date:Feb 25, 2013
heesy pasta items.
The company hopes to boost its refrigerated foods business with the spring launch of Hormel REV snack wraps. The portable product includes eight varieties of meat and cheese combinations rolled in flatbread and can be consumed cold or microwaved.
To mitigate headwinds in the Jennie-O Turkey Store unit, Hormel is reducing harvest volumes and adjusting pricing.
The company also expects eventual gains from its Skippy business, acquired from Unilever in January.
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