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295 - Hormel Foods

Jars of Skippy Peanut Butter roll down the line at a factory in little rock. Hormel bought skippy in 2013. Since the end of 2013, the no. 2 peanut butter brand’s U.S market share has grown from 16.6% to 18.6%. Photograph by Floto + Warner for Fortune Magazine

The food company based in Austin, Minn. has a portfolio of brands that includes Spam, Muscle Milk, and Dinty Moore.

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Key Metrics & Financials (Last Fiscal Year)

Revenues ($M)$9523
Revenue Percent Change2.8%
Profits ($M)$890.1
Profits Percent Change29.7%
Assets ($M)$6370
Market Value — as of March 31, 2017 ($M)$18,316
Employees21,100
Previous Rank304

Company Facts

Employees21,100
SectorFood, Beverages & Tobacco
IndustryFood Consumer Products
HQ LocationAustin, MN
CEOJames P. Snee
CEO Title-
Websitewww.hormelfoods.com
Years on Fortune 500 List23

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