The Justin’s branded business will be majority-owned by Forward, which will hold 51%, with Hormel Foods retaining a 49% stake ...

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

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

Hormel Foods (HRL) provided a business update to investors on Wednesday. The company said it continues to anticipate strong ...

Hormel Foods warned that earnings in the latest quarter were squeezed by price pressures, bird flu and a fire that damaged its Arkansas peanut butter production facility.

But Dividend Aristocrats® can also fail investors in less dramatic ways by making the list while offering increasingly token ...

Hormel Foods and Forward Consumer Partners are forming a strategic partnership that will make Justin’s a standalone company, ...

The Minnesota Spam-maker is selling a 51% stake in the brand to Forward Consumer Partners nearly a decade after buying it for $286 million.

Investment firm Forward Consumer Partners will own 51% of the joint venture; founder Justin Gold and CEO Peter Burns will ...

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

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 Corporation (NYSE: HRL) today announced the appointment of Paul Kuehneman as interim chief financial officer and ...