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Stock impact report

Hormel Foods Completes Sale of Whole-Bird Turkey Business to Life-Science Innovations [Yahoo! Finance]

Hormel Foods Corporation (HRL) 
Last hormel foods corporation earnings: 2/20 06:30 am Check Earnings Report
US:NYSE Investor Relations: investor.hormelfoods.com
Company Research Source: Yahoo! Finance
April 24, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced it has completed the previously announced sale of its whole-bird turkey business to Willmar, Minn.-based Life-Science Innovations (LSI). Life-Science Innovations LSI has taken ownership of an existing whole-bird production facility in Melrose, Minn., a feed mill in Swanville, Minn., and associated transportation assets. The production facility will now operate under the name Legacy Turkey; the Melrose, Minn., workforce has joined LSI as part of the transition. LSI has also assumed supply contracts with dedicated third-party hen growers. Hormel Foods continues to own and use the JENNIE-O ® brand name and produce ground turkey, deli meats, turkey burgers, turkey bacon, turkey franks, and other turkey items for retail and foodservice customers. The company has also retained the right to sell JENNIE-O ® OVEN READY™ whole turkey birds and turkey breasts. In Show less Read more
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