Bloomberg the Company & Products

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Last $54.85 USD
Change Today -0.03 / -0.05%
Volume 465.4K
HRL On Other Exchanges
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

hormel foods corp (HRL) Snapshot

Previous Close
Day High
Day Low
52 Week High
02/25/15 - $58.98
52 Week Low
08/4/14 - $44.91
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for HORMEL FOODS CORP (HRL)

hormel foods corp (HRL) Details

Hormel Foods Corporation produces and markets various meat and food products worldwide. The company operates in five segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods, and International & Other. It provides various perishable meat products, including fresh meats, frozen items, refrigerated meal solutions, sausages, hams, wieners, and bacon; and shelf-stable products comprising canned luncheon meats, shelf-stable microwaveable meals, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, tortilla chips, peanut butter, and other products. The company also offers nutritional food products and supplements, sugar and sugar substitutes, dessert and drink mixes, and industrial gelatin products. It sells its products through sales personnel, as well as through 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 based in Austin, Minnesota.

20,600 Employees
Last Reported Date: 03/6/15
Founded in 1891

hormel foods corp (HRL) Top Compensated Officers

Chairman, Chief Executive Officer and Preside...
Total Annual Compensation: $1.0M
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: $466.7K
Executive Vice President and President of Hor...
Total Annual Compensation: $466.7K
Group Vice President and President of Jennie-...
Total Annual Compensation: $317.9K
Group Vice President of Refrigerated Foods
Total Annual Compensation: $315.4K
Compensation as of Fiscal Year 2014.

hormel foods corp (HRL) Key Developments

Hormel Foods Corporation Announces Management Changes

Hormel Foods Corporation announced the retirement of Julie H. Craven, vice president of corporate communications, and Joe C. Swedberg, vice president of legislative affairs. As a result, Wendy A. Watkins, global vice president of corporate communications at Delaware North Companies, will assume the position of vice president of corporate communications at Hormel Foods. Jeffrey A. Grev, director of legislative affairs, will advance to the position of vice president of legislative affairs. Craven began her career at Hormel Foods in 1988 as the director of consumer affairs at the Corporate Office in Austin, Minn., after experience at Kraft Foods and Meredith Corporation. Watkins has more than twenty years of experience in strategic communications, marketing and media relations. She began her career in public relations at Four Seasons World Resort and Community and subsequently worked at LaNier Associates agency and led corporate communications, advertising and public relations for Brandywine Enterprises, the development and real estate division of Empire America. Swedberg began his career in sales in Denver, Colo., in 1981. He held several sales positions and in 1984, became an associate product manager in meat products at the Corporate Office. Grev began his career in 1984 in Grocery Products sales in Louisville, Ky. A year later, he became a sales representative for the Michigan territory and then the New England territory. He became the corporate manager of mergers and acquisitions in 2007 and then director of corporate development in 2013. He assumed his current role in 2014.

Hormel Foods Corporation Announces Quarterly Dividend on Common Stock, Payable on May 15, 2015

Hormel Foods Corporation announced that its quarterly dividend on the common stock, authorized by the Board of Directors at twenty-five cents (25 cents) a share on March 23, 2015, will be paid May 15, 2015, to stockholders of record at the close of business on April 20, 2015.

Hormel Foods Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 25, 2015; Revises Earnings Guidance for the Year 2015

Hormel Foods Corporation reported unaudited consolidated earnings results for the first quarter ended January 25, 2015. For the period, excluding nonrecurring charges, the company non-GAAP adjusted net earnings of $187.3 million, up 22% from net earnings of $153.3 million a year earlier. Non-GAAP adjusted diluted earnings per share were $0.69, up 21% compared to $0.57 last year. On a GAAP basis, the company reported net earnings of $171.7 million, up 12% from net earnings of $153.3 million a year earlier. Diluted earnings per share were $0.64 this year compared to $0.57 per share last year. Sales were $2.4 billion, up 7% from the same period in fiscal 2014. Operating income was $265.966 million compared with $237.192 million for the same period last year. Earnings before income taxes were $264.037 million compared with $235.271 million for the same period last year. Net cash provided by operating activities was $246.502 million compared with $314.292 million for the same period last year. Net purchases of property/equipment were $17.743 million compared with $32.760 million for the same period last year. Adjusted earnings before income taxes were $283.397 million. Due to the company’s strong performance in the first quarter, the company raises 2015 non-GAAP adjusted earnings guidance range from $2.45 to $2.55 per share to $2.50 to $2.60. The company expects the effective tax rate to be between 34% and 35% for fiscal year 2015. Capital expenditures to be approximately $175 million to $190 million. Depreciation and amortization to be approximately $125 million in fiscal 2015.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HRL:US $54.85 USD -0.03

HRL Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Dr Pepper Snapple Group Inc $78.86 USD -0.09
Grupo Bimbo SAB de CV $42.36 MXN -0.83
Clorox Co/The $109.24 USD +0.14
Hershey Co/The $94.63 USD -0.30
JM Smucker Co/The $116.31 USD -0.66
View Industry Companies

Industry Analysis


Industry Average

Valuation HRL Industry Range
Price/Earnings 23.9x
Price/Sales 1.5x
Price/Book 3.9x
Price/Cash Flow 23.3x
TEV/Sales 1.4x

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HORMEL FOODS CORP, please visit Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at