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A Comprehensive Guide. Hormel Foods Corp. It operates through the following segments: Retail, Foodservice, and International. The Retail segment consists of the processing, marketing, and sale of food products sold predominantly in the retail market. The Foodservice segment includes the processing, marketing, and sale of food and nutritional products for foodservice, convenience store, and commercial customers. The International segment focuses on processing, marketing, and selling company products internationally. The company was founded by George A.

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Shares in Hormel Foods had their biggest single-day jump in at least 15 years on Thursday, as investors went nuts over improved sales of Planters, Skippy and other brands. The Austin, Minn. The company also expects more volume sales growth over the rest of the year. Consumers had recently been buying less food from Hormel and other brands in the face of price increases, but the volume growth — industry parlance for improved unit sales — was a welcome sign the company is offering shoppers the right deals. Hormel is tinkering with promotions "to really get the right price for the consumer," said Deana Brady, the company's head of retail. Hormel's stock rose

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Hormel will reinvigorate Planters to regain the market share it hemorrhaged under previous ownership with its staunch focus on brand spending, boosting its ability to compete in the snack category.

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