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18.48500 EUR
0.36
1.91%
Last update Apr 8, 7:53 PM CEST
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Day range
18.48500
18.73500
Previous close
18.84500
Open
18.57500
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Hormel Foods Corporation
18.49
0.36
1.91%

Overview

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Description

Hormel Foods Corporation is a global branded food company that develops, processes, and distributes a diverse portfolio of protein-centric products, including perishable items like fresh meats, bacon, sausages, hams, frozen entrees, and refrigerated meal solutions, as well as shelf-stable goods such as canned luncheon meats, nuts, and peanut butter. It operates through three key segments: Retail, serving grocery channels with brands like Spam, Jennie-O turkey, Planters nuts, Skippy peanut butter, Applegate, and Columbus; Foodservice, providing customized protein solutions, premium prepared proteins, and branded pepperoni to restaurants and institutions; and International, focusing on branded exports and growth in markets like China. Major brands hold leading market positions in their categories, emphasizing animal proteins and value-added foods. Hormel Foods Corporation supplies foodservice operators, convenience stores, retailers, and commercial customers across the United States and more than 80 countries worldwide. Founded in 1891 and headquartered in Austin, Minnesota, it plays a significant role in the consumer staples sector as a diversified packaged foods producer.

About

CEO
Mr. Jeffrey M. Ettinger
Employees
20000
Address
1 Hormel Place
Austin, 55912-3680, MN
United States
Phone
507 437 5611
Website
Instrument type
Common stock
Sector
Consumer Defensive
Industry
Packaged Foods
Country
Germany
MIC code
XFRA
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