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Hormel Foods CorporationHRL
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Overview >
Market Cap
16.97B
Revenue (ttm)
11.92B
Net Income (ttm)
747.49M
Shares Out
549.89M
EPS (ttm)
1.36
PE Ratio
22.68
Forward PE
18.35
Dividend
$1.16 (3.76%)
Ex-Dividend Date
Jul 14, 2025
Volume
2,171,018
Open
30.76
Previous Close
30.41
Day's Range
30.63 - 31.11
52-Week Range
27.59 - 33.80
Beta
0.34
Analysts
Buy
Price Target
34.00 (+10.18%)
Earnings Date
May 29, 2025
Description >

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and other food products to retail, foodservice, deli, and commercial customers in the United States and internationally.

It operates through three segments: Retail, Foodservice, and International segments. The company 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, chili, shelf-stable microwaveable meals, hash, stews, tortillas, salsas, tortilla chips, nutritional food supplements, and others.

It sells its products under the HORMEL, ALWAYS TENDER, APPLEGATE, AUSTIN BLUES, BACON 1, BLACK LABEL, BREAD READY, BURKE, CAFÉ H, CERATTI, CHI-CHI'S, COLUMBUS, COMPLEATS, CORN NUTS, CURE 81, DAN'S PRIZE, DI LUSSO, DINTY MOORE, DON MIGUEL, DOÑA MARIA, EMBASA, FAST "N EASY, FIRE BRAISED, FONTANINI, HAPPY LITTLE PLANTS, HERDEZ, HORMEL GATHERINGS, HORMEL SQUARE TABLE, HORMEL VITAL CUISINE, HOUSE OF TSANG, JENNIE-O, JUSTIN'S, LA VICTORIA, LAYOUT, LLOYD'S, MARY KITCHEN, MR. PEANUT, NATURAL CHOICE, NUT-RITION, OLD SMOKEHOUSE, OVEN READY, PILLOW PACK, PLANTERS, ROSA GRANDE, SADLER'S SMOKEHOUSE, SKIPPY, SPAM, SPECIAL RECIPE, THICK & EASY, VALLEY FRESH, AND WHOLLY brands 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.

Latest News >
Steakholder Foods Signs Royalties, Raw Material Supply Deal With Wyler Farm; Shares Rise
Steakholder Foods Signs Royalties, Raw Material Supply Deal With Wyler Farm; Shares Rise
May 13, 2024
11:16 AM EDT, 05/13/2024 (MT Newswires) -- Steakholder Foods ( STKH ) said Monday Wyler Farm has agreed to produce alternative proteins on a commercial scale using Steakholder's premixes and know-how in return for the payment of royalties from sales. The company expects production of the new plant-based meat products to start in Q3, with commercial revenue generated from the...
Outlook Therapeutics Submits Marketing Application for Wet Age-related Macular Degeneration Therapy in UK
Outlook Therapeutics Submits Marketing Application for Wet Age-related Macular Degeneration Therapy in UK
May 13, 2024
11:18 AM EDT, 05/13/2024 (MT Newswires) -- Outlook Therapeutics ( OTLK ) said Monday it Applied to the UK's Medicines and Healthcare products Regulatory Agency for marketing authorization for ONS-5010/Lytenava to treat wet age-related macular degeneration, or AMD. The submission follows a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use on the therapy, the...
Autolus Therapeutics Announces Delay of Q1 Earnings Release
Autolus Therapeutics Announces Delay of Q1 Earnings Release
May 13, 2024
11:15 AM EDT, 05/13/2024 (MT Newswires) -- Autolus Therapeutics ( AUTL ) said Monday it plans to notify the US Securities and Exchange Commission of a delay in the filing of its Q1 earnings report. The biopharmaceutical company said t will get five additional calendar days to report Q1 results, which is due Wednesday. Autolus said it would file its...
Barfresh Food Group Signs Regional Distribution Agreement
Barfresh Food Group Signs Regional Distribution Agreement
May 13, 2024
11:17 AM EDT, 05/13/2024 (MT Newswires) -- Barfresh Food Group ( BRFH ) said Monday it signed a new distribution agreement with a regional sales broker in the southeast US. The deal is expected to expand the company's sales and customer acquisition capabilities, providing Barfresh with 82 additional sales representatives in the southeast region, according to Barfresh. Financial terms were...
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