Hormel Foods Revenue, Growth & Competitor Profile

DBA HORMEL

Company Profile & Annual Report for Hormel Foods

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Hormel Foods Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	311611 Animal Slaughtering
Address	1 Hormel Place Austin, MN 55912

Hormel Foods's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Hormel Foods's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Hormel Foods is classified as operating in the Animal Slaughtering industry, NAICS Code 311611.

Hormel Foods is a publicly traded company on NYQ using the ticker symbol HRL. Detailed information on company financials and operating reports can be found here: NYQ: HRL

Hormel Foods Annual Revenue and Growth Rate

Hormel Foods	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Hormel Foods's revenues are gauged from an analysis of company filings.

Trademark Applications

Trademark applications show the products and services that Hormel Foods is developing and marketing. Hormel Foods's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
SQUARE TABLE Meat	01/23/2024
COCKTAIL Prepared nuts; Processed nuts	02/02/2022
NUT-RITION Prepared nuts; Processed nuts; Snack mix consisting primarily of processed fruits, processed nuts and/or raisins	02/02/2022

See all trademarks and details in the Full Report.

Market Share of Hormel Foods's Largest Competitors

A competitive analysis shows these companies are in the same general field as Hormel Foods, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
PREMIUM IOWA PORKLLC	Hospers, IA	100
LYNCH BBQ	Waucoma, IA	57
NOAH'S ARK PROCESSORS	Dawson, MN	43
OWB PACKERS	Brawley, CA	29
SCHENK PACKING	Stanwood, WA	22
MANNING'S BEEF	Pico Rivera, CA	20
ROYAL FOODS	Pell City, AL	16
BEYER & FUNDERBURGH LIMITED	Dublin, TX	16
RAANDOM	Covina, CA	16

Nearby Competitors

These companies are similar in business line and location to Hormel Foods. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
HORMEL FOODS	Austin, MN	100
ROCHESTER MEAT	Rochester, MN	23
NEW ROCHESTER MEAT	Rochester, MN	13
SNO PAC FOODS	Caledonia, MN	10
WATKINS	Winona, MN	7
REICHEL FOODS	Rochester, MN	4
STAGGEMEYER STAVE	Caledonia, MN	2
PRESTON PROTEIN PRODUCTS	Preston, MN	1
FISH HOUSE DRESSING DBA JIMMY'S SALAD DRESSING	Stewartville, MN	1

Future Competition: Hormel Foods's Fastest Growing Competitors

These companies are in the same general field as Hormel Foods and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)