salad dressings business, Wish-Bone, has reportedly attracted interest from food firms B&G Foods and Pinnacle Foods.

US: Hormel Foods lowers FY earnings forecast

18 June 2013

Hormel Foods saw its share price slide today (18 June) after the Spam owner issued a profit warning.

UK: Unilever tight-lipped over Wish-Bone "sale plans"

17 June 2013

Unilever has remained silent over reports it is looking for a buyer for its Wish-Bone salad dressings business in the US.

US: Hormel H1 profits slide on costs

23 May 2013

US food group Hormel Foods has booked a drop in first-half earnings, hurt by costs related to its Skippy acquisition, higher grain costs and weak turkey prices.

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.

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