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Hormel hopes snack wraps will REV sales
date:May 26, 2013
the REV snack wrap rollout will establish the foundation for a beneficial new product platform for the Refrigerated Foods group, Mr. Ettinger said.

During the second quarter of fiscal 2013, ended April 28, Hormels Refrigerated Foods segment had operating profit of $54,680,000, up 3% from $53,009,000 during the same quarter of the previous year. The segment had sales of $1,011,370,000, down 2% from $1,031,975,000.

Mr. Ettinger said the decline in the business units sales was attributable to the

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