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Hormel Foods (HRL) Company Profile

Updated Dec 2, 2019
Hormel Foods has the following business profile:
Company's Full Name:Hormel Foods Corp.
Short Name:Hormel Foods
Trading Ticker Symbol:HRL
Primary Exchange:NYSE
Headquarter City/Country:Austin, Minnesota
Primary Industry Sector:Consumer Non-Durables
Seconday Sub-sector:Meat Poultry and Fish
Main Business Areas: Low Volatility, Consumer Non-Durables, Meat Poultry and Fish, Consumer Defensive, Packaged Foods, Meat
Dividend Payments:Dividend History

Market and Trading Information for Hormel Foods

The following details were available for trading and market data about the stock of Hormel Foods as of writing:
Current Share Price:$45.43
Previous Year's Closing Price:$42.68
Percentage Price Change (YTD):6.44%
Market Cap:$24.26 billion
52-week Price Range:$37 - $45.7
Dividend Per Share:$0.84
EPS (TTM):1.8
Price-Earnings (Trailing):25.24
Price-Earnings (Forward):24.69

Company Profile and Business Description for Hormel Foods

Hormel Foods Corporation, incorporated on September 20, 1928, is engaged in the production of a range of meat and food products and the marketing of those products throughout the United States and internationally. The Company is a processor of branded and unbranded food products for retail, foodservice and fresh product customers. The Company operates through five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store (JOTS), Specialty Foods, and International & Other. The Company's Grocery Products segment is engaged in the processing, marketing and sale of shelf-stable food products sold for the retail market. The Grocery Products segment also includes the Company's MegaMex Foods, LLC (MegaMex) joint venture. The Company's Refrigerated Foods segment consists of the processing, marketing and sale of branded and unbranded pork, beef, chicken and turkey products for retail, foodservice and fresh product customers. The Company's JOTS segment consists of the processing, marketing and sale of branded and unbranded turkey products for retail, foodservice and fresh product customers. The Company's Specialty Foods segment consists of the packaging and sale of nutritional and private label shelf-stable products to industrial, retail and foodservice customers. The Company's International & Other segment includes Hormel Foods International Corporation (HFIC), which manufactures, markets and sells the Company's products internationally. The International & Other segment also includes the Company's international joint ventures.

The Company's meat products are sold fresh, frozen, cooked and canned. The Company offers its products under perishable, poultry, shelf-stable and miscellaneous categories. The perishable category includes fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamole and bacon (excluding JOTS products). The poultry category is composed of JOTS products. The shelf-stable category includes canned luncheon meats, peanut butter, chilies, shelf-stable microwaveable meals, hash, stews, salsas, flour and corn tortillas, tortilla chips and other items that do not require refrigeration. The miscellaneous category consists of nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. Internationally, the Company markets its products through its subsidiary, HFIC.

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Peer / Competitor Companies of Meat Poultry and Fish Sector

Along with Hormel Foods Corp., the following other peer (competitor) companies also exist within the same Meat Poultry and Fish - Consumer Non-Durables sector whose company profile and dividend history is as follows:

▶ BRF (BRFS): BRF S.A. focuses on raising, producing, and slaughtering poultry and pork for processing, production, and sale of fresh meat, processed products, pasta, sauce, mayonnaise, frozen vegetables, and soybe....See Detailed Company Profile  and Dividend History.

▶ Cresud SACIF yA (CRESY): Cresud Sociedad Anonima Comercial, Inmobiliaria, Financiera y Agropecuaria, incorporated on February 19, 1937, is an agricultural company engaged in the production of basic agricultural commodities with presence in the agricultural ....See Detailed Company Profile  and Dividend History.

▶ Industrias Bachoco (IBA): Industrias Bachoco, S.A.B. de C.V. (Bachoco) is a holding company. The Company owns and manages over 1,000 facilities, organized in approximately 10 production complexes and over 60 distribution centers in ....See Detailed Company Profile  and Dividend History.

▶ Leucadia National (LUK): Leucadia National Corporation (Leucadia), incorporated on May 24, 1968, is a diversified holding company focused on return on investment and long-term value. The Companys segments, based on requirements, are Jefferies, ....See Detailed Company Profile  and Dividend History.

▶ Pilgrim's Pride (PPC): Pilgrim's Pride Corporation engages in the production, processing, marketing, and distribution of fresh, frozen, and value-added chicken products in the United States, the United Kingdom, Europe, and ....See Detailed Company Profile  and Dividend History.

▶ Sanderson Farms (SAFM): Sanderson Farms, Inc., incorporated on October 31, 1978, is a poultry processing company. The Company is engaged in the production, processing, marketing and distribution of fresh and frozen chicken. In ....See Detailed Company Profile  and Dividend History.

▶ Seaboard (SEB): Seaboard Corporation, incorporated on July 24, 1946, is an agribusiness and transportation company. The Company is primarily engaged in pork production and processing, and ocean transportation. The Companys divisions include ....See Detailed Company Profile  and Dividend History.

▶ Tyson Foods (TSN): Tyson Foods, Inc., together with its subsidiaries, operates as a food company worldwide. It operates through four segments: Beef, Pork, Chicken, and Prepared Foods. The company processes live fed catt....See Detailed Company Profile  and Dividend History.

▶ Tyson Foods (TSNU): Tyson Foods, Inc., incorporated on January 31, 1986, is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods. The Company offers food ....See Detailed Company Profile  and Dividend History.

... See Full List of All Stocks of Meat Poultry and Fish Sector.

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