Hormel Foods is reshaping its portfolio with a strategic divestiture to boost profitability and focus on value-added protein offerings.
Hormel Foods Corporation (HRL) Presents at Consumer Analyst Group of New York Conference 2026 Prepared Remarks Transcript
HRL posts Q1 prelim sales of $3 billion with 2% organic growth and reaffirms fiscal 2026 outlook as it advances protein-focused strategy.
| Food Products Industry | Consumer Staples Sector | Mr. Jeffrey M. Ettinger CEO | NYSE Exchange | 440452100 CUSIP |
| BR Country | 20,000 Employees | 17 Feb 2026 Last Dividend | 10 Feb 2016 Last Split | 2 Jan 1990 IPO Date |
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.
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.
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.