Highest-materiality recent filing
Hormel Q2 adjusted EPS $0.40 (+10%+); net sales $2.97B; reaffirms FY adjusted EPS $1.43-1.51
GAAP EPS $0.29 includes $61M loss on sale of whole-bird turkey business; adjusted EPS $0.40 up double-digit.
Hormel Foods Q1 adj EPS $0.34; organic net sales +2%; reaffirms adj FY26 EPS guidance
Q1 diluted EPS $0.33, adjusted $0.34; net sales $3.03B, organic net sales +2%.
Hormel Foods to cut ~250 corporate/sales roles, expects $20-25M restructuring charges
Plan eliminates about 250 corporate and sales roles; most departures by Dec 31, 2025.
Hormel Foods CFO Jacinth Smiley departs; Paul Kuehneman named interim CFO
CFO Jacinth Smiley left effective Oct 26, 2025; will remain employed until Nov 30, 2025.
Jeffrey M. Ettinger, former CEO (2006-2016), returns as Interim CEO until Oct 25, 2026; base salary $1.2M, one-time equity grant $7.2M.
Hormel Foods CEO James P. Snee to retire at end of fiscal 2025; board begins successor search
CEO James P. Snee retires at end of FY2025 (Oct 26, 2025) after 36-year career with Hormel.
Hormel Foods EVP Retail Deanna Brady to retire; John Ghingo returns as successor
Deanna Brady, executive vice president retail, retiring at end of fiscal 2024 (Oct. 27, 2024) after 28 years.
Hormel Foods faces $70M pre-tax charge from unfavorable arbitration ruling
Arbitrator awarded $59.6M in damages, $5.3M prejudgment interest, and attorneys' fees to a third party.
Hormel Foods CFO Jim Sheehan to retire; Jacinth Smiley appointed successor
James N. Sheehan retires as EVP & CFO effective Dec 31, 2021, after 43 years with Hormel Foods.
the Board has appointed Mr. Jeffrey M. Ettinger as the Interim Chief Executive Officer of the Company (the 'Interim CEO') and Mr. John F. Ghingo as the President of the Company (the 'President'), in each case effective as of July 14, 2025.
James P. Snee, President and Chief Executive Officer ('CEO') of the Company will be retiring at the end of the Company's fiscal year 2025, which ends October 26, 2025.
The Board has also appointed Mr. Ghingo as a member of the Board, effective as of July 14, 2025.
the Board has appointed Mr. Jeffrey M. Ettinger as the Interim Chief Executive Officer of the Company (the 'Interim CEO') and Mr. John F. Ghingo as the President of the Company (the 'President'), in each case effective as of July 14, 2025.
James P. Snee, President and Chief Executive Officer ('CEO') of the Company will be retiring at the end of the Company's fiscal year 2025, which ends October 26, 2025.
On May 15, 2025, the Board of Directors (the Board) of Hormel Foods Corporation (the Company) elected D. Scott Aakre, the Company’s Group Vice President and Chief Marketing Officer – Retail, to the Board, effective the same date.
the Board of Directors (the Board) of Hormel Foods Corporation (the Company) elected Jeffrey Ettinger to the Board, effective March 21, 2025.
James P. Snee, Chairman of the Board (“Chairman”), President and Chief Executive Officer (“CEO”) of the Company and the Company have agreed that Mr. Snee will retire at the end of the Company’s fiscal year 2025, which ends October 26, 2025.
On September 21, 2024, the Board of Directors (the Board) of Hormel Foods Corporation (the Company) elected Debbra Schoneman to the Board, effective immediately on September 21, 2024.
On August 13, 2024, Deanna Brady, executive vice president, retail, of Hormel Foods Corporation (the “Company”) gave notice of her intent to retire at the end of fiscal 2024, October 27, 2024.
On March 25, 2024, the Board of Directors (the “Board”) of Hormel Foods Corporation (the “Company”), upon recommendation of the Governance Committee, accepted the resignation of Mr. Jose Luis Prado as a member of the Board, effective immediately.
On February 1, 2024, Raymond G. Young resigned from the Hormel Foods Corporation Board of Directors, effective immediately, having meaningfully contributed to the Board during his tenure.
Max materiality 0.75 · Median 0.50 · Most common event earnings