Hormel Foods

HRL · NYSE

$20.51+$0.16 (+0.79%)TodayMarket closed ·
Prev close $20.35

About HRL

Hormel Foods Corp. engages in the manufacturing and marketing of branded food products. The company is headquartered in Austin, Minnesota and currently employs 20,000 full-time employees. The firm develops, processes, and distributes a range of food products in a variety of markets. Its segments include Retail, Foodservice, and International. The Retail segment is primarily engaged in the processing, marketing, and sale of food products sold predominantly in the retail market. This segment also includes the Company’s MegaMex Foods, LLC joint venture. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to foodservice, convenience store, and commercial customers located in the United States. The International segment processes, markets, and sells its products internationally. This segment also includes the results from the Company’s international joint ventures, international equity method investments, and international royalty arrangements. The company has a global presence within several major international markets, including Australia, Brazil, Canada, China, and England.

Employees
20,000
Headquarters
Austin, Minnesota
Listed
Jan 16, 1990
Sector
Consumer Staples
Industry
Food Products

Leadership

Hormel Foods executives
NameTitleSince
James Snee—2008
John Ghingo—2024
Jeffrey Ettinger—1998
Jacinth Smiley——
Pierre Lilly——
Colleen Batcheler——
Katherine Losness-Larson——
Mary Clark——
Paul Kuehneman——
Christie Crouch——
Paul Peil——
Mike Clausman——
D. Scott Aakre—2005
Kevin Myers——
Swen Neufeldt——
Christopher Policinski——
Gary Bhojwani——
Stephen Lacy——
Elsa Murano——
William Newlands——
Debbra Schoneman——
Sally Smith——
Steven White——
Michael Zechmeister——
Jess Blomberg—2024

Revenue by product and region

Fiscal year ended Oct 28, 2018: $9.55B total revenue

By product

  • Refrigerated Foods$4.78B50.1%
  • Refrigerated Foods$4.77B50.0%
  • Grocery Products$2.52B26.4%
  • Grocery Products$2.52B26.4%
  • Jennie-O Turkey Store$1.74B18.2%
  • Other$3.00B31.4%

By region

  • United States$8.96B93.8%
  • Foreign$588.39M6.2%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

Hormel Foods suppliers and customers
CompanyRelationshipCorrelation
Silgan SLGNSupplier0.70
Sysco Corporation SYYCustomer0.46
Alsea, S.A.B. de C.V. ALSSFCustomer0.35
Walmart Inc. WMTCustomer0.29
Performance Food Group Company PFGCCustomer0.28
ALLETE ALESupplier0.25
CJ Cheiljedang CorporationCustomer0.20
WEX Inc. WEXSupplier0.16
Quotient Technology QUOTSupplier0.08
Square Technology Group ASupplier-0.13

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