Turkey farms may be unromantic, but they play a vital role in cherished traditions https://t.co/IxqhSVqMk9 ...

Core Insights - Hormel Foods is implementing a multiyear Transform and Modernization initiative to mitigate margin pressures in fiscal 2025, which ended on October 26 [3][4] - The initiative aims to transform the supply chain and reduce portfolio complexity, resulting in increased distribution capacity and optimized manufacturing footprint [3] - Hormel anticipates that the initiative will continue to alleviate inflationary pressures and support margin expansion in fiscal 2026, although specific savings from the program will no longer be reported separately [4] Financial Performance - In fiscal 2025, Hormel faced elevated pork and beef prices, with cost inflation for pork bellies, pork cutout, and pork trim rising by 25%, 10%, and 20% respectively [8] - Beef prices also saw significant increases throughout the year, impacting the company's margins despite pricing actions taken at various times [8] Supply Chain Challenges - Beef costs are expected to remain high and pose challenges throughout fiscal 2026, while pork input costs are projected to decline but remain above the five-year average [5] - Turkey supplies are anticipated to remain constrained through the first half of 2026 due to avian flu [5][8] - Tyson Foods is also experiencing supply challenges, relying on value-added products and operational efficiencies to navigate reduced hog and cattle supplies [6]

How the turkey gobbled its way to the heart of America’s invented festival https://t.co/tEqbNBSXJh ...

Official Thanksgiving Item Rankings1) Cranberry Sauce (canned, no berry)2) Stuffing3) Mac & Cheese4) Apple Pie5) Gravy6) Sweet Potato Casserole7) Cranberry Sauce (with berry)8) Mashed Potatoes9) Butter10) Turkey ...

Turkey is disgusting, and Pumpkin Pie is mid. ...

Thanksgiving should be cheaper this year. Turkey, stuffing and cranberry prices are all lower, but skip the yams. Sweet potato prices have skyrocketed.🔗 https://t.co/ixMUfn3TY5 https://t.co/McngPM6Cod ...

Turkey, stuffing and cranberry prices are all lower, but skip the yams. Sweet potato prices have skyrocketed. https://t.co/ZFNMMSuB6t ...

Talk to us first about how prices compare to this time last year. Obviously, you have a very unique seat here. So what sort of trends are you seeing when it comes to food inflation.Well, the good news is that we're seeing prices the same or in some cases lower than what they were last year for turkeys for Thanksgiving. As you as you mentioned, we've seen retailers coming out with a lot of very strong pricing to help the consumers out there in the lead on that is Turkey. The consumers are telling us they do ...

Core Insights - Grocery Outlet is launching holiday promotions to help customers save up to 60% on their shopping, emphasizing affordability during the holiday season [1][2] Promotions and Offers - Holiday Wine Sales will offer 20% off all wine bottles from November 5–11 and December 12–14, featuring new wines under the Second Cheapest Wine™ brand priced at $4.99 per bottle [4] - A Turkey Deal will provide a frozen 14–16-pound Jenny-O turkey for $5.99 with a $50 purchase from November 12 to November 27, available in select states [7] - Customers can enter to win Free Groceries for a Year valued at $6,000 or Free Groceries for a Month valued at $500 by scanning their card in the Grocery Outlet app [7] Market Context - Recent polls indicate that 74% of Americans have seen their monthly household costs increase by at least $100, with some reporting increases as high as $749 [9] - Economic sentiment is low, with three out of four Americans rating economic conditions as fair or poor, primarily due to rising prices and personal expenses [10] Company Overview - Grocery Outlet is a high-growth, extreme value retailer with over 550 stores across multiple states, focusing on quality, name-brand consumables and fresh products [11]