Core Insights - Hormel Foods Corporation will participate in the 2026 Consumer Analyst Group of New York (CAGNY) Conference on February 18, 2026, at 4 p.m. ET [1][2] - The company will host its fiscal 2026 first quarter earnings conference call on February 26, 2026, at 7 a.m. CT (8 a.m. ET) [3][4] Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and is recognized for its diverse portfolio of brands, including PLANTERS, SKIPPY, SPAM, and more than 30 others [5] - The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, and has received various accolades for corporate responsibility and community service [5]

Core Insights - Hormel Foods Corporation has appointed Domenic Borrelli as executive vice president of Retail, effective February 23, 2026, to oversee its Retail business unit, which is a significant growth driver for the company [1][6] Group 1: Appointment and Role - Domenic Borrelli will lead the Retail business unit, which includes many of Hormel's well-known consumer brands [1] - John Ghingo, president of Hormel Foods, expressed confidence in Borrelli's ability to drive consumer-driven growth and strategic direction within the Retail unit [1] Group 2: Experience and Background - Borrelli has over 25 years of experience in the food and beverage industry, with a strong track record in managing multi-billion-dollar businesses and leading transformations [1][2] - Prior to joining Hormel, Borrelli was president and general manager of the Beverage Creations business at Danone North America, where he successfully managed a portfolio of brands [2][3] - His previous roles include senior leadership positions at Kraft Foods and Maple Leaf Foods, focusing on marketing and general management [4] Group 3: Education and Affiliations - Borrelli holds an MBA from the Schulich School of Business at York University and a bachelor's degree from York University in Toronto [5] - He has served on the boards of the Organic Trade Association and the National Coffee Association, indicating his involvement in industry organizations [5] Group 4: Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and is recognized for its diverse portfolio of brands, including PLANTERS, SKIPPY, and SPAM [6] - The company is a member of the S&P 500 Index and has received various accolades for its corporate responsibility and community service efforts [6]

Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue [7] - The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [7] Annual Meeting Details - The 2026 Annual Meeting of Stockholders will be held in person on January 27, 2026, at 6 p.m. CST at Austin High School's Richard L. Knowlton Auditorium [1] - Stockholders must present a government-issued photo identification and proof of ownership of the company's common stock to attend the meeting [2] - Doors will open at 5 p.m. CST, and an expedited check-in process is available for pre-registered attendees [3] Question and Answer Session - Following the business portion of the meeting, there will be a question-and-answer session where all questions must be submitted in advance [4] Gift Box Distribution - Registered stockholders can pick up gift boxes at the SPAM® Museum from January 28 to January 31, 2026, while supplies last [5] Meeting Recording - A recording of the 2026 Annual Meeting of Stockholders will be posted on the investor relations website following the meeting [6]

Leadership Changes - Hormel Foods Corporation announced the retirements of Mark Morey and Paul Peil, both long-tenured leaders within the company [1][2] - Mark Morey served at Hormel Foods for over 30 years, holding various roles in sales, marketing, general management, and operations, and was recognized for his customer focus and operational discipline [1][3] - Paul Peil's career at Hormel Foods spans 36 years, where he transitioned from sales to marketing, significantly impacting strategy and customer relationships [1][4] Company Overview - Hormel Foods is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue [5] - The company is known for its diverse portfolio of brands, including PLANTERS, SKIPPY, SPAM, and JENNIE-O, among others [5] - Hormel Foods is a member of the S&P 500 Index and has received multiple accolades for corporate responsibility and community service [5][6]

Core Insights - Hormel Foods Corporation has appointed Jason Levine as the new chief marketing officer (CMO), a role aimed at enhancing marketing capabilities and accelerating growth strategies [1][3][4] Group 1: Leadership and Experience - Jason Levine brings over 20 years of experience in the consumer packaged goods industry, having previously served as CMO for North America at Mondelz International, overseeing a multibillion-dollar portfolio [2][5] - Levine's background includes significant roles at Kraft Foods Group and PIM Brands, where he led marketing initiatives and innovation strategies [2][5] Group 2: Strategic Focus - The new CMO role will focus on advancing brand strategy, digital capabilities, and creating scalable marketing platforms across various channels and markets [3] - The integration of enterprise business analytics with the Brand Fuel function will enhance the strategic use of data and technology for impactful brand marketing and consumer-driven growth [3] Group 3: Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and is recognized for its diverse portfolio of brands, including PLANTERS, SKIPPY, and SPAM [7][8] - The company is a member of the S&P 500 Index and has received numerous accolades for corporate responsibility and community service [7][8]

