Hormel Foods Corporation

Hormel Foods is a Fortune 500, multinational manufacturer and marketer of consumer-branded food and meat products, many of which are among the best known and trusted in the food industry. The company leverages its extensive expertise, innovation and high competencies in pork and turkey processing and marketing to bring quality, value-added brands to the global marketplace. The company enjoys a strong reputation among consumers, retail grocers, foodservice and industrial customers for products highly regarded for quality, taste, nutrition, convenience and value.

Type
Public
HQ
Austin, US
Founded
1891
Size (employees)
21,100 (est)
Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, US

Key People at Hormel Foods Corporation

James P. Snee

James P. Snee

President & Chief Executive Officer

Hormel Foods Corporation Office Locations

Hormel Foods Corporation has office in Austin
Austin, US

Hormel Foods Corporation Metrics

Hormel Foods Corporation Summary

Market capitalization

$18.5 b

Closing share price

$35
Hormel Foods Corporation's current market capitalization is $18.5 b.

Hormel Foods Corporation Financials

Hormel Foods Corporation's revenue is $9.5 b in FY, 2016 which is a 2.8% increase from the previous period.
FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$8.8 b$9.3 b$9.3 b$9.5 b

Revenue growth, %

6.5%(0.6%)2.8%

Cost of goods sold

$7.3 b$7.5 b$7.4 b

EBIT

$806 m$1.1 b$1.3 b

Pre tax profit

$798.5 m$1.1 b$1.3 b

Net Income

$530.1 m$687.3 m$890.5 m

Hormel Foods Corporation Market Value History

Hormel Foods Corporation Online Presence

Hormel Foods Corporation Company Life

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