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Hormel Foods (HRL) is a global producer and marketer of branded meat and food products. Founded in 1891, the company is headquartered in Austin, Minnesota. Hormel Foods' business is structured into five divisions: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, Specialty Foods and International & Other. The company markets in all the 50 US states, as well as in more than 75 countries worldwide, with a strong presence in China, Australia, Japan, South Korea and the Philippines. Since 20 September 1928 Hormel Foods has been publicly traded on the New York Stock exchange (NYSE). Follow Capital.com to monitor real-time Hormel Foods share price chart.
The last of the Magnificent Seven have reported, delivering mixed results. Meanwhile, according to FactSet, the S&P 500 is set for negative earnings growth for Q4, with estimates for the next quarter also downgraded.
14:43, 2 February 2024
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