Nut Duos resonating with younger consumers.

Hormel Ribbon Pepperoni follows the launch of Hormel Sliced Chorizo last year.

Company seeks to grow operating income by $250 million by 2026.

The company sees growth throughout its portfolio.

Steve Lykken succeeds Mark Coffey. 

Darren Carter succeeds Pat Schwab.

Trending flavors are driving condiment and sauce innovation.

Management calls fiscal 2024 ‘year of investment.’

New sauce is formulated from habanero peppers.

Schools and convenience stores seen as white space for some brands.