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Company Profiles: Revenue, Growth, Competition

HORMEL FOODS Revenue, Growth & Competitor Profile

DBA HORMEL
Last updated:

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public company
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Big Fish
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Patent/Trademark IP
 

Company Profile & Annual Report for Hormel Foods

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Hormel Foods Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry311611 Animal Slaughtering
Additional NAICS Codes31161
Address1 Hormel Pl
Austin, MN 55912

hormelfoods.com


Hormel Foods's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Animal Slaughtering industry.


Hormel Foods's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

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 Details in Premium Report
2022
2021
2020
2019


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

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.


Recession Risk

Determine whether Hormel Foods grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Hormel Foods is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Animal Slaughtering

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



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 HeadquartersRevenue ($ MM)
SCHENK PACKINGStanwood, WA100 
VERMONT PACKINGHOUSENorth Springfield, VT32 




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 HeadquartersRevenue ($ MM)
HORMEL FOODSAustin, MN100 
ROCHESTER MEATRochester, MN23 
WATKINSWinona, MN7 
REICHEL FOODSRochester, MN4 
STAGGEMEYER STAVECaledonia, MN2 
PRESTON PROTEIN PRODUCTSPreston, MN1 
FISH HOUSE DRESSING DBA JIMMY'S SALAD DRESSINGStewartville, MN1 




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.

CompanyRevenue ($ MM)
Hormel Foods Competitors