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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Company Profile Activity
Activity Insights
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 Corporation Declares Quarterly Dividend
AUSTIN, Minn., Sept. 28, 2026 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, today announced its quarterly dividend on the common stock, authorized by the Board of Directors at $0.2925 per share. The dividend will be paid on November 16,...Hormel Foods U.S. Production Facilities Donate More Than $330,000 to Hunger-Relief Organizations in Hunger Action Month
Funding supports more than 40 nonprofit organizations addressing food insecurity in communities across the United States Local Impact: Hormel Foods U.S. production facilities donated a combined $332,000 for Hunger Action Month to support more than 40 local hunger-relief organizations...5 Beaten-Down Dividend Kings Ready to Roar Back in 2027 (One Yields Over 5%)
While investors pile into pricey AI darlings, a handful of battle-tested Dividend Kings have quietly slipped to levels that scream value, and Wall Street analysts see serious upside ahead for 2027.Hormel’s 60-Year Dividend Streak Masks a Troubling Reality: Raises Are Shrinking
Sixty years of uninterrupted dividend raises sounds like a triumph, but a closer look at Hormel's latest increase reveals a streak that is surviving on thinner and thinner margins with each passing year.
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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
