Dan's Prize Announces Furlough of 197 Team Members
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: PR Newswire
LONG PRAIRIE, Minn., April 27, 2020 /PRNewswire/ -- Dan's Prize, LLC announced today that it will be temporarily furloughing 197 of its approximately 530 team members on May 4, 2020. Dan's Prize is well-known for its wide variety of meat products sold throughout the restaurant and foodservice industry, and has seen a dramatic decline in foodservice business as a result of the global COVID-19 outbreak. Dan's Prize is part of the Hormel Foods Corporation's (NYSE:HRL) family of companies. "We have an incredible team of food production professionals who are highly skilled at producing great products for restaurants, hotels and other foodservice operations. Unfortunately, the global COVID-19 pandemic has significantly disrupted the foodservice and hospitality industries," said Jeff Tobak, president of Dan's Prize. "Our dedicated employees have been working hard over the last several weeks and we thank them for all they are doing as essential workers and we fully expect to bring them back a
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- Hormel Foods (NYSE:HRL) had its price target raised by analysts at JPMorgan Chase & Co. from $27.00 to $28.00. They now have an "overweight" rating on the stock.MarketBeat
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- Hormel Foods (NYSE:HRL) had its price target raised by analysts at Bank of America Corporation from $25.00 to $26.00. They now have a "neutral" rating on the stock.MarketBeat
HRL
Earnings
- 12/4/25 - Beat
HRL
Sec Filings
- 12/5/25 - Form S-3ASR
- 12/5/25 - Form 10-K
- 12/4/25 - Form 8-K
- HRL's page on the SEC website