Today’s consumers are looking for more variety with 48% saying they are interested in trying new bacon items, according to Mintel.

Steve Lykke succeeds Mark Coffee, who is retiring.

Hormel Foods was included in Newsweek magazine's list of America’s greatest workplaces for diversity in 2024 along with Pilgrim’s Pride, Smithfield Foods and more.

The three pillars considered were customer trust, investor trust and employee trust. Del Monte Foods landed the No. 46 spot on the list.

Hormel expects to stop the turkey harvest operation by the second quarter of fiscal 2024.

After opening the day on Nov. 29 at $31.55 per share, the stock price fell nearly 4.5% to close the day at $30.46 per share.

The subsidiary of Hormel Foods broke the Guinness World Record with a donation of 15,000 whole birds in 24 hours.

Although UFCW said the deal was Hormel’s final offer, the company continues to express hope that a new contract will be reached.

The most recent contract expired Sept. 10.

The launch follows several recent flavor innovations by Planters, including pumpkin spice almonds, rosemary and sea salt cashews, dill pickle cashews and cinnamon brown sugar cashews.