| Market Capitalization (Millions $) |
24,683 |
| Shares
Outstanding (Millions) |
544 |
| Employees |
20,400 |
| Revenues (TTM) (Millions $) |
9,521 |
| Net Income (TTM) (Millions $) |
985 |
| Cash Flow (TTM) (Millions $) |
190 |
| Capital Exp. (TTM) (Millions $) |
300 |
Hormel Foods Corporation
Hormel Foods Corporation, a Delaware corporation, was founded by George A. Hormel
in 1891 in Austin, Minnesota, as George A. Hormel & Company. The Company started
as a processor of meat and food products and continues in this line of business.
The Company name was changed to Hormel Foods Corporation on January 31, 1995.
The Company is primarily engaged in the production of a variety of meat and food
products and the marketing of those products throughout the United States and
internationally. Although pork and turkey remain the major raw materials for its
products, the Company has emphasized for several years the manufacturing and distribution
of branded, value-added consumer items rather than the commodity fresh meat business.
The Company has continually expanded its product portfolio through organic growth,
new product development, and acquisitions.
| HRL is expected to report next financial results on February 18, 2020. |
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17.5 %
2.62%