Hormel Foods announces clean label goals

• Hormel Foods (NYSE:HRL) announces a new clean label initiative which will include the removal and replacement of some ingredients.
• The company sets a goal to reduce the level of sodium in certain branded products by 15%. More details on the program will be released as part of Hormel's corporate responsibility report in June of 2016.
• Hormel closed at $40.63 yesterday vs. a 52-week trading range of $27.08 to $45.72.
• Now read Hormel Food Corporation: Where's The Beef? A Total Return Growth Company