Hormel CEO Jim Snee has declared an early victory one year into its three-year transformation plan, as quarterly profits increased 13% even as revenue declined. “Year one of ‘Transform and Modernize’ ...
Hormel Foods Corp.'s stock fell 3.2% early Wednesday, after the parent of brands including Jennie-O and Spam posted weaker-than-expected sales for its fiscal fourth quarter, weighed down by a ...
The Austin, Minnesota-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs, came to 42 cents per share. The results fell short of Wall Street ...