With a market cap of $11.5 billion, Hormel Foods Corporation (HRL) is a global branded food company. The company owns a broad portfolio of well-known brands, including Planters, Skippy, SPAM, Hormel Natural Choice, Applegate, Wholly, Hormel Black Label, Columbus, and Jennie-O, along with more than 30 other brands.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Hormel Foods fits this criterion perfectly, exceeding the mark. Hormel Foods has also received recognition for its workplace culture, corporate responsibility, and community service efforts from organizations including U.S. News & World Report, Newsweek, and TIME.