Hormel Foods Corp /DE/ — Company Profile
Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items. Its extensive clientele spans retail outlets, institutional food providers (foodservice), specialty delis, and various commercial enterprises across the United States and internationally. The company's operations are strategically structured into four main divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Hormel's product portfolio is broad, encompassing numerous perishable goods such as fresh meats, frozen food selections, convenient refrigerated meal options, a variety of sausages, hams, guacamole, and bacon. Additionally, it offers a wide range of non-perishable items, including canned luncheon meats, various nut butters, snack nuts, chili, microwave-ready meals, hashes, stews, tortillas, salsas, and tortilla chips. Beyond these offerings, Hormel Foods is also actively involved in the processing, promotion, and distribution of both branded and unbranded products derived from pork, beef, poultry, and turkey. The company further supplies nutritional food items and supplements, dessert and beverage mixes, and industrial-grade gelatin. Its extensive product line is marketed under numerous widely recognized brand names, including SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Wholly, Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts. These products reach consumers through a multi-channel distribution network, utilizing internal sales teams, independent brokers, and various distributors. Founded in 1891 as Geo. A. Hormel & Company, the organization was officially rebranded as Hormel Foods Corporation in January 1995. Its corporate headquarters are located in Austin, Minnesota.
- Sector
- Consumer Staples
- Industry
- Food Products
- Exchange
- UN
- CEO
- Jeffrey Ettinger
- Headquarters
- Austin, MN, US
- IPO Date
- Mar 17, 1980
- Employees
- 20,000
- Website
- www.hormelfoods.com
Key Metrics
- Price
- $20.25
- Market Cap
- $11.14B
- Revenue (TTM)
- $2.96B
- Net Income (TTM)
- $59.64M
- EPS (TTM)
- 0.10
- P/E (TTM)
- 32.52
- P/B (TTM)
- 1.04
- Dividend Yield
- 5.03%
- ROE (TTM)
- 0.55%
- ROA (TTM)
- 0.45%
- Operating Margin
- 3.75%
- Beta
- -0.02
Dividends
- Last Dividend
- $0.29
- Last Yield
- 0.05%
Summary
Hormel Foods Corporation is a prominent global food company that specializes in the creation, preparation, and supply of a diverse array of meat, nut, and other culinary items. Its extensive clientele spans retail outlets, institutional food providers (foodservice), specialty delis, and various commercial enterprises across the United States and internationally. The company's operations are strategically structured into four main divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Hormel's product portfolio is broad, encompassing numerous perishable goods such as fresh meats, frozen food selections, convenient refrigerated meal options, a variety of sausages, hams, guacamole, and bacon. Additionally, it offers a wide range of non-perishable items, including canned luncheon meats, various nut butters, snack nuts, chili, microwave-ready meals, hashes, stews, tortillas, salsas, and tortilla chips. Beyond these offerings, Hormel Foods is also actively involved in the processing, promotion, and distribution of both branded and unbranded products derived from pork, beef, poultry, and turkey. The company further supplies nutritional food items and supplements, dessert and beverage mixes, and industrial-grade gelatin. Its extensive product line is marketed under numerous widely recognized brand names, including SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Wholly, Planters, NUT-rition, Planters Cheez Balls, and Corn Nuts. These products reach consumers through a multi-channel distribution network, utilizing internal sales teams, independent brokers, and various distributors. Founded in 1891 as Geo. A. Hormel & Company, the organization was officially rebranded as Hormel Foods Corporation in January 1995. Its corporate headquarters are located in Austin, Minnesota.
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- … ompany CPB Church & Dwight Co., Inc. CHD Colgate-Palmolive Company CL Conagra Brands, Inc. CAG Edgewell Personal Care Company EPC The Estée Lauder Companies Inc. EL General Mills, Inc. GIS The Hershey Company HSY <strong>Hormel Foods Corporation</strong> HRL The J.M. Smucker Company SJM Kellanova K Keurig Dr Pepper Inc. KDP McCormick & Company, Inc. MKC Newell Brands Inc. NWL Post Holdings, Inc. POST Reynolds Consumer Products Inc. REYN S.C. Johnson & Son Inc. (p …CLOROX CO /DE/Hormel Foods Corp /DE/·DEF 14A - Definitive proxy statement·Q2 27·7 Oct
- … Biography •Chief Financial Officer of North American Stainless, the largest fully integrated stainless steel producer in the United States, since July 2026 •Executive Vice President and Chief Financial Officer of <strong>Hormel Foods Corporation</strong>, a global branded food company, from January 2022 to July 2026 •Group Vice President, Corporate Strategy of Hormel Foods from April 2021 to December 2021 •Vice President and Chief Accounting Officer of LyondellBa …DONALDSON Co INCHormel Foods Corp /DE/·DEF 14A - Definitive proxy statement·Q1 27·6 Oct
- … esponsible for employee relations, talent acquisition, talent management, and other Human Resources functions for the multinational food, snack, and beverage company. Additionally, Mr. Banwart spent more than 11 years at <strong>Hormel Foods</strong>, where he held multiple roles in human resources and operations. Mr. Banwart earned his MBA from the University of Dubuque and his BA in Finance from the University of Iowa at the Henry B. Tippie College of Business.FERRELLGAS FINANCE CORPHormel Foods Corp /DE/·10-K - Annual report FY 2026·FY26·25 Sep
- … professional judgment, considered generally relevant for purposes of its analysis, which are collectively referred to as the “selected companies”: Branded Protein and Foodservice • Conagra Brands, Inc. • <strong>Hormel Foods Corporation</strong> • J&J Snack Foods Corp. • Lamb Weston Holdings, Inc. • Premium Brands Holdings Corporation • Smithfield Foods, Inc. • Tyson Foods, Inc. Small-Cap QSR and Casual Restaurant • Dine Br …NATHANS FAMOUS, INC.Hormel Foods Corp /DE/·DEFM14A - Definitive proxy statement (merger)·Q2 27·24 Sep
- … rous other companies offering branded and private brand products in the snack food industry, some of whom are substantially larger and have greater resources than us. In the nut industry, we compete with, among others, <strong>Hormel Foods</strong> Corp. (Planters brand), Diamond brand and numerous regional snack food processors. In the bar industry, we compete with, among others, General Mills (Nature Valley brand), PepsiCo, Inc. (Quaker brand), Mondelez (CLIF b …SANFILIPPO JOHN B & SON INCHormel Foods Corp /DE/·ARS - Annual report to security holders·FY26·17 Sep
- … rous other companies offering branded and private brand products in the snack food industry, some of whom are substantially larger and have greater resources than us. In the nut industry, we compete with, among others, <strong>Hormel Foods</strong> Corp. (Planters brand), Diamond brand and numerous regional snack food processors. In the bar industry, we compete with, among others, General Mills (Nature Valley brand), PepsiCo, Inc. (Quaker brand), Mondelez (CLIF b …SANFILIPPO JOHN B & SON INCHormel Foods Corp /DE/·10-K - Annual report FY 2026·FY26·19 Aug
