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Hormel Foods - SWOT AnalysisPublished by: Datamonitor Published: Jul. 2, 2008 - 30 Pages Table of Contents
AbstractDatamonitor's Hormel Foods SWOT Analysis company profile is the essential source for top-level company data and information. The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.Hormel Foods Corporation (Hormel Foods) is a multinational manufacturer and marketer of consumer-branded meat and food products. In addition, the company also manufactures and distributes branded, value-added consumer items. The company operates in the US, Australia, China, Canada, Japan, Korea, Mexico, the Philippines and Vietnam. It is headquartered in Austin, Minnesota and employed about 18,500 people as of October 28, 2007. The company recorded revenues of $6,193 million during the fiscal year ended October 2007 (FY2007), an increase of 7.8% over FY2006. The operating profit of the company was $483.9 million during FY2007, an increase of 7.4% over FY2006. The net profit was $301.9 million in FY2007, an increase of 5.5% over FY2006. Scope of the Report
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