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BNET Industries

Hormel Foods Corp. (HRL) is in the Food Industry

Revenue
Oct 28 2007
$6.1B
Profit
Oct 28 2007
$301.8M
Market Cap
Nov 28 2008
$3.5B

Latest News and Analysis

Additional Resources

  • Research and Markets Adds Report: Analysis of Hormel Foods

    FOOD AND BEVERAGE CLOSE-UP-8 June 2009-Research and Markets Adds Report: Analysis of Hormel FoodsC2008 - CloseUpMedia - newsdesk@closeupmedia.com Research and Markets has announced the addition of Analysis of Hormel Foods to its offerings. In a release, Research and Markets noted that report highlights...

    Articles 2009-06-08

  • Hormel Foods Increases Annual Dividend

    AUSTIN, Minn. -- The Board of Directors of Hormel Foods Corporation (NYSE:HRL), a multinational marketer of consumer-branded food and meat products, today announced its 43rd consecutive annual dividend increase. The annual dividend on the common stock of the corporation was raised to $.76 per share from $.74 per...

    Articles 2008-11-25

  • Hormel Foods Reports Fourth Quarter and Full Year Results

    AUSTIN, Minn. -- Hormel Foods Corporation (NYSE: HRL) today reported its performance for the fiscal 2008 fourth quarter and full year. HIGHLIGHTS Fourth Quarter * Diluted EPS of $.50, down 32 percent from $.73 per share in 2007 ($.70 excluding the sale of assets)...

    Articles 2008-11-25

  • Hormel Foods Corporation Fourth Quarter Earnings Conference Call

    Tuesday, November 25, 2008 AUSTIN, Minn. -- Hormel Foods Corporation (NYSE: HRL) invites you to participate in a conference call with chairman of the board, president and chief executive officer, Jeffrey M. Ettinger, and senior vice president and chief financial officer, Jody H. Feragen, to discuss the company's...

    Articles 2008-11-11

  • New Web Site Launched for Hormel Brand

    Corporation's largest brand gets its first dedicated Web site AUSTIN, Minn. -- Hormel Foods Corporation (NYSE: HRL) has launched its first Web site dedicated to the company's Hormel brand--www.hormel.com. Designed as an interactive kitchen, consumers have the ability to interact with the Hormel brand and discover...

    Articles 2008-11-03

  • Manager fired over pig abuse

    DES MOINES, Iowa -- A company said it fired the manager of an Iowa hog farming operation where workers were videotaped abusing pigs and six were charged this week with crimes. The announcement by MowMar Farms, based in Fairmont, Minn., followed a decision by the Greene County...

    Articles 2008-10-24

  • Americans Increasingly Concerned about Food Prices, U.S. Ethanol Policy, According to The 2008 Hormel Hunger Survey

    Nearly six of 10 say they have had to cut back quantity or quality of food AUSTIN, Minn. -- Nearly six out of 10 Americans say they have had to cut back on the quantity or quality of food they buy because of increasing prices, according to The...

    Articles 2008-10-23

  • AE Biofuels Appoints Former USDA Secretary John Block to Board of Directors

    Industry Leader Adds Expertise to Next-Generation Biofuels Company CUPERTINO, Calif. -- AE Biofuels, Inc. (OTCBB:AEBF), a vertically integrated biofuels company, today announced the appointment of John R. Block to the company's board of directors. Mr. Block served as Secretary of the US Department of Agriculture USDA from 1981...

    Articles 2008-10-22

  • Hormel Foods Revises Outlook for Fiscal Year 2008

    AUSTIN, Minn. -- Hormel Foods Corporation (NYSE: HRL), a multinational marketer of consumer-branded meat and food products, today said it is lowering its expectation for fiscal 2008 earnings. "The recent decline in global financial markets has negatively impacted our rabbi trust investment performance. This is one factor that...

    Articles 2008-10-20

  • Hormel Foods Specialty Products Division launched www.hormeleterna.com

    Hormel Foods Specialty Products Division launched www.hormeleterna.com, a new website for promoting its nutraceutical products...

    Articles 2008-10-01

  • Hormel Foods Announces Executive Retirements and Advancements

    Retirees have combined service of more than 185 years AUSTIN, Minn. -- Hormel Foods Corporation (NYSE: HRL) today announced the retirements of Gary J. Ray, president of protein business units, and Russell C. Potter, vice president of operations for the company's grocery products division, effective Dec. 31, 2008....

    Articles 2008-09-23

  • Hormel Foods Corporation Declares Quarterly Dividend

    AUSTIN, Minn. -- The Board of Directors of Hormel Foods Corporation (NYSE:HRL), an Austin, Minn.-based manufacturer and marketer of consumer-branded food and meat products, has declared a regular quarterly dividend of eighteen and one-half cents (18.5) per share on the common capital stock of the corporation. The dividend...

    Articles 2008-09-23

  • Farm 'outraged' at abuse of pigs

    DES MOINES, Iowa -- The operators of a farm where workers were secretly videotaped abusing pigs said Thursday they were launching an investigation and those responsible would be fired. MowMar LLP of Fairmont, Minn., said in a statement that it is "surprised and outraged" by the actions...

    Articles 2008-09-19

  • page 1 of 1
  • Incorporated: 1928
  • CEO: Mr. Jeffrey M. Ettinger

Hormel Foods is engaged in the production of a range of meat and food products and the marketing of those products throughout the U.S. and internationally. Although pork and turkey remain the major raw materials for its products, Co. has emphasized for several years the manufacture and distribution of branded, consumer packaged items rather than the commodity fresh meat business. As of Oct 28 2007, Co. operated in five segments: grocery products, refrigerated foods, Jennie-O Turkey store, Specialty foods and all other. Co.'s meat products are sold fresh, frozen, cured, smoked, cooked, and canned.

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Hormel Foods Corp. Company Info

Board of Directors

Mr. Jeffrey M. Ettinger

Chairman

Mr. Gary J. Ray

Dr. Hugh C. Smith

Mr. John G. Turner

Ms. Jody H. Feragen

Mr. Terrell K. Crews

Ms. Luella Gross Goldberg

Ms. Susan I. Marvin

Mr. John L. Morrison

Dr. Elsa A. Murano

Mr. Robert C. Nakasone

Mr. Ronald D. Pearson

Mr. Dakota A. Pippins

Contact Information

1 Hormel Place

Austin, MN

http://www.hormel.com

507 437-5611

NAICS Code

Animal (except Poultry) Slaughtering: 311611
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