Hormel Foods to spin off Justin’s brand in private-equity agreement
Hormel Foods is spinning off its Justin’s brand of nut butters and chocolate snacks through an investment agreement with Forward…
Hormel Foods
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Hormel Foods cuts forecast for annual earnings
Hormel Foods has cut its forecast for annual underlying earnings after “disappointing” profits in the US manufacturer’s fiscal third quarter.…
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Big Food’s stake in the future – in-house venture-capital funds’ investments
For Big Food companies looking to gain exposure to new, exciting, potentially faster-growing categories, M&A remains a popular route. But…
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Eyeing alternatives – meat companies with stakes in meat-free and cell-based meat
The rise of plant-based products and the arrival of cell-cultured options as meat alternatives are trends very much on the…
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Hormel Foods names interim chief exec but still no permanent CEO
Hormel Foods has appointed former CEO and board member Jeffrey Ettinger as the US group's interim chief executive – and…
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Hormel Foods confident of sales growth acceleration in back half
Hormel Foods expects second-half growth to accelerate although guidance for sales and EPS was tweaked to reflect the macroenvironment. “We…
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The heat could soon be on for indulgent spicy products
The indulgence of heat may sound like a Gabriel Garcia Marquez novel but it is rather the idea that spice…
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Cargill agrees financial settlement in turkey price-fixing lawsuit
Cargill has agreed a financial settlement in relation to a turkey price-fixing lawsuit, although the US agri-food giant has not…
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Hormel Foods CEO James Snee to step down
Jim Snee, the chairman, president and CEO of Hormel Foods, is to step down from the helm of the US…
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Tyson Foods among US poultry processors to settle workers’ wage dispute
Tyson Foods is among a nine-strong group of US poultry processors that have agreed to settle a wage dispute stretching…
