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.

$16.1B

Market Cap • 11/18/2024

1928

(96 years)
Founded

1990

(34 years ago)
IPO

NYSE

Listing Exchange
Flag of US

Austin

Headquarters • Minnesota

S&P500 Participant

Index Composite • 2024

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