Ad Spot

Hormel reports 2nd quarter results

The company delivers record first half sales and increases full year sales guidance

Hormel Foods Corporation reported Thursday results for the second quarter of fiscal 2021.

The company reported a record net sales of $2.6 billion, up 8% from second quarter 2020 and pretax earnings of $293 million, up 2% from last year.

“Once again, our balanced business model has proven to be a winning formula as our team delivered record  sales in the first half and is on pace to deliver a second consecutive year of record sales,” said Jim Snee,  chairman of the board, president and chief executive officer. “We were able to achieve these record results  through strong foodservice sales, continued elevated demand in the retail, deli and international channels,  and improved supply chain performance.”

In February 2021, the company entered into a definitive agreement to acquire the Planters snack nuts  business. The company expects to close the transaction in June of this year.

Mower County

Just Like Family

Mower County

Photos: Biking for a cause

Mower County

‘It’s been quite a ride’

Crime, Courts & Emergencies

Woman charged as accessory to shooting in southeast Austin

Crime, Courts & Emergencies

Convictions: July 11-17

Crime, Courts & Emergencies

Austin man charged with narcotic sales

Albert Lea

A. Lea man sentenced to 11 years in federal prison

Albert Lea

EAB Found in Freeborn County

Mower County

In Your Community: Hoeper honored for 20 years with KSMQ

Mower County

In Your Community: Keagan Larson to feature his book of poetry on Thursday

Mower County

Club News: Duplicate Bridge

Mower County

‘Regarding Broadway’ closing out CST summer season

News

Crane collapse causes power outage as temps reach mid-90s

Education

Education Briefs

Mower County

DNR fishing regulations now available in Hmong, Karen, Somali and Spanish

News

As smoke dissipates in Minnesota, health experts urge people to stay aware of air quality

Crime, Courts & Emergencies

Stolen vehicle recovered after police chase

News

Pelosi says ‘deadly serious’ Jan. 6 probe to go without GOP

Mower County

Mower County deputy recognized for “hat trick” DWI arrests

Mower County

Turning up the heat this weekend

News

Minnesota’s share of opioid settlement could top $300M

News

Pelosi bars Trump allies from Jan. 6 probe, GOP may boycott

Crime, Courts & Emergencies

First 50 of the 100 most-traveled days highlight ongoing traffic safety crisis

Mower County

Bike MS returning to Austin this weekend