Hormel Foods Corporation operates in the Meat packing plants sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hormel Foods with three other
meat producers and packers in North America:
Leucadia National Corporation
sales of $10.03 billion
of which 70%
was Beef Processing Services),
Bridgford Foods Corporation
of which 67%
was Refrigerated and Snack Food Products), and
Maple Leaf Foods Inc
based in Canada
(3.33 billion Canadian Dollars [US$2.62 billion]
of which 100%
was Meat Products Group).
Hormel Foods reported sales of $9.52 billion
October of 2016.
increase of 2.8%
versus 2015, when the company's sales were $9.26 billion.
Sales of Jennie-O Turkey Store saw an increase
that was more than double the company's growth rate: sales were up
6.4% in 2016, from
$1.64 billion to $1.74 billion.
Hormel Foods also saw significant increases in sales in
Refrigerated Foods (up 6.3% to $4.65 billion)
Grocery Products (up 4.1% to $1.68 billion)
Not all segments of Hormel Foods experienced an increase in sales in 2016:
sales of Specialty Foods fell 14.9% to $939.13 million.
Hormel Foods also experienced decreases in sales in
All Other (down 4.4% to $511.19 million)