Hormel Foods (NYSE: HRL) is a publicly listed company headquartered in Austin, Minnesota, United States that owns 8 consumer brands, and has 4 recorded transactions.[1][2]
Hormel Foods was founded in Austin, Minnesota in 1891 as a pork processor and is best known for Spam, which it invented in 1937. The Hormel Foundation holds a controlling block of shares, an arrangement set up to keep the company independent and headquartered in its home town.
Read from Hormel Foods's latest annual filing[1]. Each line gives the sentence the filing uses, copied word for word.
The Company currently operates with the following three reportable segments: Retail, Foodservice, and International.
The Company has made several acquisitions, joint ventures, equity investments, and divestitures in recent years, including the purchase of a minority interest in Garudafood in fiscal 2023 and the divestitures of Hormel Health Labs, LLC in fiscal 2024 and Mountain Prairie, LLC in fiscal 2025.
In fiscal 2024, the Company received $25 million from the sale of Hormel Health Labs.
In the first quarter of fiscal 2025, the Company sold Mountain Prairie, LLC, a non-core sow operation, resulting in a loss on the sale.
Proceeds from the sale of business were $13 million during fiscal 2025, primarily from the sale of the Company's equity interest in Mountain Prairie, LLC.
Headline figures from Hormel Foods's annual reports filed with the US Securities and Exchange Commission, in USD as reported, fiscal years ending 2020–2025.
| Fiscal year ended | Revenue | Operating income | Operating margin | Net income | Total assets | Long-term debt | Filing |
|---|---|---|---|---|---|---|---|
| — | $718.6m | — | $478.2m | $13.4bn | $2.85bn | 10-K | |
| — | $1.07bn | — | $805m | $13.4bn | $2.85bn | 10-K | |
| — | $1.07bn | — | $793.6m | $13.4bn | $2.36bn | 10-K | |
| — | $1.31bn | — | $1000m | $13.3bn | $3.29bn | 10-K | |
| — | $1.12bn | — | $908.8m | $12.7bn | $3.32bn | 10-K | |
| — | $1.1bn | — | $908.1m | $9.91bn | $1.04bn | 10-K |
Source: SEC XBRL company facts. A dash means the company did not report that line in a form we could read. Figures for a year can be restated in a later filing; the latest filing's number is shown.
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Full-screen interactive tree → · Download as infographic
Full portfolio, 8 brands, with sources → · Competitors by shared categories →
Hormel bought the Planters nut business from Kraft Heinz, which was selling non-core brands to reduce debt after the failure of its cost-cutting strategy. It was the largest acquisition Hormel had made.
Hormel acquired Columbus Manufacturing for about $850 million, buying a San Francisco maker of salami and Italian-style deli meats founded by an immigrant family in 1917. It gave Hormel a premium delicatessen business sold at the counter rather than from the shelf.
Hormel acquired Applegate Farms for about $775 million. Applegate sells meat raised without antibiotics and free from artificial ingredients, claims it had built a business on well before they were common, and it continues to source from independent farms rather than from its parent's supply chain.
Hormel acquired Skippy from Unilever for about $700 million, buying the second largest peanut butter brand in the United States. Unilever had held it since taking over Bestfoods in 2000 and was narrowing its food portfolio; Hormel was broadening beyond tinned meat.
The Global Legal Entity Identifier Foundation (GLEIF) keeps an open register of legal entities. Each entity reports its own parents. We show it as a cross-check on the ownership recorded on this page, which is built from filings.
The documents behind the figures on this page, as listed in the SEC's EDGAR index. Each links to the filing itself.
| Filed | Form | What it declares |
|---|---|---|
| 8-K | Entry into a material agreement; Regulation FD disclosure | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers | |
| 8-K | Departure or appointment of directors or officers | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 10-Q | Quarterly report | |
| 8-K | Results of operations and financial condition | |
| 8-K | Results of operations and financial condition | |
| 8-K | Departure or appointment of directors or officers; Results of a shareholder vote | |
| 8-K | Results of operations and financial condition | |
| 8-K | Costs of exit or disposal activities; Regulation FD disclosure |
5 recall notices from government regulators matched to Hormel Foods. Each applies to the specific products, sizes and lot codes named in the notice, not to every product sold under the name.
Reason given: Product Contamination
Recalling firm: Hormel Foods Corporation
Reason given: Product Contamination
Recalling firm: Hormel Foods Corporation · Brand: Dinty Moore
Reason given: Possible contamination with Listeria monocytogenes
Recalling firm: Hormel Foods Corporation · Brand: Planters
Reason given: Possible contamination with Listeria monocytogenes
Recalling firm: Hormel Foods Corporation · Brand: Planters
Reason given: Misbranding; Unreported Allergens
Recalling firm: Hormel Foods
Matched automatically from FDA, USDA FSIS, UK Food Standards Agency and CPSC records only when the recalling firm corresponds to this ownership record and, for a brand, the brand name appears in the product description. Check the linked notice for exact products and lots. Method.
Hormel Foods owns 8 consumer brands tracked here, including Columbus, Wholly, Spam, Applegate, Jennie-O and Planters.
Yes. Hormel Foods is headquartered in Austin, Minnesota, United States and was founded in 1891.
Hormel Foods is a publicly listed company owned by its shareholders; it trades as HRL on the NYSE.
The most recent completed acquisition recorded here is Planters on 7 June 2021.
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
Report a correction Opens a pre-filled GitHub issue. See our corrections policy.
Brandtree needs to remember this choice and does not set any other cookie unless you accept.
If you choose “Accept all”, we also use Google Analytics cookies to count visits and see which pages help, so we can improve the site.
If you choose “Accept required”, no analytics cookie is set. Google Analytics still receives a cookieless ping with the page address and your IP address. No advertising is used either way. Privacy policy