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Hormel Foods (WBO:HRL) Payments to Suppliers for Goods and Services


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What is Hormel Foods Payments to Suppliers for Goods and Services?

Payments to Suppliers for Goods and Services only applicable to companies reporting Cash Flow from Operations in direct method.

Hormel Foods (WBO:HRL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Hormel Foods Corp (WBO:HRL) » Definitions » Payments to Suppliers for Goods and Services
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Traded in Other Exchanges
HRL:USA HRL:Mexico HO7:Germany HO7:Germany H1RL34:Brazil
Address
1 Hormel Place, Austin, MN, USA, 55912-3680
Website
https://www.hormelfoods.com
Historically meat-focused, Hormel Foods broadened its lineup to include other protein offerings and become a branded food company. The firm sells its wares through multiple channels, including U.S. retail (64% of fiscal 2023 sales), U.S. food service (30%), and international (6%). By product, 53% of fiscal 2022 sales were from perishable food, 27% from shelf-stable, 17% from poultry, and 3% from other products. Major brands include Hormel, Spam, Jennie-O, Columbus, Applegate, Planters, and Skippy. Many of these hold the number one or two market share in their respective categories.