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Coronavirus / Turkey Production / Industry News & Trends
on May 22, 2020

Jennie-O Turkey Store improves profit, net sales, volume

Despite declining foodservice sales during second quarter, turkey company reports strong retail, whole bird and commodity sales

Jennie-O Turkey Store saw its profit increase 54% on a year-over-year basis for the second quarter of fiscal year 2020, while the Hormel Foods subsidiary’s volumes increased 19% and net sales rose 12%.

For the quarter, the company reported a segment profit of $27.4 million, and net sales of $343.1…

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