Austin, Minnesota-based Hormel Foods Corporation (HRL) develops, processes, and distributes various meat, nuts, and other food products to foodservice, convenience store, and commercial customers in the United States and internationally. The company, valued at $10.9 billion, operates through three segments: Retail, Foodservice, and International.
HRL shares have lagged behind the broader market over the past year, declining 35.1% compared to the S&P 500 Index ($SPX) 25.2% surge. Moreover, in 2026, the stock has fallen nearly 16.3%, underperforming the SPX’s 9.6% rise.
