HRL (Common Stock)Data as of 05/22/13 4:04 p.m. ET | Refresh quote
Achieved an annual earnings per share growth rate of
from 2007 to 2012.
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Corporate Profile Hormel Foods Corporation, a Delaware corporation (the Company), was founded by George A. Hormel in 1891 in Austin, Minnesota, as George A. Hormel & Company. The Company is primarily engaged in the production of a variety of meat and food products and the marketing of those products throughout the United States and internationally. Although pork and turkey remain the major raw materials for Hormel products, the ... More
Our Balanced Business Model
- 2012 At a Glance
Our balanced business model is the strategy behind the continuing success of Hormel Foods. Through five segments — Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, International & Other — we are able to navigate changes in the industry and market conditions and provide a wide choice of meal solutions for customers, foodservice operators, and consumers.
- Grocery Products
The center of the grocery store has never been more enticing and neither has your table. The Hormel Foods history of innovation shines through in convenient, delicious products that require no refrigeration. We’ve got what you’re looking for, whether you want a healthy main course your family will love or an unexpected topper to spice up an old favorite dish. Our grocery products represent some of America’s favorite and most trusted brands.
- Refrigerated Foods
In today’s busy world, we know what families need: options that let them get dinner on the table quickly and easily without sacrificing quality or taste. That’s why we are constantly offering our consumers and foodservice clients high quality protein choices that are available in a variety of preparation stages — raw, marinated and pre-cooked meat products — so there’s always an option that works best for them.
- Jennie-O Turkey Store
Jennie-O Turkey Store, Inc., based in Willmar, MN, is a wholly-owned subsidiary of Hormel Foods Corporation and is one of the largest turkey processors and marketers in the world. We are an industry-leading processor and marketer of traditional and value-added turkey products for retail, foodservice and deli markets.
- Specialty Foods
The Hormel Foods Specialty Foods division is headquartered in Austin, MN. Our wide range of products bears all the Hormel Foods hallmarks that other food companies and consumers rely on: food expertise, quality and value. Featured items of the Specialty Foods division include single-serve restaurant packets, nutritional food products, supplements and contract manufacturing.
- International & Other
Hormel Foods Corporation began exporting products to countries outside the United States as early as 1917. In 1967, Hormel Foods International was established as a wholly-owned subsidiary of Hormel Foods Corporation. Hormel Foods International Corporation (HFIC) has six joint ventures, three licensees and two wholly-owned subsidiaries.