# HORMEL FOODS CORP /DE/

Summary updated: 2026-10-02T13:04:06.643914Z
Canonical: https://finbar.com/research/companies/hormel-foods-corp-de

## Overview

Hormel Foods Corporation is a U.S.-based global branded food company that produces, markets, and sells meat and other food products. Its portfolio includes brands such as SPAM, Planters, Jennie-O, SKIPPY, and Applegate. The company serves consumers and institutional customers through Retail, Foodservice, and International businesses, with operations and sales in the United States and international markets. [1](https://app.finbar.com/go?id=P59576079)[2](https://app.finbar.com/go?id=P14414175)[3](https://app.finbar.com/go?id=P79693633)[4](https://www.hormelfoods.com/about/our-family/hormel-foods-international/)

Founded in Austin, Minnesota, in 1891, Hormel reported net sales of $12.1 billion for fiscal 2025 and more than 18,000 employees worldwide. Its stated purpose is “Fueling every day with real food for real life.” [1](https://app.finbar.com/go?id=P59576079)[5](https://investor.hormelfoods.com/news-and-events/news/news-details/2025/HORMEL-FOODS-REPORTS-FOURTH-QUARTER-AND-FULL-YEAR-FISCAL-2025-RESULTS/default.aspx)[6](https://www.hormelfoods.com/about/our-company/)[7](https://www.hormelfoods.com/about/our-values/)
[1](https://app.finbar.com/go?id=P59576079)[2](https://app.finbar.com/go?id=P14414175)[3](https://app.finbar.com/go?id=P79693633)[4](https://www.hormelfoods.com/about/our-family/hormel-foods-international/)[5](https://investor.hormelfoods.com/news-and-events/news/news-details/2025/HORMEL-FOODS-REPORTS-FOURTH-QUARTER-AND-FULL-YEAR-FISCAL-2025-RESULTS/default.aspx)[6](https://www.hormelfoods.com/about/our-company/)[7](https://www.hormelfoods.com/about/our-values/)

## Products & services

Hormel Foods sells a broad range of branded, value-added foods, including meat, nuts and other food products. Its portfolio includes SPAM canned meat, Planters snack nuts and mixes, Jennie-O turkey, Applegate natural and organic prepared meats and cheese, Hormel Black Label bacon, and Hormel Compleats microwave-ready meals. Other named brands include Hormel pepperoni, Fontanini Italian meats, Austin Blues smoked meats, Wholly products and Skippy. [8](https://www.hormelfoods.com/brand/spam-brand/) [9](https://www.hormelfoods.com/brand/planters-brand/) [10](https://www.hormelfoods.com/about/our-family/jennie-o-turkey-store/) [11](https://www.hormelfoods.com/about/our-family/applegate-farms-llc/) [12](https://www.hormelfoods.com/brand/hormel-black-label-bacon-products/) [13](https://www.hormelfoods.com/brand/hormel-compleats-products/) [1](https://app.finbar.com/go?id=P59576079) [14](https://app.finbar.com/go?id=P37986961)

For foodservice customers—including restaurants, hospitality, healthcare, schools, universities and convenience stores—the company offers prepared proteins, bacon, pepperoni, turkey and customized product solutions. Its pizza-topping range includes more than 200 pizza-ready proteins, such as pepperoni, sausage, bacon, chicken, beef and ham. One Hormel Performance Pepperoni specification is 16 slices per ounce in a 2 × 5 lb format, with lay-flat slices designed to resist cupping, charring and grease-out. [15](https://app.finbar.com/go?id=P90220839) [16](https://app.finbar.com/go?id=P49557991) [17](https://www.hormelfoodservice.com/products/pizza-toppings/) [18](https://www.hormelfoodservice.com/products/hormelr-pepperoni-16-slicesoz-25-lb/)

The reviewed financial disclosures report sales by segment rather than by individual product category. In the first nine months of fiscal 2026, Retail, Foodservice and International represented approximately 60.4%, 33.5% and 6.1% of net sales, respectively; these are segment shares, not product-category shares. [19](https://app.finbar.com/go?id=T18692337)
[1](https://app.finbar.com/go?id=P59576079)[14](https://app.finbar.com/go?id=P37986961)[15](https://app.finbar.com/go?id=P90220839)[16](https://app.finbar.com/go?id=P49557991)[19](https://app.finbar.com/go?id=T18692337)[19](https://app.finbar.com/go?id=T18692337)[19](https://app.finbar.com/go?id=T18692337)[19](https://app.finbar.com/go?id=T18692337)[8](https://www.hormelfoods.com/brand/spam-brand/)[9](https://www.hormelfoods.com/brand/planters-brand/)[10](https://www.hormelfoods.com/about/our-family/jennie-o-turkey-store/)[11](https://www.hormelfoods.com/about/our-family/applegate-farms-llc/)[12](https://www.hormelfoods.com/brand/hormel-black-label-bacon-products/)[13](https://www.hormelfoods.com/brand/hormel-compleats-products/)[17](https://www.hormelfoodservice.com/products/pizza-toppings/)[18](https://www.hormelfoodservice.com/products/hormelr-pepperoni-16-slicesoz-25-lb/)

