Hormel Foods 2014 Annual Report Download - page 12

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10 foods for the way we live
at a glance
Refrigerated Foods
No matter the eating occasion, the Refrigerated Foods
line-up of products has the brands to deliver flavor,
value, and convenience. Trusted brands include all-
natural Hormel® Natural Choice® deli meats, Hormel®
Cure 81® hams, Hormel® pepperoni, Hormel® REV®
wraps, Hormel® refrigerated entrees, Hormel® side
dishes, Hormel® Black Label® bacon, Hormel® party
trays, and Lloyd’s® barbeque ribs. By providing con-
sumers and foodservice operators with high quality
and flavorful options, our refrigerated foods always
bring a little something extra to the table.
2014 Net sales: $4,644.2 million (50% of total)
2014 Operating profit: $338.0 million (35% of total)
Our balanced business model is the strategy behind the continuing success of Hormel
Foods. Through five segments—Grocery Products, Refrigerated Foods, Jennie-O Turkey
Store, Specialty Foods, and International & Other—we are able to navigate changes in
the industry and market conditions and provide a wide array of delicious and convenient
meal and snacking solutions for customers, foodservice operators, and consumers
around the globe.
Grocery Products
Our Grocery Products portfolio features some of
America’s favorite and most trusted brands, offering
convenient, delicious foods for every meal opportunity.
Items such as SKIPPY® peanut butter, Hormel® chili,
the SPAM® family of products, Hormel® Compleats®
microwaveable meals, Hormel® bacon toppings, and
Hormel® Mary Kitchen® hash are included in this seg-
ment’s portfolio along with Herdez® and CHI-CHI’S®
salsas and foods and Wholly Guacamole® dips.
2014 Net sales: $1,558.3 million (16% of total)
2014 Operating profit: $195.1 million (20% of total)