Paul Kuehneman was named the interim chief financial officer (CFO) of Hormel Foods, effective October 27.

"Consumers' growing aversion toward ultra-processed foods and artificial dyes is curbing sales for Kraft's marquee brands." ...

Tyson Foods will pay $55 million and Cargill $32.5 million to settle a beef price fixing lawsuit filed on behalf of consumers ...

The Spam maker, which will remain a minority owner, is offloading 51% of the brand to Kodiak owner Forward Consumer Partners.

GREENWICH, CONN. — The private equity company Forward Consumer Products has acquired a 51% stake in the Justin’s nut butter brand from Hormel Foods Corp. Hormel will retain the other 49%. Terms of the ...

Dow Jones Top Company Headlines at 9 AM ET: Boeing Books Nearly $5 Billion Charge for 777X Delays | Kraft ... The company pushed back the first delivery of its new 777X model to 2027, citing ...

GREENWICH, CONN. — The private equity company Forward Consumer Products has acquired a 51% stake in the Justin’s nut butter ...

Hormel Foods (HRL) announced the appointment of Paul Kuehneman as interim chief financial officer and controller, effective October 27. He will ...

The company said it no expects sales for the fiscal fourth quarter will be toward the top end of its earlier guidance of between $3.15 million and $3.25 billion, but earnings per share on an adjusted ...

Hormel Foods has agreed to spin off Justin’s brand into a standalone company through a deal with Forward Consumer Partners.

Hormel ( HRL) warned that it continued to experience persistent inflation in key commodity inputs at levels exceeding ...

Under the deal, specialty nut butter maker Justin's will become a standalone company with Hormel Foods Corp. owning 49%.