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HORMEL FOODS CORPORATION

(HRL)
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The Makers of the LA VICTORIA« Brand Launch New Innovative Enchilada Sauces

10/26/2021 | 06:08pm EST

"What excites us about innovating with our LA VICTORIA® brand is being able to help people get creative with their favorite home-cooked dishes. This new line of enchilada sauces feeds into that desire," said Diana DeLoza, director of marketing for the LA VICTORIA® brand. "Our new enchilada sauces allow people to unlock their creativity in the kitchen by revamping favorite recipes in tasty new ways that the entire family will enjoy."

No matter which flavor piques the interest of your tastebuds, everyone will have a chance to elevate homemade enchiladas and other classic comfort foods in unexpected ways with these new enchilada varieties:

LA VICTORIA® Creamy Green Chile Enchilada Sauce-Roasted poblano green chiles and tomatillos meld together to create this cream-based sauce that's inspired by traditional enchiladas suizas.
LA VICTORIA® Creamy Tomatillo Lime Enchilada Sauce-This unique sauce provides a tangy, zesty flavor from the combination of tomatillos, limes and jalapenos.
LA VICTORIA® Al Pastor Enchilada Sauce-Inspired by traditional al pastor street tacos, this sauce blends red Anaheim chiles and Guajillo chiles with hints of citrus and pineapple for the perfect balance of sweet and spicy.
LA VICTORIA® Creamy Roasted Garlic Enchilada Sauce-Sure to please garlic lovers everywhere, this creamy sauce features a blend of roasted garlic, poblano peppers and caramelized onions.

Inspiring consumers to explore new ways to experience Mexican flavors at home, the new LA VICTORIA® Enchilada Sauces (MSRP $3.99 to $5.79) are now available at Walmart locations in the western U.S. and will be coming soon to additional retailers.

For more information and recipes, visit LA VICTORIA® products at www.salsas.com/la-victoria or follow the brand on Instagram, Facebook, Twitter and/or Pinterest.

Disclaimer

Hormel Foods Corporation published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 22:07:00 UTC.


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Sales 2021 11 199 M - -
Net income 2021 917 M - -
Net Debt 2021 2 800 M - -
P/E ratio 2021 25,5x
Yield 2021 2,30%
Capitalization 23 053 M 23 053 M -
EV / Sales 2021 2,31x
EV / Sales 2022 2,12x
Nbr of Employees 20 000
Free-Float 52,4%
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Mean consensus HOLD
Number of Analysts 13
Last Close Price 42,49 $
Average target price 44,55 $
Spread / Average Target 4,85%
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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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