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HRL Stock - Hormel Foods Corp.


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Hormel Foods Corp. logo

Hormel Foods Corporation, headquartered in Austin, Minnesota, is a prominent player in the global food industry, specializing in the development, processing, and distribution of a wide array of meat, nuts, and food products. Serving a diverse customer base that includes retail, foodservice, deli, and commercial sectors both domestically and internationally, the company operates through four distinct segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.

The company offers an extensive range of perishable products such as fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons. Its shelf-stable product lineup includes canned luncheon meats, nut butters, snack nuts, chilies, microwaveable meals, hashes, stews, tortillas, salsas, and tortilla chips, among others. Hormel also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, alongside nutritional food products, supplements, desserts, drink mixes, and industrial gelatin products.

The company's diverse portfolio features well-known brands such as SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Cafe H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Wholly, Planters, NUT-rition, and Planters Cheez Balls, among others. Hormel markets its products through a strategic network of sales personnel, independent brokers, and distributors, ensuring broad market reach and accessibility.

Founded in 1891 as Geo. A. Hormel & Company and rebranded as Hormel Foods Corporation in January 1995, the company has built a legacy of innovation and quality in the food industry. With a commitment to meeting diverse consumer demands and maintaining high standards of product excellence, Hormel Foods Corporation continues to expand its global footprint while delivering value to stakeholders and consumers alike.

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Stock Sector: Food and Beverages: Meat Products

 

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