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Home > Company Index > Food, Beverage & Tobacco > Meat Products > Hormel Foods Corporation

Hormel Foods Corporation
NYSE: HRL
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 NEWS FROM THE WIRES
RESEARCH ALERT-Prudential downgrades Hormel to hold
Aug 16 2001 08:57 AM PDT

RESEARCH ALERT-Prudential downgrades Hormel to hold
Aug 16 2001 08:57 AM PDT

Bayer rejects govt criticism of Baycol info policy
Aug 16 2001 08:42 AM PDT

Hormel says Q4 earnings may miss forecasts
Aug 16 2001 08:40 AM PDT

Hormel says Q4 earnings may miss forecasts
Aug 16 2001 08:40 AM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
The News Gods Aren't Crazy, Just Desperate
May 31 2001 08:15 AM PDT

Hey, Big Spender
Feb 28 2000 12:00 AM PST

 PROFILE
Now that Hormel Foods has stocked its pantry with ethnic convenience foods, can we look forward to SPAM enchiladas or SPAM curry? Along with its best-known canned "spiced ham," SPAM, Hormel is the nation's #1 turkey processor and a major pork processor, making Jennie-O turkey products, Cure 81 hams, and Always Tender fresh pork, as well as canned Stagg chili and Dinty Moore beef stews. The company has expanded into value-added food products such as Chi-Chi's Mexican foods and House of Tsang sauces. Hormel has joint ventures in Australia, China (the biggest market for pork in the world), Mexico, and the Philippines. The Hormel Foundation, a charitable trust, owns 46% of the company's stock.

 COMPETITION
ConAgra Foods, Inc. (CAG)
IBP, inc. (IBP)
Smithfield Foods, Inc. (SFD)

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 FINANCIAL OVERVIEW
Fiscal Year-End: October
2000 Sales (mil.): 3,675.10
1-Yr. Sales Growth: 9.4%
Employees: 12,200
Revenue per employee: $301,237.70

 KEY PEOPLE
• Joel W. Johnson
    CEO
• Michael J. McCoy
    CFO

 CONTACT INFO
1 Hormel Place
Austin, MN 55912
US
Phone: 507-437-5611
Fax: 507-437-5489
Online: Web Site

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