Austin, Minnesota-based Hormel Foods Corporation has second quarter gross profits of $553 million on record net sales of $3.1 billion. Second quarter net income is reported at $262 million. Second quarter sales of Jenny-O Turkey Store products is reported at $792 million, up 15 percent year-over-year. Hormel President and CEO Jim Snee says Hormel’s fiscal second quarter marks the sixth consecutive quarter of record sales.
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