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Hormel Foods to buy Brakebush Holdings
Hormel Foods Corp has agreed to acquire Brakebush Holdings, Inc. The transaction is valued at approximately $395.7 million, excluding closing adjustments. Hormel aims to expand its presence in the beef jerky market.
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Hormel Foods Reports Q2 FY2026 EPS of $0.29, Raises Full-Year Guidance
Hormel Foods delivered strong second quarter results with organic net sales growth of 3% and adjusted EPS of $0.40, marking the sixth consecutive quarter of organic top-line growth. The company completed the sale of its whole-bird turkey business and updated full-year guidance, reaffirming adjusted …
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