Austin, Minnesota-based Hormel Foods Corporation (HRL) is a leading manufacturer as well as marketer of various meat and food products. It develops and distributes various meat, nuts, and other food products to retail, foodservice, and commercial customers. With a market cap of $12.4 billion, Hormel Foods operates in various countries across the globe through its Retail, Foodservice, and International segments.
The packaged foods major has substantially underperformed the broader market over the past year. Hormel Foods' stock prices have plummeted 29% on a YTD basis and 26.7% over the past 52 weeks, compared to the S&P 500 Index’s ($SPX) 16.5% gains in 2025 and 14.5% returns over the past year.
