Hormel Foods Corporation Leadership Change and Fourth Quarter Update

Hormel Foods Corporation announced the departure of Jacinth Smiley as Executive Vice President and Chief Financial Officer, effective October 26, 2025. Paul Kuehneman was appointed as Interim Chief Financial Officer and Controller, effective October 27, 2025. The company also provided an update on its fiscal 2025 fourth quarter, anticipating strong top-line results despite challenges such as inflation, avian influenza, and a fire at a production facility. The company expects net sales growth toward the top end of its guidance range but adjusted earnings per share to be slightly below prior expectations. Hormel Foods remains focused on mitigating these challenges through productivity initiatives and strategic pricing actions.