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Stock impact report

Is Hormel Foods (HRL) One of the Best High-Yield Dividend Growth Stocks to Buy Right Now? [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
Is Hormel Foods (HRL) One of the Best High-Yield Dividend Growth Stocks to Buy Right Now? On April 24, Hormel Foods Corporation (NYSE:HRL) announced that it has completed the sale of its whole-bird turkey business to Life-Science Innovations (LSI), following an earlier announcement in February. As part of the deal, LSI took over the production facility in Melrose, Minnesota, along with a feed mill in Swanville and related transportation assets. The Melrose site now operates as Legacy Turkey, with employees transitioning to LSI. The company also assumed supply agreements with third-party hen growers. Hormel is keeping the JENNIE-O brand and will continue producing value-added turkey products such as ground turkey, deli meats, and turkey bacon. It also retains the rights to sell JENNIE-O OVEN READY whole birds and turkey breasts, while continuing its remaining turkey operations. The move reflects a shift toward higher-margin, value-added products and away from more volatile com Show less Read more
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