Hormel turnaround plan off to solid start

MIAMI — Five months after unveiling a transformation and modernization plan focused on growing operating income by $250 million by 2026, Hormel Foods Corp.’s “all-hands-on-deck” approach is driving solid progress, company executives said during a March 13 presentation at the Bank of America Consumer and Retail Conference.Hormel is incorporating a three-part plan to achieve its $250 million operating income…