date:Nov 26, 2014
d high prices for meat and soft sales, according to Hormel. Operating profits in the specialty foods segment dropped 14 percent on charges related to Hormel's acquisition of CytoSport.
Ettinger said Hormel has struggled in traditional canned-meat items such as Dinty Moore and Hormel Chili, describing the company's challenges as an up and down experience with microwave meals.
We are going to market with a little bit different tactics within that category in terms of tiered pricing and new offer