Hormel Foods Corp logo

Hormel Foods Corp HRL

Market Closed
21 Jun, 20:00
NYSE NYSE
$
30. 64
+0.16
+0.52%
After Hours
$
30. 74
+0.1 +0.33%
16.36B Market Cap
21.43 P/E Ratio
1.13% Div Yield
3,818,400 Volume
1.62 Eps
$ 30.48
Previous Close
Day Range
30.4 30.84
Year Range
28.51 41.73

HRL Chart

Hormel Foods Corp Profile

Packaged Foods Industry
Consumer Defensive Sector
Mr. James P. Snee CEO
NYSE Exchange
US4404521001 ISIN
United States Country
20,000 Employees
- Last Dividend
16 Feb 2000 Last Split
2 Jan 1990 IPO Date

Overview

Hormel Foods Corporation, a major player in the food processing and distribution industry, specializes in offering a wide range of meat, nuts, and other food products to an expansive customer base that includes retail, foodservice, deli, and commercial sectors both within the United States and globally. With operations strategically divided into three key segments: Retail, Foodservice, and International, the company is dedicated to catering to the diverse demands of its clientele by providing high-quality, perishable, and shelf-stable food products. Originally established as Geo. A. Hormel & Company in 1891, the organization underwent a rebranding to Hormel Foods Corporation in January 1995, signaling a broadened focus and commitment to innovation in food products. With its headquarters in Austin, Minnesota, Hormel Foods has cultivated a longstanding reputation for excellence, built over more than a century in the industry.

Products and Services

Hormel Foods Corporation offers an extensive portfolio of products across its operations, categorized into perishable and shelf-stable products. Each category encompasses a range of items aimed at meeting the versatile needs of its targeted markets.

  • Perishable Products: This category includes fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons. These products are tailored to offer freshness and quality, catering to the immediate consumption needs of consumers.
  • Shelf-Stable Products: Comprising canned luncheon meats, nut butters, snack nuts, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements among others. These items are designed for longer shelf life without sacrificing taste or nutritional value, providing convenient meal solutions for consumers on the go.

These diverse product offerings are sold under a myriad of well-known and trusted brands such as HORMEL, ALWAYS TENDER, APPLEGATE, BACON 1, BLACK LABEL, and SKIPPY, to mention a few. Sales are facilitated through a combination of sales personnel, independent brokers, and distributors, ensuring a broad market reach both in the United States and internationally. This vast range of products and brands underscores Hormel Foods Corporation's commitment to diversity in its offerings, ensuring there is something for every market segment it serves.

Contact Information

Address: 1 Hormel Place
Phone: 507 437 5611