{"id":388455,"date":"2020-11-25T08:03:48","date_gmt":"2020-11-25T13:03:48","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=388455"},"modified":"2020-11-25T08:03:48","modified_gmt":"2020-11-25T13:03:48","slug":"hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/","title":{"rendered":"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues"},"content":{"rendered":"
\n

82nd Consecutive Year of Program<\/h2>\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n AUSTIN, Minn.<\/span>, Nov. 25, 2020<\/span> \/PRNewswire\/ —\u00a0Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 82nd<\/sup> consecutive grant. <\/p>\n

\n

\n
\n \"Hormel
\n <\/a>\n <\/p>\n<\/p><\/div>\n

“We have been able to share our profits with our inspired people for more than 80 years, and this year, more than ever, we are honored to be able to share our continued success with our uncommon and unmatched team,” said Jim Snee<\/span>, chairman of the board, president and chief executive officer at Hormel Foods. “This has been an unprecedented year and I’m incredibly proud of how our team continues to focus on Safety First while working to ensure food is readily available during this pandemic.” <\/p>\n

The profit sharing program was started by Jay C. Hormel<\/span> in 1938 and is voluntarily paid at the discretion of the company’s Board of Directors and has become an annual Thanksgiving Eve tradition. <\/p>\n

\n ABOUT HORMEL FOODS \u2014 Inspired People. Inspired Food.\u2122<\/b>\n <\/p>\n

Hormel Foods Corporation, based in Austin, Minn.<\/span>, is a global branded food company with over $9 billion<\/span> in annual revenue across more than 80 countries worldwide. Its brands include SKIPPY\u00ae<\/sup>,<\/i>SPAM\u00ae<\/sup>, Hormel\u00ae<\/sup>\u00a0Natural Choice\u00ae<\/sup>, Applegate\u00ae<\/sup>, Justin’s\u00ae<\/sup>, Wholly\u00ae<\/sup>, Hormel\u00ae<\/sup> Black Label\u00ae<\/sup>, Columbus\u00ae<\/sup><\/i> and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the “Global 2000 World’s Best Employers” list by Forbes<\/span> magazine for three straight years, is one of Fortune magazine’s most admired companies, has appeared on Corporate Responsibility Magazine’s “The 100 Best Corporate Citizens” list for the 12th year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement \u2014 Inspired People. Inspired Food.\u2122 \u2014 to bring some of the world’s most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com<\/a>.\u00a0\u00a0<\/p>\n

Contact: Media Relations
507-434-6352
media@hormel.com<\/a><\/p>\n

\u00a0<\/p>\n

<\/div>\n

\n \"Cision\" View original content to download multimedia:http:\/\/www.prnewswire.com\/news-releases\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues-301180208.html<\/a><\/p>\n

SOURCE Hormel Foods Corporation<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

82nd Consecutive Year of Program PR Newswire AUSTIN, Minn., Nov. 25, 2020 \/PRNewswire\/ —\u00a0Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 82nd consecutive grant. “We have been able to share our profits with our inspired people for more than 80 years, and this year, more than ever, we are honored to be able to share our continued success with our uncommon and unmatched team,” said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. “This has been an unprecedented year and I’m incredibly proud of how our team continues to focus on Safety First while working to ensure … <\/p>\n

Continue reading “Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-388455","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nHormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"82nd Consecutive Year of Program PR Newswire AUSTIN, Minn., Nov. 25, 2020 \/PRNewswire\/ —\u00a0Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 82nd consecutive grant. “We have been able to share our profits with our inspired people for more than 80 years, and this year, more than ever, we are honored to be able to share our continued success with our uncommon and unmatched team,” said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. “This has been an unprecedented year and I’m incredibly proud of how our team continues to focus on Safety First while working to ensure … Continue reading "Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-25T13:03:48+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/446407\/Hormel_Foods_Corporate_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues\",\"datePublished\":\"2020-11-25T13:03:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/\"},\"wordCount\":356,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/446407\\\/Hormel_Foods_Corporate_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/\",\"name\":\"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/446407\\\/Hormel_Foods_Corporate_Logo.jpg\",\"datePublished\":\"2020-11-25T13:03:48+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#primaryimage\",\"url\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/446407\\\/Hormel_Foods_Corporate_Logo.jpg\",\"contentUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/446407\\\/Hormel_Foods_Corporate_Logo.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/","og_locale":"en_US","og_type":"article","og_title":"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues - Market Newsdesk","og_description":"82nd Consecutive Year of Program PR Newswire AUSTIN, Minn., Nov. 25, 2020 \/PRNewswire\/ —\u00a0Hormel Foods Corporation (NYSE: HRL), a global branded food company, today distributed its annual profit sharing to eligible hourly and salaried team members during this 82nd consecutive grant. “We have been able to share our profits with our inspired people for more than 80 years, and this year, more than ever, we are honored to be able to share our continued success with our uncommon and unmatched team,” said Jim Snee, chairman of the board, president and chief executive officer at Hormel Foods. “This has been an unprecedented year and I’m incredibly proud of how our team continues to focus on Safety First while working to ensure … Continue reading \"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-25T13:03:48+00:00","og_image":[{"url":"https:\/\/mma.prnewswire.com\/media\/446407\/Hormel_Foods_Corporate_Logo.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues","datePublished":"2020-11-25T13:03:48+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/"},"wordCount":356,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/446407\/Hormel_Foods_Corporate_Logo.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/","name":"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#primaryimage"},"thumbnailUrl":"https:\/\/mma.prnewswire.com\/media\/446407\/Hormel_Foods_Corporate_Logo.jpg","datePublished":"2020-11-25T13:03:48+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#primaryimage","url":"https:\/\/mma.prnewswire.com\/media\/446407\/Hormel_Foods_Corporate_Logo.jpg","contentUrl":"https:\/\/mma.prnewswire.com\/media\/446407\/Hormel_Foods_Corporate_Logo.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/hormel-foods-annual-tradition-of-sharing-profits-with-its-team-members-continues\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Hormel Foods Annual Tradition of Sharing Profits With Its Team Members Continues"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/388455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=388455"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/388455\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=388455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=388455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=388455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}