Hormel Foods stock after-hours at EUR 17.93: plus 0.73 percent versus prior close
Published on 10/02/2026 at 22:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Hormel Foods stock was at EUR 17.93 after-hours at 10:56 p.m. CEST on October 2, 2026, according to Lang & Schwarz. That was a gain of plus 0.73 percent versus the prior close at Lang & Schwarz.
Hormel Foods stock after the Xetra close
The prior close at Lang & Schwarz was EUR 17.80 on October 1, 2026. The latest indication was EUR 0.13 above that reference level. The further course of after-hours trading at Lang & Schwarz until 11:00 p.m. CET/CEST is shown by the continuously updated real-time quote of Hormel Foods stock.
Brakebush acquisition announced
Hormel Foods Corporation announced on September 30, 2026, that it had entered into a definitive agreement to acquire Brakebush Brothers, LLC, a value-added chicken company, from the Brakebush family. The purchase price is approximately $1.055 billion, and closing is expected during the first quarter of Hormel Foods’ fiscal 2027, subject to customary closing conditions including regulatory approval, according to the Hormel Foods release.
The company said Brakebush generated approximately $1.2 billion in net sales over the last 12 months and operates five production facilities and two research and development labs. Hormel Foods expects to report the acquired operations primarily in its Foodservice segment and expects the transaction to be accretive to adjusted earnings per share beginning in fiscal 2028. The SEC filing states that the agreement covers all outstanding membership interests of Brakebush and provides for a base cash purchase price of $1.055 billion, subject to customary adjustments.
