Tuesday, MegaMex Foods, founded by Herdez del Fuerte and Hormel Foods Corporation (HRL), announced the launch of the HERDEZ Asada line, bringing the vibrant flavors of traditional Mexican grilling to American homes.
Available exclusively at Walmart, this new line of marinades, taco seasonings, and Mexican-style BBQ sauces is priced under $4. It introduces bold, global flavor profiles that go beyond standard grocery aisle options to create a delicious and memorable meal.
"We wanted to capture the soul of the Mexican grill and make it accessible for the way people actually cook today," said Diana De Loza, senior director of retail marketing at MegaMex.
In the pre-market hours, HRL is trading at $21.69, up 0.98 percent on the New York Stock Exchange.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.