date:Feb 25, 2013
xecutive officer, in a Feb. 21 call with financial analysts to discuss first-quarter earnings.
Profit for Hormels specialty foods increased 43% in the quarter, with strong performance from Hormel Health Labs products, private-label canned meat, savory ingredients, nutritional products and ready-to-drink products.
Gains in the grocery products unit were driven by Spam, Hormel Chili, Mary Kitchen hash and Herdez salsa. Hormel Compleats microwave meals increased during the quarter, aided by new c