Hormel Foods Corporation HRL
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Company Overview
Hormel Foods Corporation is a U.S.-based global branded food company that develops, manufactures, markets, and distributes a wide range of meat and food products for retail, foodservice, deli, and international customers. The company operates primarily within the packaged foods industry, with products spanning refrigerated foods, shelf-stable grocery items, protein products, snacks, and foodservice solutions. Hormel Foods is widely recognized for brands such as SPAM, Skippy, Jennie-O, Applegate, Planters, Columbus Craft Meats, and Hormel Black Label. Revenue is driven primarily through branded consumer packaged foods sold through grocery retailers, club stores, convenience channels, and institutional foodservice customers.
The company traces its origins to 1891 when George A. Hormel founded a meatpacking business in Austin, Minnesota. Over time, Hormel evolved from a regional meat processor into a diversified branded food company through acquisitions, product innovation, and expansion into value-added protein categories. The company’s strategic positioning centers on strong brand equity, vertically integrated protein sourcing capabilities in selected categories, broad retail distribution, and a portfolio that balances legacy meat products with premium, natural, and convenience-oriented offerings. Public disclosures and market reporting consistently identify brand strength, scale in refrigerated foods, and long-standing retailer relationships as core competitive advantages.
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Price History
- Low
- $19.42
- Current
- $19.94
- High
- $26.60
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Corporate Info
Austin, MN 55912-3680