Chi-Chi's restaurant chain returning in 2025, first stores opening in Minnesota [Yahoo! Finance]
Hormel Foods Corporation (HRL)
Last hormel foods corporation earnings: 2/20 06:30 am
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Source: Yahoo! Finance
According to a press release on Tuesday, Chi-Chi's restaurants are planning to reopen in 2025, under the leadership of Michael McDermott, son of co-founder Marno McDermott. While exact details are not yet known, Michael McDermott told FOX 9 in a statement the first two stores will open in Minnesota next year. "We are excited to see the immense outpour of support from fans, new and old, surrounding the news of CHI-CHI'S return. While we are currently in the early stages of planning by securing funding, we can say the first two stores will be opened in Minnesota in 2025. Our goal is to explore the original development path CHI-CHI'S took, through both company and franchised opportunities within the Midwest and East Coast," said Michael McDermott. The popular Mexican restaurant started in Minnesota in 1975 by former Green Bay Packers player Max McGee and restaurateur Marno McDermott. The chain expanded to more than 200 locations across the United States, but it closed in 2004 foll
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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