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Keeping the Heat Going - Frozen Foods Are Hotter Than Ever


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HARRISBURG, Pa., March 11, 2021 /PRNewswire/ Breakfast on-the-go? You got it! Gluten-free meals with all the sides? Simple! Healthy snacks for you and the kids? You re covered! Easy smaller meals? Check! Meatless Monday? BOOM! Dessert without the guilt? Easy as pie. Dinner with international flair? Done!
Find Hot Trends in the Freezer Aisle
Is this some kind of dream world? Nope! All this and so much more can be found on a trip down the frozen food aisle.
No matter how you re choosing to eat, frozen foods have you covered. According to the National Frozen & Refrigerated Foods Association (NFRA), manufacturers are innovating to align their products with today s consumer dining habits and health trends. ....

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Hormel Foods Reports First Quarter Results And Provides Full Year Guidance


Hormel Foods Reports First Quarter Results And Provides Full Year Guidance
Record sales driven by growth from all four segments
The company previously announced the acquisition of the Planters® snack nuts business
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AUSTIN, Minn., Feb. 18, 2021 /PRNewswire/  Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2021. All comparisons are to the first quarter of fiscal 2020 unless otherwise noted. Operating free cash flow is presented as a non-GAAP metric.
EXECUTIVE SUMMARY - FIRST QUARTER
Record net sales of $2.5 billion, up 3%
Pretax earnings of $277 million, down 5% ....

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Hormel Foods Corp (HRL) Q1 2021 Earnings Call Transcript


Hormel Foods Corp (HRL) Q1 2021 Earnings Call Transcript
Motley Fool Transcribers
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Hormel Foods Corp (NYSE: HRL)
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Operator
Good morning and welcome to the Hormel Foods First Quarter 2021 Earnings Conference Call. [Operator Instructions] After today s presentation, there will be an opportunity to ask questions. [Operator Instructions]
I would now like to turn the conference over to Nathan Annis. Please go ahead.
This article is a transcript of this conference call produced for The Motley Fool. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. As with all our articles, The Motley Fool does not assume any responsibility for your use of this content, and we strongly encourage you to do your own research, including listening to the call yourself and reading the company s SEC filings. Please see our ....

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Hormel Foods Announces the Retirement of Glenn Leitch, Executive Vice President, Supply Chain


Hormel Foods Announces the Retirement of Glenn Leitch, Executive Vice President, Supply Chain
Mark Coffey to Advance to Group Vice President, Supply Chain, for Hormel Foods Global Operations
Jen Ehresmann Elevated to Vice President, Supply Chain
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AUSTIN, Minn., Feb. 1, 2021 /PRNewswire/  Hormel Foods Corporation (NYSE: HRL), a global branded food company, today announced that Glenn Leitch, executive vice president of supply chain, will retire during the second calendar quarter of 2021. Mark Coffey, currently senior vice president of supply chain and manufacturing for Hormel Foods, will advance to group vice president of supply chain and will lead the company s global supply chain. Additionally, Jen Ehresmann was named to vice president of supply chain. The company s supply chain includes more than 30 production facilities and co-packing partners, producing thousands of products sold worldwide. ....

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Post Forms Partnership to Distribute Plant-Based Meat Products


The food company will expand distribution of Hungry Planet plant-based meat products in the US.
Consumer packaged goods holding firm Post Holdings entered into a new partnership to expand distribution of Hungry Planet Inc.’s plant-based meat products, the St. Louis-based company announced in a release Monday. 
“Demand for plant-based meats is growing. We are excited to announce this partnership with Hungry Planet and to continue to offer more innovative product options to our customers,” said Mark Westphal, who serves as president of Michael Foods, a Post subsidiary, in a statement.
Post’s Foodservice and Refrigerated Foods business units will distribute the Hungry Planet products. The faux meat supplier’s products are found across the US in foodservice, grocery stores, ecommerce and restaurants. ....

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