Hormel Foods's Competitors, Revenue, Number of Employees, Funding and Acquisitions

Hormel Foods engages in the distribution of food products to consumer and food industries in the United States and inter... Read more

Based on data from Hormel Foods's latest SEC filings

Annual Revenue

Based on data from Hormel Foods's latest SEC filings

Employees

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

Chairman & CEO

James Snee

CEO Approval Rating

86/100

OVERVIEW

Founded:

1891

Headquarters:

AustinMinnesota

Status:

PublicIndependent Company of NYSEHRL

Industry Sector:

Meat, Poultry & Fish

Food Processing

Packaged Foods & Meats

SIC Code:

Top Competitors or Alternatives

Missing a competitor? Contribute!

Weigh-in!

Help the Owler community know more

Competitor - 1/1

Is Seaboard a competitor of Hormel Foods?

Want more news like this in your inbox? Get access for free

Competitive Analysis

TOP COMPETITORS OR ALTERNATIVES

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 100,900 more employees vs. Hormel Foods.

Smithfield has been one of Hormel Foods's top competitors. Smithfield is headquartered in Smithfield, Virginia, and was founded in 1936. Smithfield is in the Packaged Foods & Meats field. Smithfield generates 157% the revenue of Hormel Foods.

Dekaltrim.nu is perceived as one of Hormel Foods's biggest rivals. Dekaltrim.nu was founded in 2002 in , . Dekaltrim.nu competes in the field. Dekaltrim.nu generates $ less revenue than Hormel Foods.

RANK

COMPANY

LEADERSHIP

CEO SCORE

EMPLOYEES

TOTAL FUNDING

REVENUE

James Snee

Chairman & CEO

- -
20,100
$0
$9.5B
1

Noel White

President & CEO

77/100
121,000
$2B
$41.5B
2

Kenneth M. Sullivan

President & CEO

72/100
54,000
- -
$15B
3

CEO

- -
- -
4

Anand P. Frederick

Managing Director

69/100
42
- -
$7.2M
5

Frank Ravndal

President & CEO

59/100
11,000
- -
$2.7B
6

Steven J. Bresky

CEO

81/100
12,600
- -
$6.7B
7

Tom Werner

President & CEO

82/100
7,600
- -
$3.7B
8

CEO

- -
57
- -
$3.8M
9

CEO

- -
- -
10

CEO

- -
95
- -
$2.6M

Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$9.5B

Hormel Foods's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 8.8B. Over the last four quarters, Hormel Foods's revenue has decreased by 9.3%. Specifically, in Q3 2019's revenue was $2.3B; in Q2 2019, it was $2.3B; in Q1 2019, it was $2.4B; in Q4 2018, Hormel Foods's revenue was $2.5B.

Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Columbus Craft Meats

Oct 2017

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

-

-

Aug 2017

Source »
$104M
-
Fontanini

Aug 2017

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

Aug 2017

Source »
undisclosed
-
Justin's, LLC

May 2016

Source »
undisclosed
Justin's manufactures and sells nut butters, peanut butter cups and snack packs.

These are all the companies that Hormel Foods has acquired. Hormel Foods has acquired 12 companies and its latest acquisition was Columbus Craft Meats in Oct 2017. Columbus Craft Meats is a food processing company that specializes in salami and other prepared delicatessen meats.

Investments

No recent investments found related to Hormel Foods

Hormel Foods News

October 10, 2019MarketWatch

Hormel Foods revises 2019 profit outlook to above expectations

Hormel Foods Corp. narrowed Thursday its full-year earnings guidance, which put it above Wall Street ... See more »
October 8, 2019Zacks

Hormel Foods Boasts Strong Brands, Input Costs a Worry

Hormel Foods' (HRL) Refrigerated Foods category is steadily growing on strong brand portfolio. Howeve... See more »
October 1, 2019marketscreener

Expands World Food Day Online Food Drive on Amazon

BATTLE CREEK, Mich., Sept. 30, 2019 /PRNewswire/ -- Recognizing that one in nine people in the U.S. m... See more »
October 1, 2019Convenience Store Decisions

Single-Serve Lunchmeat

The makers of Hormel Natural Choice deli meats announced the addition of new single-serve lunchmeat o... See more »
September 30, 2019GlobalMeatNews

Hormel hits energy reduction goal

US processor Hormel Foods has hit its non-renewable energy use reduction goal.... See more »
September 30, 2019MarketScreener

Donation Helps Fight Hunger in Hayward

(marketscreener.com) 'We are honored to join La Familia Counseling Center in fighting hunger in our c... See more »
September 26, 2019Recruiting Headlines

Hormel Foods Honored for It's Onboarding Program

Hormel Foods Corporation was named the winner of a Silver Stevie® Award in the Achievement in New Emp... See more »

Hormel Foods Press Releases

September 19, 2019PR Newswire

The Makers of Hormel® Mary Kitchen® Hash Announce New Frozen Varieties, Taking America's No. 1 Hash Out of The Can

AUSTIN, Minn., Sept. 19, 2019 /PRNewswire/ -- The makers of Hormel® Mary Kitchen® hash, America's No.... See more »
August 10, 2019WebWire

Hormel Foods Featured on Selling Power's 50 Best Companies to Sell For List in 2019

Each year, the corporate research team at Selling Power magazine assembles and publishes its list of ... See more »
July 9, 2019PR Newswire

The Makers of Hormel® Natural Choice® Add Global Inspired Flavors to Snacking Portfolio

AUSTIN, Minn., July 9, 2019 /PRNewswire/ -- The makers of Hormel® Natural Choice® deli meats announce... See more »
February 8, 2019WebWire

Hormel Foods Names its Austin Plant Team Champion in Annual Environmental Sustainability Best of the Best Competition

The internal annual Environmental Sustainability Best of the Best award program, now in its 11th year... See more »
January 8, 2019WebWire

Adam Thielen Partners with The Makers of HORMEL� Chili for Chili Dip Touchdown Dance Contest

The makers of� HORMEL ® �Chili, America's iconic No. 1 chili brand, are teaming up with star wide... See more »
December 22, 2018PRWeb

Hormel Foods and Vons/Albertsons Donated More than 5,000 Jars of SKIPPY® Peanut Butter to the Jacobs & Cushman San Diego Food Bank

Hormel Foods Corporation and Vons/Albertsons donated more than 5,000 jars of SKIPPY® peanut butter to... See more »
December 18, 2018centralcharts

Columbus Adds Craft Beer to its Craft Meats

HAYWARD, Calif., Dec. 18, 2018 /PRNewswire/ -- Columbus Craft Meats has always delivered unique flavo... See more »

Hormel Foods Videos

Social Statistics

Headquarters

1 Hormel Place

Austin, Minnesota55912

507-437-5611

Driving Directions »

Trending Companies

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 86%. Hormel Foods's primary competitors are Tyson Foods, Smithfield & Dekaltrim.nu.

Website

hormelfoods.com

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 $9.5B 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 Meat, Poultry & Fish, Food Processing, Packaged Foods & Meats
  4. Who are Hormel Foods's competitors?

    Hormel Foods's top competitors are Tyson Foods, Smithfield, Dekaltrim.nu