H

Hormel Foods Corp
D

HRL

30.440
USD
0.22
(0.73%)
Market Open
Volume
48,074
EPS
2
Div Yield
3.54
P/E
21
Market Cap
16,692,188,562
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News

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 (64% of fiscal 2023 sales), US food service (30%), and international (6%). By product, 70% of fiscal 2023 sales were from perishable food and 30% 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.