- Packaged Foods
- Consumer Defensive
-
1.40
EPS
-
23.11
P/E
-
17.7B
MARKET CAP
-
3.47%
DIV YIELD
Company Overview
1 HORMEL PL,AUSTIN MN 55912-3680,(507) 437-5611
CEO
Mr. James P. Snee
Employess
20000
Sector
Consumer Defensive
Industry
Packaged Foods
Website
https://www.hormelfoods.com
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.
Next Earnings Date
Nov. 27, 2024
Ex Dividends date
Aug. 15, 2024
Dividend Date
July 15, 2024
YTD Performance
-1.55%
Fiscal Year End
10-31
IPO Date
1980-03-17
Growth Rates
(avg. rate of change) | 10 years | 5 years | 3 years | 1 year |
---|---|---|---|---|
Sales/Revenue | 3.30% | 4.87% | 8.02% | -2.80% |
EPS | 3.79% | -5.36% | -4.98% | -21.20% |
Equity | 8.84% | 6.67% | 6.37% | 2.64% |
Cash | 5.43% | 9.91% | -24.54% | -25.00% |
Return On Capital (ROIC) | 13.30% | 10.63% | 8.62% | 7.59% |
Debt
year (millions) | 2023 | 2022 | 2021 | 2020 | 2019 |
---|---|---|---|---|---|
Short Term Debt | 951 | 8.8 | 8.76 | 259 | 0.0 |
Long Term Debt | 2,360 | 3,290 | 3,320 | 1,040 | 250 |
LT Finance Leases | 137 | 91.7 | 101 | 95.8 | 0.0 |
Shares Outstanding | 546 | 545 | 541 | 538 | 535 |
Market Cap | 17,500 | 25,300 | 23,200 | 26,600 | 21,600 |
Price
News
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1 monthThe Peanut Pals' passion for the iconic MR. PEANUT® is simply unmatched AUSTIN, Minn.
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1 monthAUSTIN, Minn. , Aug. 5, 2024 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, invites interested parties to participate in a webcast and conference call with Jim Snee, chairman of the board, president and chief executive officer; Jacinth Smiley, executive vice president and chief financial officer; and Deanna Brady, executive vice president, Retail; to discuss the Company's third quarter financial results.
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