Chi-Chi's Announces Plans to Reopen Restaurants 20 Years After the Chain Closed All Locations [Yahoo! Finance]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: Yahoo! Finance
Michael McDermott, the founder's son, has signed an agreement with Hormel Foods to revive the brand, promising an updated dining experience with the same great taste and Mexican flavor. The chain had over 200 locations before its closure, which was attributed to a series of ownership changes and a hepatitis A outbreak in 2003. Despite the closure, the brand has continued to sell packaged salsas, tortilla chips, and other products in supermarkets, which will remain available as the restaurants reopen. AP Photo/Gene J. Puskar Chi-Chi's is making a comeback. The Mexican restaurant chain had more than 200 locations before closing its last restaurant's doors in 2004. On Tuesday, Dec. 3, news broke that the founder's son is leading the charge to reopen Chi-Chi's locations in 2025. A Chi-Chi's source confirmed to PEOPLE that they will open two restaurants in Minnesota in 2025. Michael McDermott, whose father Marno McDermott opened Chi-Chi's in 1975 with Green Bay Packers alum Max M
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HRL
News
- Hormel Foods (NYSE:HRL) Has Announced That It Will Be Increasing Its Dividend To $0.29 [Yahoo! Finance]Yahoo! Finance
- Hormel Foods Announces Appointment of Mike Clausman as Vice President, Deputy General Counsel and Assistant Secretary [Yahoo! Finance]Yahoo! Finance
- Hormel Foods Announces Appointment of Mike Clausman as Vice President, Deputy General Counsel and Assistant SecretaryPR Newswire
- Chi-Chi's Is Coming Back, But Can It Find A Seat At Today's Table? [Forbes]Forbes
- Chi-Chi’s, Former Mexican Restaurant Chain, Plans a Comeback [The New York Times]The New York Times
HRL
Earnings
- 12/4/24 - Miss
HRL
Sec Filings
- 12/18/24 - Form PX14A6G
- 12/18/24 - Form ARS
- 12/18/24 - Form DEFA14A
- HRL's page on the SEC website