Latest Hormel Foods News & Updates

See the latest news and media coverage for Hormel Foods. We track all announcements, press releases, and industry mentions in real time, all in one place.

Hormel Foods

Global branded food company

hormelfoods.com

Headquarters: Austin, United States
Founded year: 1891
Company type: Public company
Number of employees: 10,000+
Industry: Food Processing

Last updated October 26

Latest news about Hormel Foods

In short: Hormel Foods named John Ghingo CEO, agreed to buy Brakebush, and reported Q3 results.

Company announcements

October 26 Hormel Foods

John Ghingo becomes Hormel Foods CEO

He prioritizes people, speed, and consumer connections to evolve the business and meet changing needs.

September 30 Hormel Foods

Hormel Foods Announces Acquisition of Brakebush

The deal is valued at $1.055 billion and strengthens Hormel's position in the growing value-added chicken category.

August 27 Hormel Foods

Hormel Foods reports Q3 fiscal 2026 results and raises full-year adjusted EPS outlook

The company reported adjusted diluted EPS of $0.37 for the quarter. It also announced the sale of its Brazil operations and updated guidance for net sales and operating income.

July 28 Hormel Foods

Hormel Foods appoints John Ghingo as CEO

Ghingo, current president, will succeed interim CEO Jeff Ettinger effective Oct. 26, 2026.

Media coverage

September 29 Chicago Tribune

Hormel makes $1 billion bet on chicken

Hormel Foods is branching into a new — and wildly popular — meat category with a deal to acquire a chicken company for more than...

August 27 Yahoo Finance

Why Hormel Foods (HRL) Stock Is Falling Today

Shares of packaged foods company Hormel (NYSE:HRL) fell 9.3% in the afternoon session after the company cut its full-year sales forecast and reported...

August 27 Food Business News

Hormel's retail volume woes continue

For the third quarter ended July 26, net earnings fell to $59.6 million, equal to 11¢ per share on the common stock, compared with $183.7...

August 26 The Wall Street Journal

Hormel Foods Cuts Sales Outlook on Lower Quarterly Revenue

The food company, which owns Spam and Skippy peanut butter, cut its outlook for annual sales to $12.1 billion to $12.2 billion, compared with a...

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