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Hormel Foods Sees Pork Supplies Improving, Profits Up 21%
date:Aug 25, 2014
cent and total segment sales decreased 3 percent, as our core canned meat and microwave meal franchises were impacted by unusually high input costs and related pricing actions taken earlier this year. SKIPPY peanut butter, HORMEL bacon toppings and the HERDEZ line of products within our MegaMex Foods joint venture delivered volume growth.

Refrigerated Foods segment profit increased 101 percent, and sales increased 12 percent. Results were driven by strong pork operating margins and growth of re

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