Hormel Foods Corp - Company Profile

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Hormel Foods Corp: Overview

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Hormel Foods Corp (Hormel Foods) is a manufacturer and distributor of meat and food products. The company’s product portfolio comprises fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole, and bacon. It also provides canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, flour and corn tortillas, salsas, peanut butter, nutritional food products and supplements, dessert, and drink mixes, and industrial gelatin products. The company markets its products under Always Tender, Hormel, Applegate, Austin Blues, Bacon 1, Black Label, Bread Ready, Cafe H, Chi-Chi’s, and Valley Fresh brand names. It has business presence in Australia, Brazil, Canada, China, England, Japan, Mexico, Micronesia, the Philippines, Singapore, and South Korea. Hormel Foods is headquartered in Austin, Minnesota, the US.

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Headquarters United States of America
Address 1 Hormel Place, Austin, Minnesota, 55912-3680
Website www.hormelfoods.com
Telephone 1 507 4375611
No of Employees 20,000
Industry Consumer Packaged Goods
Ticker Symbol & Exchange HRL (NYSE)
Revenue (2023) $12.1B -2.8% (2023 vs 2022)
EPS XYZ
Net Income (2023) XYZ -20.6% (2023 vs 2022)
Market Cap* $18.6B
Net Profit Margin (2023) XYZ -18.4% (2023 vs 2022)
* As of and is in US$
View Hormel Foods Corp financials
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Hormel Foods Corp premium industry data and analytics

650+

Consumer Market Data Insights

Gain insights from product sales across markets, product categories and channels. Get intelligence on market shares, retail sales footprint, market position and strength for consumer segments and geographies.

220+

Online Price Intelligence

Monitor online prices for products from Hormel Foods Corp with insights on price dynamics across product categories and countries.

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Product Launch Analytics

Analyze latest product launches for innovation and product strategies.

1

IT Services Contracts

Improve competitive bidding with insights into all publicly disclosed IT services contracts for Hormel Foods Corp (including IT outsourcing, business process outsourcing, systems integration & consulting and more).

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Hormel Foods Corp’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Brands
Fresh Meats Hormel
Frozen Items Always Tender
Refrigerated Meal Solutions Applegate
XYZ XYZ
XYZ XYZ
XYZ XYZ
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 New Products/Services In March, the company unveiled a new packaging design for its Natural Choice brand.
2023 New Products/Services In November, Spam launched a bitesize format, the “UK’s first” frozen Spam snack.
2023 New Products/Services In September, Hormel Foodservice launched Cure 81 Pumpkin Spice Ham for a limited time.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters Hormel Foods Corp Tyson Foods Inc WH Group Ltd General Mills Inc Conagra Brands Inc
Headquarters United States of America United States of America Hong Kong United States of America United States of America
City Austin Springdale Hong Kong Minneapolis Chicago
State/Province Minnesota Arkansas - Minnesota Illinois
No. of Employees 20,000 139,000 101,000 34,000 18,600
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
James P. Snee Chairman; Chief Executive Officer; President Executive Board 2015 55
Jacinth C. Smiley Chief Financial Officer; Executive Vice President Senior Management 2022 54
Wendy A. Watkins Chief Communications Officer; Senior Vice President Senior Management 2021 56
Katie Clark Chief Communications Officer; Senior Vice President Senior Management 2024 -
Pierre Lilly Chief Compliance Officer; Senior Vice President Senior Management 2020 51
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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