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 (22 August).

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Hormel said it had “an excellent quarter”, led by its grocery products segment, which recorded 32% profit growth.

Operating profit reached $171.8m compared to $146.8m last year.

Sales for the quarter amounted to $2bn, up 5% from the same period in fiscal 2011.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now