Hormel Foods Corp. HRL

What this company does

Hormel Foods Corporation originated as a processor of meat and food products and continues in this line of business today. It has expanded its product portfolio through organic growth and acquisitions to become a global branded food company with more than $12 billion in annual revenue. As of October 26, 2025, the company had approximately 20,000 active employees, with over 90 percent located within the United States. Sales to its largest customer, Walmart Inc. and its subsidiaries, accounted for 15.6 percent of consolidated gross sales less returns and allowances during fiscal 2025. The company operates with three reportable segments: Retail, Foodservice, and International. The Retail segment consists primarily of the processing, marketing, and sale of food products sold predominantly in retail channels, including grocery stores, mass merchandisers, club stores, natural food chains, drug, dollar and discount chains, and e-commerce providers in the United States. The Foodservice segment consists primarily of the processing, marketing, and sale of food products to distributors and operators across providers of food away from home, including restaurants, hospitality, healthcare, K-12, colleges and universities, and convenience stores in the United States. Hormel Foods Corporation, a Delaware corporation, was founded by George A. Hormel in 1891 in Austin, Minnesota, as Geo. A. Hormel & Company.

Written from the business description in HORMEL FOODS CORP /DE/'s annual report to the U.S. Securities and Exchange Commission, filed 5 December 2025. Every sentence was checked against that document before publication.