Hormel Foods

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James Snee's photo - Chairman & CEO of Hormel Foods

Chairman & CEO

James Snee

CEO Approval Rating

74/100

HORMEL FOODS TOP COMPETITORS OR ALTERNATIVES

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CEO

CEO RATING

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Tyson Foods is Hormel Foods's top competitor. Tyson Foods is a Public company that was founded in Springdale, Arkansas in 1931. Tyson Foods operates in the Food Processing industry. Tyson Foods has 118,900 more employees vs. Hormel Foods.

Smithfield Foods has been one of Hormel Foods's top competitors. Smithfield Foods is headquartered in Smithfield, Virginia, and was founded in 1936. Smithfield Foods is in the Food Processing field. Smithfield Foods generates 165% the revenue of Hormel Foods.

Conagra Brands is perceived as one of Hormel Foods's biggest rivals. Conagra Brands was founded in 1919 in Chicago, Illinois. Conagra Brands competes in the Food Processing field. Conagra Brands generates $1.5B more revenue than Hormel Foods.

Hormel Foods Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$9.7B

Hormel Foods's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 19.4B. Over the last four quarters, Hormel Foods's revenue has grown by 9.5%. Specifically, in Q2 2021's revenue was $2.6B; in Q1 2021, it was $2.5B; in Q4 2020, it was $2.4B; in Q3 2020, Hormel Foods's revenue was $2.4B.

Hormel Foods Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Planters

Feb 2021

Source »
$3.4B
Planters is an Illinois-based food processing company that produces and markets cocktail peanuts, crunchers, breakfast nut blends, cheez balls and curls.
Sadler's Smokehouse Ltd.

Feb 2020

Source »
$270M
Sadler's Smokehouse is a producer and supplier of pit-smoked meats for retailers and restaurants.
Columbus Craft Meats

Oct 2017

Source »
$850M
Columbus Craft Meats is a food processing company that specializes in salami and other prepared delicatessen meats.

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Cidade do Sol, Ceratti

Aug 2017

Source »
$104M
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Fontanini

Aug 2017

Source »
$425M
Fontanini manufactures, packages and distributes meats, sausages, pizza toppings and meatballs to pizzerias, restaurants and grocery stores.

Hormel Foods Funding History

No recent funding data found related to Hormel Foods

Hormel Foods Investments

No recent investments found related to Hormel Foods

Hormel Foods News

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Hormel Foods Headquarters

1 Hormel Place

Austin, Minnesota55912

507-437-5611

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Hormel Foods Summary

ABOUT

Overview

Hormel Foods engages in the distribution of food products to consumer and food industries in the United States and internationally. Hormel Foods was founded in 1891. Hormel Foods' headquarters is located in Austin, Minnesota, USA 55912. Hormel Foods'...

CEO

Hormel Foods's Chairman & CEO, James Snee, currently has an approval rating of 74%. Hormel Foods's primary competitors are Tyson Foods, Smithfield Foods & Conagra Brands.

Frequently Asked Questions about Hormel Foods

  1. When was Hormel Foods founded?

    Hormel Foods was founded in 1891
  2. Who is Hormel Foods's CEO?

    Hormel Foods's CEO is James Snee
  3. How much revenue does Hormel Foods generate?

    Hormel Foods generates $9.7B in revenue
  4. How much funding does Hormel Foods have?

    Hormel Foods has historically raised $0 in funding
  1. Where is Hormel Foods's headquarters?

    Hormel Foods's headquarters is in Austin Minnesota, USA
  2. How many employees does Hormel Foods have?

    Hormel Foods has 20,100 employees
  3. What sector does Hormel Foods operate in?

    Hormel Foods is in Baked Goods, Frozen & Prepared Foods, Food Distribution
  4. Who are Hormel Foods's competitors?

    Hormel Foods's top competitors are Tyson Foods, Smithfield Foods, Conagra Brands