## Geographic presence

Hormel Foods’ international presence includes Australia, Brazil, Canada, China, England, Indonesia, Japan, Mexico, the Philippines, Singapore, and South Korea. Its export distribution is primarily handled by third-party carriers, while its China operations use a company-operated delivery system; the company also has minority investments in food businesses in the Philippines and Indonesia. [20](https://app.finbar.com/go?id=P113457186)

For FY2025, the International segment reported $709.1 million in sales, approximately 5.9% of consolidated sales of $12,106.2 million. This segment is not a country-by-country sales breakdown: it includes international retail and foodservice, joint ventures, equity-method investments, royalties, and operations in China and Brazil. [21](https://app.finbar.com/go?id=P11619926)[22](https://app.finbar.com/go?id=T11750711) The FY2025 property table reports 14,384 domestic and 1,293 international in its stated area measure; listed international locations are China, Brazil, Indonesia, and Australia. Domestic property totals are largest in Minnesota, Iowa, and Wisconsin. [23](https://app.finbar.com/go?id=T5529068) Hormel’s Brazil Ceratti divestiture closed July 31, 2026, so Brazil is not a continuing company-operated geography after that date. [24](https://app.finbar.com/go?id=P160773144)
[20](https://app.finbar.com/go?id=P113457186)[21](https://app.finbar.com/go?id=P11619926)[22](https://app.finbar.com/go?id=T11750711)[23](https://app.finbar.com/go?id=T5529068)[24](https://app.finbar.com/go?id=P160773144)[25](https://www.sec.gov/Archives/edgar/data/48465/000004846525000076/fy2025hrlannualreport-ars.pdf)

## Business segments

For fiscal 2025, Hormel Foods reported three segments: Retail, Foodservice, and International. Retail primarily serves U.S. retail channels, including grocery, mass merchandisers, club stores, and e-commerce; it also includes the MegaMex Foods joint venture. Retail generated approximately 61.6% of consolidated net sales. [26](https://app.finbar.com/go?id=P7182767)[2](https://app.finbar.com/go?id=P14414175)[22](https://app.finbar.com/go?id=T11750711)

Foodservice primarily supplies distributors and operators in away-from-home channels, including restaurants, hospitality, healthcare, schools, colleges, and convenience stores. It accounted for approximately 32.6% of net sales. International sells Hormel products through retail and foodservice channels outside the U.S. and includes international joint ventures, equity-method investments, royalty arrangements, and operations in China and Brazil; it contributed approximately 5.9% of net sales. Percentages are calculated from reported FY2025 segment sales and rounded. [15](https://app.finbar.com/go?id=P90220839)[21](https://app.finbar.com/go?id=P11619926)[22](https://app.finbar.com/go?id=T11750711)
[26](https://app.finbar.com/go?id=P7182767)[2](https://app.finbar.com/go?id=P14414175)[22](https://app.finbar.com/go?id=T11750711)[15](https://app.finbar.com/go?id=P90220839)[21](https://app.finbar.com/go?id=P11619926)

## Company history

George A. Hormel founded Geo. A. Hormel & Company in Austin, Minnesota, in 1891. The company opened its first sales branch in Minneapolis in 1901 and developed what it describes as the world’s first canned ham in 1926. In the 1930s it introduced Dinty Moore beef stew and Hormel chili, followed by SPAM, whose first can came off the production line on July 5, 1937. [1](https://app.finbar.com/go?id=P59576079)[27](https://www.hormelfoods.com/about/our-history/)[28](https://www.hormelfoods.com/newsroom/news/origins-spam-celebrating-80-years-canned-meat/)

