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HORMEL FOODS CORPORATION

(HRL)
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Hormel Foods : Treat Yourself to Bacon-Scented Wrapping Paper This Year

11/23/2021 EST

This isn't the hottest take out there, but everything tastes better wrapped in bacon. And although the salty meat strips are more expensive now than ever, bacon is still a popular meat. This holiday season, Hormel Foods wants to prove bacon can even compliment all of your gifts for the holidays. The food company has dropped Black Label Bacon Wrapping Paper, so all your presents will be gift wrapped with a meaty flair.

The limited-edition wrapping paper features a decorative bacon weave pattern, and the mouth-watering scent of bacon is embedded in each sheet. But that's not all. Fans must register for a chance to win the limited-edition wrapping paper, and for every completed entry to win, Hormel Foods will donate $1 to the Salvation Army's Angel Tree program, up to $10,000.

To help launch Hormel Black Label Bacon Wrapping Paper, rapper and cookbook author Coolio jumped aboard the bacon train to give fans tips on wrapping with bacon wrapping paper. In a three-minute video, the award-winning musician also told fans how to make a Hormel Black Label Bacon-wrapped Turkey Breast.

Believe it or not, Hormel Black Label Bacon Wrapping Paper is not the first bacon-themed product Hormel has created. In 2020, the food company dropped its Breathable Bacon face mask, and before that, the company introduced the Black Market, a bacon-themed multi-sensory virtual reality experience. To enter to win your bacon wrapping paper, register on Hormel's website. Applications will close on November 26, 2021.

Disclaimer

Hormel Foods Corporation published this content on 23 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 December 2021 16:10:01 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2022 12 191 M - -
Net income 2022 1 085 M - -
Net Debt 2022 2 436 M - -
P/E ratio 2022 24,8x
Yield 2022 2,11%
Capitalization 26 667 M 26 667 M -
EV / Sales 2022 2,39x
EV / Sales 2023 2,30x
Nbr of Employees 20 000
Free-Float -
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Technical analysis trends HORMEL FOODS CORPORATION
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Mean consensus HOLD
Number of Analysts 13
Last Close Price 49,15 $
Average target price 45,80 $
Spread / Average Target -6,82%
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Managers and Directors
James P. Snee Chairman, President & Chief Executive Officer
Jacinth C. Smiley Chief Financial Officer & Executive Vice President
Kevin L. Myers Senior Vice President-Research & Development
Pierre Lilly Chief Compliance Officer & Senior Vice President
Elsa A. Murano Independent Director
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