Name | Value |
---|---|
Revenues | 2,988.8M |
Cost of Revenue | 2,513.6M |
Gross Profit | 475.2M |
Operating Expense | 246.9M |
Operating I/L | 228.3M |
Other Income/Expense | -10.3M |
Interest Income | 9.2M |
Pretax | 218.1M |
Income Tax Expense | 47.5M |
Net Income/Loss | 170.6M |
Hormel Foods Corporation is a leading producer and distributor of meat, nuts, and food products, serving retail, foodservice, deli, and commercial customers globally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other. Its offerings include a wide range of perishable and shelf-stable products, such as fresh meats, sausages, canned luncheon meats, nut butters, and microwaveable meals. Hormel also processes and markets branded and unbranded pork, beef, poultry, and turkey products, along with nutritional food products, supplements, and industrial gelatin products.