Ethan Brown, president and CEO, addressed the category weakness during a conference call with investment analysts, pointing to three key factors.

Pork tends to be a planned purchase – more so than poultry or beef.

The settlement is against a complaint that the companies falsely advertised buy-one-get-one-free (BOGO) promotions.

St Pierre finds that those consumers who upgrade to a quality bread product from St Pierre often go on to spend more on quality meats and cheeses, too.

Maple Leaf’s vision is to become the most sustainable protein company in the world.

Using the Crisp platform, Hormel is able to share and leverage historical and real-time data insights in Google Cloud from leading retailers.

The best way to add value is to market products that make dinner prep as easy as possible. 

Consumers have an increased desire for both Asian and Latin flavors.

ProMach expects the transaction to close in the second half of 2023.