Hormel Foods Corp (HRL.N)
17 May 2013
|Market Cap (Mil.):||$11,310.00|
|Shares Outstanding (Mil.):||264.87|
* First-quarter earnings/share $0.48, in line with estimates
Feb 21 - Hormel Foods Corp reported a quarterly profit, helped by strong sales in its grocery business.
- Hormel Foods Corp agreed to buy Skippy, the iconic U.S. peanut butter brand, from Unilever Plc for $700 million, adding the well-known kids lunch staple to a portfolio that includes Spam canned meat.
* Unilever had been looking to sell the business since October
Jan 3 - Hormel Foods Corp, the maker of Spam canned ham, said it will acquire the Skippy peanut butter business from Unilever Plc for about $700 million.
Nov 20 - Hormel Foods Corp, which makes Spam canned ham, posted higher fourth-quarter earnings on Tuesday, slightly below Wall Street estimates, and said 2013 performance would be hurt by higher grain costs.
Nov 20 - Hormel Foods Corp reported higher quarterly earnings on Tuesday as losses in the company's hog operations were offset by profit gains in other parts of the business.