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Tag: Hormel Foods Corp

At least 150 companies have warned investors

David Paul Morris | Bloomberg | Getty Images About 150 publicly traded companies have warned investors of the threat COVID-19 poses, with several anticipating they’ll miss guidance for the March quarter.  The new coronavirus was first discovered in December in China. At first, several companies had to suspend their supply chains or temporarily close brick-and-mortar …

At least 150 companies have warned investorsRead More

An unintended consequence of meatless burger boom: Vegans lives got easier

Plant-based burgers weren’t created with vegans and vegetarians in mind. But they’re cheering for the trend anyway. In the United States, the percentage of vegans and vegetarians has remained relatively stagnant over the last 30 years, according to Gallup. A 2018 poll from the firm found that 5% of Americans identify as vegetarians and 3% …

An unintended consequence of meatless burger boom: Vegans lives got easierRead More

Plant-based meat line went to market in just two months

Jim Snee, CEO, Hormel Source: CNBC In an attempt to quickly jump onto the plant-based meat craze, Hormel’s new brand went to market in just two months, after being spurned by an original partner, its CEO said Thursday. “[Plant-based proteins] was a trend that we saw coming,” CEO Jim Snee said in an interview with …

Plant-based meat line went to market in just two monthsRead More