Hormel Foods president John Ghingo named CEO
Hormel Foods has named its current president John Ghingo as the CEO of the US food business to replace Jeff…
Hormel Foods
-
-
Hormel Foods sells Brazil business
Hormel Foods is to offload its business in Brazil to domestic food producer Zanchetta Alimentos as the US group looks…
-
Hormel Foods braces for “noisy” quarter but sticks with sales guidance
Hormel Foods still expects base earnings to hit the top end of its full-year guidance range despite headwinds from elevated…
-
Hormel Foods sells whole-bird turkey business
Hormel Foods has signed an agreement to sell its whole-bird turkey business to Life-Science Innovations (LSI) as part of the…
-
Hormel Foods leans into protein trend as portfolio trimming planned
As Hormel Foods leans into the protein trend to support revenues and profits, the US retail and foodservice business has…
-
Hormel Foods to shed 250 roles in restructuring drive
Hormel Foods plans to eliminate 250 positions through a mixture of voluntary early retirements and layoffs as part of a…
-
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 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.…
-
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…
-
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…
