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: Hormel Foods, while not directly mentioned in the article, operates in the same industry as Tyson Foods, which experienced a 9% drop in shares due to missed sales estimates and declining beef demand. Additionally, Amylu Foods, a relevant entity, has introduced certified Organic Chicken Sausages available at various grocery stores.
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