Hormel expanded into turkey products with its 1986 acquisition of Jennie-O Turkey Store, and later broadened its branded-food portfolio through the 2013 acquisition of SKIPPY peanut butter. [10](https://www.hormelfoods.com/about/our-family/jennie-o-turkey-store/)[29](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-to-acquire-iconic-skippy-peanut-butter-line/) Further acquisitions included Applegate Farms in 2015, Columbus Manufacturing in 2017, Sadler’s Smokehouse in 2020, and the Planters snacking business in 2021. [30](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-closes-acquisition-applegate/)[31](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-enhances-position-premium-authentic-deli-meats-acquisition-columbus-manufacturing-inc-maker-columbus-craft-meats/)[32](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-acquisition-of-sadlers-smokehouse-business/)[33](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-closing-of-acquisition-of-planters-snacking-business/)
[1](https://app.finbar.com/go?id=P59576079)[27](https://www.hormelfoods.com/about/our-history/)[28](https://www.hormelfoods.com/newsroom/news/origins-spam-celebrating-80-years-canned-meat/)[10](https://www.hormelfoods.com/about/our-family/jennie-o-turkey-store/)[29](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-to-acquire-iconic-skippy-peanut-butter-line/)[30](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-closes-acquisition-applegate/)[31](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-enhances-position-premium-authentic-deli-meats-acquisition-columbus-manufacturing-inc-maker-columbus-craft-meats/)[32](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-acquisition-of-sadlers-smokehouse-business/)[33](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-closing-of-acquisition-of-planters-snacking-business/)

## Sources

1. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P59576079)
2. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P14414175)
3. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P79693633)
4. [www.hormelfoods.com](https://www.hormelfoods.com/about/our-family/hormel-foods-international/)
5. [investor.hormelfoods.com](https://investor.hormelfoods.com/news-and-events/news/news-details/2025/HORMEL-FOODS-REPORTS-FOURTH-QUARTER-AND-FULL-YEAR-FISCAL-2025-RESULTS/default.aspx)
6. [www.hormelfoods.com](https://www.hormelfoods.com/about/our-company/)
7. [www.hormelfoods.com](https://www.hormelfoods.com/about/our-values/)
8. [www.hormelfoods.com](https://www.hormelfoods.com/brand/spam-brand/)
9. [www.hormelfoods.com](https://www.hormelfoods.com/brand/planters-brand/)
10. [www.hormelfoods.com](https://www.hormelfoods.com/about/our-family/jennie-o-turkey-store/)
11. [www.hormelfoods.com](https://www.hormelfoods.com/about/our-family/applegate-farms-llc/)
12. [www.hormelfoods.com](https://www.hormelfoods.com/brand/hormel-black-label-bacon-products/)
13. [www.hormelfoods.com](https://www.hormelfoods.com/brand/hormel-compleats-products/)
14. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P37986961)
15. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P90220839)
16. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P49557991)
17. [www.hormelfoodservice.com](https://www.hormelfoodservice.com/products/pizza-toppings/)
18. [www.hormelfoodservice.com](https://www.hormelfoodservice.com/products/hormelr-pepperoni-16-slicesoz-25-lb/)
19. [HORMEL FOODS CORP /DE/ — Full financial report (2026 Q 3)](https://app.finbar.com/go?id=T18692337)
20. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P113457186)
21. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P11619926)
22. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=T11750711)
23. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=T5529068)
24. [HORMEL FOODS CORP /DE/ — Full financial report (2026 Q 3)](https://app.finbar.com/go?id=P160773144)
25. [www.sec.gov](https://www.sec.gov/Archives/edgar/data/48465/000004846525000076/fy2025hrlannualreport-ars.pdf)
26. [HORMEL FOODS CORP /DE/ — Full financial report (2025 Y)](https://app.finbar.com/go?id=P7182767)
27. [www.hormelfoods.com](https://www.hormelfoods.com/about/our-history/)
28. [www.hormelfoods.com](https://www.hormelfoods.com/newsroom/news/origins-spam-celebrating-80-years-canned-meat/)
29. [www.hormelfoods.com](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-to-acquire-iconic-skippy-peanut-butter-line/)
30. [www.hormelfoods.com](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-closes-acquisition-applegate/)
31. [www.hormelfoods.com](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-enhances-position-premium-authentic-deli-meats-acquisition-columbus-manufacturing-inc-maker-columbus-craft-meats/)
32. [www.hormelfoods.com](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-acquisition-of-sadlers-smokehouse-business/)
33. [www.hormelfoods.com](https://www.hormelfoods.com/newsroom/press-releases/hormel-foods-announces-closing-of-acquisition-of-planters-snacking-business/)

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