Hormel Foods Corporation

Hormel Foods Corporation

$31.92
0.3 (0.95%)
New York Stock Exchange
USD, US
Packaged Foods

HRL Price Chart

Basic
Market Cap$17.05B
Price$31.92
52 Week Range28.51-36.86
Beta0.25
Margins
Gross Profit Margin16.98%
Operating Profit Margin8.70%
Net Profit Margin6.52%
Valuation (TTM)
P/E Ratio22.55
Price to Sales Ratio1.47
Price to Book Ratio2.24
PEG Ratio15.90

Industry

Packaged Foods

Sector

Consumer Defensive

Full-Time Employees

20,000

IPO Date

1980-03-17T00:00:00.000Z

Description

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.

Phone

507 437 5611

Address

1 Hormel Place, Austin, MN, 55912-3680, US

CIK

0000048465