HRL 📈 Hormel Foods - Overview

Hormel Foods Corporation is a multinational food processing company that develops, processes, and distributes a wide range of meat, nuts, and other food products to various customers globally. The company's operations are divided into three main segments: Retail, Foodservice, and International, each catering to distinct markets and customer needs. Its product portfolio includes a diverse array of perishable and shelf-stable items, such as fresh meats, frozen foods, refrigerated meal solutions, sausages, hams, guacamoles, bacons, canned luncheon meats, nut butters, snack nuts, and numerous other specialty products.

The company's products are sold under a multitude of brands, including HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, and many others, totaling over 30 brands in its portfolio. These brands are distributed through various channels, including sales personnel, independent brokers, and distributors, allowing the company to reach a broad customer base across the United States and internationally. By leveraging its extensive brand portfolio and distribution network, Hormel Foods Corporation is able to provide a wide range of products to retail, foodservice, deli, and commercial customers, making it a significant player in the global food industry.

With a history dating back to 1891, Hormel Foods Corporation has evolved significantly over the years, adapting to changing consumer preferences and market trends. The company was formerly known as Geo. A. Hormel & Company and underwent a name change to Hormel Foods Corporation in January 1995. Headquartered in Austin, Minnesota, the company has established itself as a leading manufacturer of packaged foods and meats, with a strong presence in the global market. Its commitment to quality, innovation, and customer satisfaction has enabled Hormel Foods Corporation to maintain a competitive edge in the industry, with its products being consumed by millions of people worldwide.

As a publicly traded company listed on the New York Stock Exchange (NYSE) under the ticker symbol HRL, Hormel Foods Corporation is subject to the scrutiny of investors and regulatory bodies. With a web presence at https://www.hormelfoods.com, the company provides stakeholders with access to information about its operations, financial performance, and corporate governance. Its common stock is classified under the GICS Sub Industry: Packaged Foods & Meats, and its ISIN is US4404521001, making it a key player in the packaged foods and meats sector.