Core Insights - Hormel Foods Corporation has announced its fourth cohort of the 10 Under 20 Food Heroes program, recognizing young individuals dedicated to creating a more transparent, secure, and sustainable food system [1][2][3] Group 1: Program Overview - The 10 Under 20 Food Heroes program aims to foster a nationwide network of young changemakers focused on improving their communities [2] - Hormel Foods will host the honorees at its global headquarters in Austin, Minnesota, providing mentorship and resources to help scale their projects [2][3] - This year's program includes mental health and resilience training for the cohort and their families, in partnership with Be Strong [3] Group 2: Individual Contributions - Adam Belouad, 19, has led Hand to Hunger, serving over 220,000 meals and mobilizing 62,500 student volunteers [4] - Ali Muzik, 17, enhances the Packer Pantry and Clothing Closet, optimizing pantry usage through an online ordering form [5] - Angelina Xu and Advika Agarwal, both 19, co-founded Compostology, which helped pass a state bill allocating $1.25 million for K-12 composting programs [6] - Atreya Manaswi, 19, developed an eco-friendly pesticide that could save the beekeeping industry over $1 billion annually [8] - Bella Brown, 18, co-founded Living Outside, distributing over 6,000 care bags and raising over $8,000 in donations [9] - Bruce Matos, 17, has helped distribute over 7 million pounds of food through the Joshua's Heart Foundation [10] - Chris Matthews, 18, supports families in need through his nonprofit Blankies 4 My Buddies, helping over 5,000 families [11] - Hunter Guthrie, 17, founded A Taste of Home, raising over $60,000 to combat food waste and insecurity [12] - Laura Kopec, 20, has prepared nearly 40,000 meals for foster children, raising over $300,000 [13] - Ryan Gustis, 19, founded The Backpack Project, delivering over 3,000 backpacks with essentials to those in need [14] Group 3: Company Background - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and is a member of the S&P 500 Index [16] - The company is recognized for its corporate responsibility and community service efforts, with numerous awards for its initiatives [16]

Core Points - Hormel Foods Corporation has been recognized on Military Times' 2025 Best for Vets employer list for the 13th consecutive year, highlighting its commitment to supporting military service members and their families [1][2] - The company emphasizes its recruitment and retention efforts for veterans, showcasing its employee resource group, HMVET, which aids military members in integrating into the company [2][3] - Hormel Foods has approximately $12 billion in annual revenue and is known for its diverse portfolio of brands, including PLANTERS, SKIPPY, and SPAM, among others [4] Recruitment and Support - The Best for Vets survey evaluates companies based on their recruitment practices, retention programs, and support for transitioning service members and their families [2] - Hormel Foods' HMVET group provides a platform for military members and their families to foster camaraderie and support throughout their careers [3] Company Overview - Hormel Foods is a global branded food company based in Austin, Minnesota, and is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats [4] - The company has received multiple accolades for its corporate responsibility and community service efforts, reinforcing its reputation as a responsible employer [4]

Core Viewpoint - Hormel Foods Corporation will discuss its fourth quarter and full-year financial results for fiscal 2025 and provide insights into its fiscal 2026 outlook during a conference call scheduled for December 4, 2025 [1]. Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue [3]. - The company is known for its diverse portfolio of brands, including PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE, among others [3]. - Hormel Foods is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, recognized for its corporate responsibility and community service efforts [3].

Core Points - Hormel Foods Corporation awarded $10,000 scholarships to two students with military backgrounds pursuing careers in culinary arts and foodservice management [1][4] - The Hormel Heroes Scholarship program has awarded a total of $200,000 to 15 students since its inception [3] - The scholarships are administered by the National Restaurant Association Educational Foundation (NRAEF), which has provided over $27 million in scholarships and grants to more than 6,300 students since 1987 [6] Company Overview - Hormel Foods Corporation is a global branded food company based in Austin, Minnesota, with approximately $12 billion in annual revenue [7] - The company is recognized for its commitment to corporate responsibility and community service, being a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats [7] - Hormel Foods' brand portfolio includes well-known names such as PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE among others [7]

Core Viewpoint - Hormel Foods Corporation is undergoing a corporate restructuring to align resources with strategic priorities, support future growth, and strengthen the overall business [1][4]. Group 1: Restructuring Details - The company has implemented a voluntary early retirement program for a portion of its non-plant workforce, is closing many open roles, and will reduce approximately 250 corporate and sales positions [2][3]. - The restructuring is expected to incur charges between $20 million and $25 million, primarily related to one-time pension benefits, cash severance payments, stock compensation expenses, and employee benefit costs [4]. Group 2: Leadership Statements - Jeff Ettinger, interim CEO, emphasized the careful consideration given to decisions affecting team members and the focus on providing support during transitions [3][5]. - John Ghingo, president of Hormel Foods, stated that the company remains focused on growth, requiring continued investment in technology, innovation, food safety, and quality [4]. Group 3: Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, has approximately $12 billion in annual revenue and is a member of the S&P 500 Index [6]. - The company is recognized for its brands, including PLANTERS, SKIPPY, SPAM, and HORMEL NATURAL CHOICE, and has received numerous accolades for corporate responsibility and community service [6].