Chi-Chi's plans new restaurants more than 20 years after its bankruptcy [Yahoo! Finance Canada]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: Yahoo! Finance Canada
The locations would be the first since Chi-Chi's filed for bankruptcy protection in 2003. Michael McDermott, the son of Chi-Chi's founder, said he struck an agreement with Hormel Foods to open the restaurants. Austin, Minnesota-based Hormel owns the Chi-Chi's trademark and produces Chi-Chi's-branded chips and salsas "The Chi-Chi's brand is one of the most beloved, respected, and well-known names in the Mexican food category," Hormel said Thursday in a statement. “The legacy and spirit of the brand remain strong, and we're excited about the upcoming relaunch of Chi-Chi's restaurant locations.” McDermott, a restauranteur who also founded Kona Grill and Rojo Mexican Grill, didn't say how many locations he planned to open or where. McDermott said the restaurants would be an updated version of the classic Chi-Chi's. “We have seen the impact our restaurant has had on individuals and families across the country and believe there is a strong opportunity to bring the brand back in a wa
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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