Hormel Foods Corp D
D
HRL
29.305
USD
-0.08
(-0.26%)
Market Closed
Volume
72,755
EPS
2
Div Yield
3.9
P/E
21
Market Cap
16,115,185,842
News
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Title: Hormel Foods Corp
Sector: Consumer Defensive
Industry: Packaged Foods
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including US retail (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% from shelf-stable. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.