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Company Profile

  • Business description

    Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 70% of fiscal 2023 sales were from perishable food and 30% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.

  • Contact

    1 Hormel Place
    Austin MN 55912-3680
    USA

    T: +1 507 437-5611

    E: ir@hormel.com

    https://www.hormelfoods.com

  • Sector

    Consumer Defensive

    Stock type

    Defensive

  • Industry

    Packaged Foods

    Fiscal Year End

    31 October 2024

    Employees

    20,000

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