Hormel Foods, headquartered in Austin, Minnesota, manufactures and markets branded food products across Retail, Foodservice, and International segments, employing 20,000 staff. Key offerings include Hormel Black Label bacon, Hormel chili, and Applegate products.
HRL has been in the news recently: Whole Foods employees in Philadelphia successfully voted to unionize, becoming the first group at the Amazon-owned grocery chain to achieve this since its acquisition in 2017. Smithfield Foods, Inc. is set to launch an initial public offering of over 26 million shares on Nasdaq, trading under the ticker "SFD" starting January 28, 2025.
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