Halal Rating :
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Last Price $30.49 Last updated:
Market Cap $18.68b
7D Change -0.52%
1 Year Change -0.52%

Company Overview

  • Consumer Non-Durables
  • Food: Meat/Fish/Dairy
  • Manufacturing
  • Animal (except Poultry) Slaughtering
Exchange NYSE
Next Earnings Date Feb. 29, 2024

Hormel Foods Corporation is an American company founded in 1891 in Austin, Minnesota, by George A. Hormel as George A. Hormel & Company. Originally focusing on the packaging and selling of ham, Spam, sausage and other pork, chicken, beef and lamb products to consumers; by the 1980s, Hormel began offering a wider range of packaged and refrigerated foods.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
April 28, 2024 $2.87b $2.95b $13.5m $21.68m 0.47% 0.74%
Jan. 28, 2024 $2.98b $3.0b $19.43m $18.33m 0.65% 0.61%
Oct. 29, 2023 $3.18b $3.25b $5.87m $18.36m 0.18% 0.56%

Company Impact

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Justification for our Halal Rating

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