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Hormel Foods Corp (NYSE:HRL)

38.24
BATS BZX Real-Time Price
As of 2:45pm ET
 +0.32 / +0.84%
Today’s Change
29.67
Today|||52-Week Range
45.72
-3.29%
Year-to-Date
SECTOR
Consumer Non-Durables
INDUSTRY
Food: Meat/Fish/Dairy
MARKET CAP
$20.1B

Company Description

Hormel Foods Corp. engages in the production of meat and food products. The company markets its products through its subsidiary, Hormel Foods International Corp. It operates business through five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. The Grocery Products segment consists primarily of the processing, marketing, and sale of shelf-stable food products sold in the retail market. The Refrigerated Foods segment involves in the processing, marketing, and sale of branded and unbranded pork and beef products for retail, foodservice and fresh product customers. The Jennie-O Turkey Store segment include fresh ground turkey, rotisserie deli turkey products, nacho platters, turkey bacon, turkey burgers and other turkey products to consumers and foodservice operators. The Specialty Foods segment includes Omega-3 fish oils, stocks and broths, pasteurized processed cheeses and imitation blends, milk and whey proteins, dry milk powders, caseinates and isolates, meat ingredients, gelatin desserts, puddings, drinks, seasoning oils, sauces, and specialty fats. The International & Other segment includes the Hormel Foods International operating segment, which manufactures, markets, and sells company products internationally. Hormel Foods was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.

Contact Information

Hormel Foods Corp.
1 Hormel Place
Austin Minnesota 55912-3680
P:(507) 437-5611
Investor Relations:
(507) 437-5248

Employees

Shareholders

Individual stakeholders50.13%
Mutual fund holders18.29%
Other institutional18.24%

Top Executives

Jeffrey M. EttingerChairman & Chief Executive Officer
James P. SneePresident & Director
Michael GuanellaChief Operating Officer
Jody H. FeragenChief Financial Officer, Director & Executive VP
Mark D. VaupelVice President-Information Technology Services