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 (62% of fiscal 2024 sales), US food service (32%), and international (6%). By product, 72% of fiscal 2024 sales were from perishable food and 28% 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.

$17.3B

Market Cap • 4/3/2025

1928

(97 years)

Founded

1990

(35 years ago)

IPO

NYSE

Listing Exchange

Flag of US

Austin

Headquarters • Minnesota

S&P500 Participant

Index Composite • 2025