Hormel performance lauded
An investment firm lauds Hormel for its performance.
Hormel Foods Recognized for Outstanding Shareholder Value Hormel Foods Corporation has been recognized for its operating performance, which has resulted in enhanced shareholder value for the multinational marketer of consumer-branded meat and food products.
DeMarche Associates Inc., one of the nation’s leading investment research and financial consulting firms, selected Hormel Foods for two of its prestigious listings. The company was named to the "America’s Best 100 Companies" listing for 2004 and the "America’s 100 Most-Improved Companies" list for the three-year period, which ended Dec. 31, 2004.
Each listing acknowledges the company’s achievement for outstanding performance, placing Hormel Foods in the top 3 percent of all major corporations in the United States. The recognition also notes the successful management of growth and risk factors to attain consistency in shareholder value.
The Best 100 Companies recognition program was established by DeMarche Associates three years ago. The financial investment is based in Kansas City, Mo.