Hormel Foods

Company

Investment-firm

General

About Company
Hormel Foods Corporation is a global branded food company that generates over $11 billion in annual revenue across 80+ countries.

Industry

Sector :

Subsector :

Also Known As

Hormel, Geo A. Hormel & Company, Geo. A. Hormel & Company., Hormel Geo A & Co

founded date

01.01.1891

Number of employees

Company Type

For Profit

IPO status

Private

Description

Hormel Foods focuses on protein-based branded food products, with a portfolio that includes popular brands such as Hormel, Spam, Jennie-O, and Skippy. The majority of its revenue comes from the US market, with a strong presence in shelf-stable meat, ready meals, deli meat, and guacamole. The company is committed to providing high-quality, flavorful, and convenient products while setting industry standards for product quality, work environment, and community engagement. Hormel Foods International Corporation, a subsidiary, distributes food products to consumer and food industries globally, with sales in seven countries across four continents. In 2022, the company reported annual revenues of $12.38 billion and a net profit of $0.98 billion.
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