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Hormel Foods Announces Corporate Restructuring Plan

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Hormel Foods Announces Corporate Restructuring Plan

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The latest update is out from Hormel Foods ( (HRL) ).

On November 4, 2025, Hormel Foods Corporation announced a corporate restructuring plan aimed at reducing administrative expenses and aligning its workforce with future needs while continuing to invest in growth. The plan involves a voluntary early retirement program, closing open roles, and reducing certain positions, affecting approximately 250 corporate and sales roles by the end of 2025. The restructuring is expected to incur charges of $20 million to $25 million, mainly related to pension benefits and severance payments, with most costs occurring in late 2025 and early 2026. This move is part of Hormel Foods’ strategy to balance cost discipline with reinvestment in critical areas like technology and innovation, ensuring competitiveness and responsiveness to consumer needs.

The most recent analyst rating on (HRL) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on Hormel Foods stock, see the HRL Stock Forecast page.

Spark’s Take on HRL Stock

According to Spark, TipRanks’ AI Analyst, HRL is a Neutral.

Hormel Foods’ overall stock score is driven by stable financial performance and a fair valuation with a strong dividend yield. However, technical indicators suggest bearish momentum, and the earnings call indicates ongoing profitability challenges due to commodity cost pressures. The company’s strategic initiatives offer potential for future growth, but near-term risks remain.

To see Spark’s full report on HRL stock, click here.

More about Hormel Foods

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue. Its portfolio includes well-known brands such as PLANTERS®, SKIPPY®, SPAM®, and more than 30 others. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, and it has been recognized for its corporate responsibility and community service efforts.

Average Trading Volume: 4,496,611

Technical Sentiment Signal: Sell

Current Market Cap: $11.81B

For a thorough assessment of HRL stock, go to TipRanks’ Stock Analysis page.

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