Hormel Foods
Food & Beverage · Minnesota, United States · 10K+ Employees
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Overview
Headquarters
1 Hormel Pl, Austin, Minnesota, 55912, U...Phone Number
(507) 437-5311Website
www.hormelfoods.comRevenue
$12.1 BillionStock Symbol
HRLIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Hormel Foods
Hormel Foods, founded in 1891, is a global food manufacturing company that produces and markets a variety of meat and food products. The company specializes in developing innovative food solutions for both consumer and foodservice markets. Hormel Foods offers a diverse portfolio of branded products including prepared foods, refrigerated meats, and shelf-stable goods. With operations across North America, Asia, Europe, and other global regions, Hormel Foods serves both business and consumer customers through various distribution channels.Explore more
Hormel Foods Org Chart
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Hormel Foods is experiencing very low activity levels compared to other companies in the Manufacturing sector.
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Hormel Foods is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Hormel Foods.
Hormel Foods Tech Stack
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Most Recent Scoops
Earnings
Hormel Foods has reported operating cash flow of $241 million in Q3 fiscal 2026, up 54% versus the prior year, primarily reflecting improved inventory management and working capital performance, with capital expenditures of $68 million and $161 million returned to stockholders through dividends, representing the company's 392nd consecutive quarterly payout. Cash on hand totaled $840 million, up $169 million since the end of fiscal 2025.
Earnings, Logistics / Supply Chain, Inventory Management, Business Finance, Finance, Financial Transactions
Earnings
Hormel Foods has updated its Q4 fiscal 2026 adjusted EPS outlook to approximately $0.37 at the midpoint and $0.40 at the high end, reflecting volume weakness in certain retail franchises, higher freight and fuel costs, and reduced plant throughput, while maintaining full-year adjusted earnings growth guidance of 6% to 10%.
Earnings, Forecasting, Finance
Earnings
Hormel Foods has reported that approximately half of Q3 fiscal 2026 retail volume declines were attributable to the exits of whole-bird turkey, private label snack nuts, and contract manufacturing, with additional volume contraction from pricing elasticity impacts, resulting in total Hormel dollar consumption of negative 1%. Standout performers included Jennie-O Ground Turkey and Hormel Entrees, which delivered mid-to-high single-digit consumption growth, with additional growth seen across Applegate, the center store canned portfolio, Herdez, Hormel Black Label Bacon, and Planters.
Earnings, Finance, Pricing
Earnings
Hormel Foods has reported Q3 fiscal 2026 organic net sales declining 2% compared to the prior year, driven by portfolio shaping actions, softer commodity markets, and the consumer environment, with gross profit of $472 million and a gross margin of 15.9%. Lower volumes and certain operational inefficiencies negatively impacted margin improvement during the quarter.
Earnings, Accounting, Financial Reporting, Finance
Earnings
Earnings, Sales, Food & Beverage, Finance
Hormel Foods News & Media
Hormel Foods, Culinary Institute of America Open Applications for National Culinary Enrichment and Innovation Program
Emerging culinary professionals can apply for an immersive enrichment experience focused on creativity, leadership and foodservice industry innovation Hands-On Learning Experience: Selected participants will take part in three immersive learning modules with Hormel Foods Foodservice team...Sweet Meets Heat: SPAM® Brand Turns Up the Heat with New SPAM® Hot Honey Flavored and Win Son Bakery Collaboration
SPAM® Hot Honey hits the menu with limited-edition breakfast items and co-branded merch capsule at New York City's acclaimed Win Son Bakery New Permanent Flavor: SPAM® Hot Honey joins the lineup of more than 10 varieties, bringing a sweet-and-spicy twist to the iconic canned meat,...Hormel Foods Names Paul Kuehneman Chief Accounting Officer
AUSTIN, Minn., Sept. 10, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced the appointment of Paul Kuehneman as chief accounting officer. In this role, Kuehneman will lead the company's accounting organization and oversee...Purple. Gold. SPAM® Brand. A New Minnesota Game Day Tradition Kicks Off at U.S. Bank Stadium
The SPAM® Dog named U.S. Bank Stadium's Official Dog for the 2026-2027 season Minnesota Vikings fans can enjoy the SKOL Crusher SPAM® Dog, specialty menu offerings and SPAM® Brand tailgating fun at The Commons this fall. AUSTIN, Minn., Sept. 10, 2026 /PRNewswire/ -- Vikings fans have a...
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Hormel Foods, founded in 1891, is a global food manufacturing company that produces and markets a variety of meat and food products. The company specializes in developing innovative food solutions for both consumer and foodservice markets. Hormel Foods offers a diverse portfolio of branded products including prepared foods, refrigerated meats, and... Read More
