HRL
NYSE · Consumer Defensive · Packaged Foods · US
Hormel Foods Corporation (NYSE:HRL) is a multinational food processing company founded in 1891 and headquartered in Austin, Minnesota. Originally established as Geo. A. Hormel & Company, the company changed its name to Hormel Foods Corporation in 1995. With over 130 years of history, Hormel has evolved from a small-town meat packer into a diversified food company that develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers across the United States and internationally. The company is known for iconic brands like SPAM, SKIPPY, Planters, and Jennie-O, and has maintained a remarkable track record of 59 consecutive years of dividend increases.