Hormel Foods Corporation

NYSE:HRL

Sector

🛒 Consumer Staples

Industries

🍔 Meat

🏬 Consumer Packaged Goods

🍔 Fast Food

🍔 Food & Beverages

🍽 Restaurants

Location

United States

Market Cap

USD 16.63 B

Share Price

USD 30.25

Avg Daily Volume

3,163,680

Change (1 day)

1.37%

Change (1 year)

0.10%

Change (YTD)

-3.57%

Hormel Foods Corporation Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending April 27, 2025: USD 0.00

Hormel Foods Corporation Research and Development (R&D) Expenses is USD 0.00 for the Trailing 12 Months (TTM) ending April 27, 2025. Research and development (R&D) expenses are the costs associated with the development of new products, technologies, or improvements to existing products.

Hormel Foods Corporation Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending April 28, 2024 was USD 0.00.
Hormel Foods Corporation Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending April 30, 2023 was USD 0.00.
Hormel Foods Corporation Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending May 01, 2022 was USD 0.00.
Hormel Foods Corporation Research and Development (R&D) Expenses for the Trailing 12 Months (TTM) ending April 25, 2021 was USD 0.00.

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Key data

Date	Research and Development (R&D) Expenses	Revenue	Revenue	Gross Profit

NYSE: HRL

Hormel Foods Corporation

CEO	Mr. James P. Snee
IPO Date	March 17, 1980
Location	United States
Headquarters	1 Hormel Place
Employees	20,000
Sector	🛒 Consumer Staples
Industries Meat 🏬 Consumer Packaged Goods 🍔 Fast Food 🍔 Food & Beverages 🍽 Restaurants

Description

Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. It provides various perishable products that include fresh meats, frozen items, refrigerated meal solutions, sausages, hams, guacamoles, and bacons; and shelf-stable products comprising canned luncheon meats, nut butters, snack nuts, chilies, shelf-stable microwaveable meals, hashes, stews, tortillas, salsas, tortilla chips, and others. The company also engages in the processing, marketing, and sale of branded and unbranded pork, beef, poultry, and turkey products, as well as offers nutritional food products and supplements, desserts and drink mixes, and industrial gelatin products. It sells its products primarily under the SKIPPY, SPAM, Hormel, Natural Choice, Applegate, Justin's, Jennie-O, Café H, Herdez, Black Label, Sadler's, Columbus, Gatherings, Herdez, Wholly, Columbus, Planters, NUT-rition, Planters Cheez Balls, Corn Nuts, etc. brand names through sales personnel, independent brokers, and distributors. The company was formerly known as Geo. A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is headquartered in Austin, Minnesota.