Austin, Minnesota-based Hormel Foods Corporation (HRL) is a leading manufacturer as well as marketer of various meat and food products. It develops and distributes various meat, nuts, and other food products to retail, foodservice, and commercial customers. With a market cap of $12.4 billion, Hormel Foods operates in various countries across the globe through its Retail, Foodservice, and International segments. The packaged foods major has substantially underperformed the broader market over the past year ...