Companies

Hormel Foods

Food and beverageAustin, MinnesotaHRLAbout 20,000 employees

More about Hormel Foods

Packaged food company making branded meat, snack and prepared foods for grocery stores and foodservice

Revenue
$12.11B
Fiscal 2025 (ended October 2025), up 1.6%
Employees
About 20,000
As of October 2025
Stock
HRL
New York Stock Exchange
Headquarters
Austin, Minnesota
CEO
Jeff Ettinger
Interim since July 2025; John Ghingo becomes CEO October 26, 2026
BrandsHormel, SPAM, Skippy, Jennie-O, Planters, Applegate
Current strategyCutting costs and modernizing operations through its Transform and Modernize initiative and data and technology upgrades
Recent workforce changesAbout 250 corporate and sales roles cut under a restructuring announced in November 2025
CompetitorsTyson Foods, Conagra Brands, Kraft Heinz

Checked October 11, 2026 · Sources: sec.gov, sec.gov (2), sec.gov (3)

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