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Blue Chip Growth

Stock Report: Hormel Foods Corporation (HRL) Report Updated: Apr 14, 2014 | Print This Page

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Hormel Foods Corporation (HRL)

Rating: Hold Volatility: Conservative
Total Grade: C Industry: Food Products
Competitors: PF, TSN, GMK, BDBD
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Company Profile

Hormel Foods Corporation engages in the production and marketing of various meat and food products. Its meat products include fresh, frozen, cured, smoked, cooked, and canned meat. The company provides perishable meat products, which comprise fresh meats, refrigerated meal solutions, sausages, hams, wieners, and bacon; poultry products; and shelf-stable products, such as canned luncheon meats, shelf-stable microwaveable entrees, stews, chilies, hash, meat spreads, flour and corn tortillas, salsas, and tortilla chips. It also offers nutritional food products and supplements, sugar and sugar substitutes, creamers, salt and pepper products, sauces and salad dressings, dessert and drink mixes, and industrial gelatin products; and frozen and fresh Mexican appetizers, snacks, and hand-held items. Hormel Foods Corporation sells its products through sales personnel, as well as through independent brokers and distributors to the retail and foodservice customers primarily in the United States, Australia, Canada, the People’s Republic of China, England, Japan, Mexico, Micronesia, the Philippines, and South Korea. The company was formerly known as George A. Hormel & Company and changed its name to Hormel Foods Corporation in January 1995. Hormel Foods Corporation was founded in 1891 and is based in Austin, Minnesota.

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