Increase SPAM production capacity
Delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 2 Mar 2023
- Due
- 29 Apr 2023
- Delivered
- by 29 Apr 2023
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“expect additional SPAM® capacity beginning in the second quarter.”
What we found
Evidence strength A What the grades mean
Hormel Foods confirmed that capital expenditures for the SPAM family of products capacity expansion were ongoing during the first half of fiscal 2023, which includes the second quarter.
-
A Hormel Foods 10-Q filed 2023-06-01
“The largest spend in both years was related to capacity expansion for pepperoni and the SPAM® family of products.” ✓ confirmed on the page
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A Hormel Foods 10-K filed 2023-12-06
“The largest projects for fiscal 2023 included a new production line for the SPAM® family of products in Dubuque, Iowa” ✓ confirmed on the page
Market reaction: the shares moved +3.8% against the S&P 500 over the three sessions around the disclosure (31 May 2023 to 5 Jun 2023). What this measures
Checked 18 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Capacity change
- Indicative materiality
- Medium rules
- Action
- Increase
- Deliverable
- SPAM production capacity
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: disagreesClaude (Anthropic) re-read the evidence blind and read it as “no_evidence”.
- Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the second check.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2023-HRL-014148 · Corrections policy