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Company:  HORMEL FOODS CORP /DE/ (HRL)
Form Type:  5
Filing Date:  12/6/2018 
CIK:  0000048465 
Address:  1 HORMEL PL 
City, State, Zip:  AUSTIN, Minnesota 55912-3680 
Telephone:  (507) 437-5611 
Fiscal Year:  10/28 
Last Trade
Last Trade: 
$43.20  
Change: 
0.15 (0.35%)  
Trade Time: 
Feb 15  
Market Cap: 
$23.09B
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Description of Business
Hormel Foods Corporation, a Delaware corporation (the Company), was founded by George A. Hormel in 1891 in Austin, Minnesota, as Geo. A. Hormel & Company. The Company started as a processor of meat and food products and continues in this line of business. The Company's name was changed to Hormel Foods Corporation on January 31, 1995. The Company is primarily engaged in the production of a variety of meat and food products and the marketing of those products throughout the United States and internationally. Although pork and turkey remain the major raw materials for its products, the Company has emphasized for several years the manufacturing and distribution of branded, value-added consumer items rather than the commodity fresh meat business. The Company has continually expanded its product portfolio through organic growth, new product development, and acquisitions.