Hormel Foods Announces Retirement of Richard Carlson, Vice President of Global Food Safety and Quality Management Accessibility StatementSkip Navigation Jeremiah Johnson, director of food safety management, named successor AUSTIN, Minn., March 26, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced that Richard Carlson, vice president of global food safety and quality management, will be retiring after a 35-year career with the company. J ...

Key Takeaways Conagra Brands is expected to post lower Q3 sales and earnings than last year.CAG faces cautious consumers, uneven demand, plus weather and SNAP timing issues impacting trends.CAG margins pressured by input costs and spending, while frozen and snacks show improvement from promos.Conagra Brands, Inc. (CAG) is likely to witness a top and bottom-line decline when it reports third-quarter fiscal 2026 earnings on April 1. The Zacks Consensus Estimate for revenues is pegged at $2.77 billion, indicat ...

JBT Marel (NYSE:JBT) 2026 Investor Day March 26, 2026 10:00 AM ET Company ParticipantsArni Sigurdsson - PresidentAugusto Rizzolo - EVP and President of Regions and IntegrationBob Petrie - EVP and President of Meat and Prepared FoodsBrian Deck - CEOJack Martin - EVP and Chief Supply Chain OfficerMarlee Spangler - Senior Director of Investor RelationsMatthew Meister - EVP and CFORoger Claessens - EVP and President of PoultryShelley Bridarolli - EVP and CHRONone - Video NarratorConference Call ParticipantsAdam ...

GREELEY, Colo., March 25, 2026 (GLOBE NEWSWIRE) -- JBS today announced financial results for the fourth quarter and full year ended December 31, 2025, which included record net revenue of US$ 86 billion, an increase of 12% compared to 2024. Net income for the full year 2025 grew 13%, reaching US$ 2 billion. The strong performance was driven primarily by Pilgrim’s Pride Corporation, JBS Australia and Seara, all of which delivered significant organic growth and value creation. The results underscore the resil ...

Key Takeaways Hormel Foods' Foodservice and International segments helped offset weaker Retail in Q1.HRL's Foodservice sales rose 7% with 13% profit growth, driven by pricing and strong demand.Hormel's Retail sales fell 2% and profit dropped 19% amid weak demand and higher costs.Hormel Foods Corporation (HRL) is leaning heavily on its International and Foodservice businesses to counterbalance a weak Retail performance and first-quarter fiscal 2026 results suggest that this strategy is working, though not fu ...

Pilgrim’s Pride Corporation (NASDAQ:PPC) is one of the best undervalued defensive stocks for 2026. On March 13, BTG Pactual initiated coverage of Pilgrim’s Pride Corporation (NASDAQ:PPC) with a Neutral rating and set a $40 price target. In its fiscal Q4 and full year 2025 financial results, the company reported net sales of $18.5 billion for the year, with a consolidated GAAP operating income margin of 8.7%. GAAP net income came up to $1.1 billion, with a GAAP EPS of $4.54, adjusted net income of $1.2 bill ...

Ingredion Incorporated (NYSE:INGR) is one of the best undervalued defensive stocks for 2026. Ingredion Incorporated (NYSE:INGR) was initiated with a Buy rating by Benchmark on March 17, with the firm assigning a $130 price target to the stock. In a separate development, Ingredion Incorporated (NYSE:INGR) announced on March 18 that its board of directors has declared a quarterly dividend of $0.82 per share on the company’s common stock. It stated that the quarterly dividend will be payable on April 21, 2026 ...

Lamb Weston Holdings, Inc. (NYSE:LW) is one of the best undervalued defensive stocks for 2026. BofA cut the price target on Lamb Weston Holdings, Inc. (NYSE:LW) to $49 from $53 on March 13, reiterating a Neutral rating on the shares. The firm told investors that the company is likely to experience increased earnings pressure in the second half as compared to the first half, as well as competitive challenges that are likely to pressure the balance of the year. It further told investors in a research note th ...

Orior is to keep its ready-meals business following a review as part of the Swiss food and drink group’s strategy reset. Last August, Orior announced it was weighing up options for Belgian-based Culinor Food Group, including a sale, under what it called at the time a “far-reaching” restructuring programme to reduce debt. Alongside its annual results today (25 March), Orior said “all strategic options” for Culinor “were reviewed”. However, the listed company added “no value appropriate for Orior could be ...

Hog Production: Hall said adjusted operating profit was $176 million, the highest since 2014, driven by improved commodity markets and operational optimization. Sales rose 13% to $3.4 billion despite a 23% (about 3.4 million head) reduction in hogs produced as part of a rationalization strategy; the company cited higher external sales to new joint venture partners, including sales of grain, feed and services, plus the initial transfer of commercial hog inventories. The average market hog sales price was up ...