HORMEL FOODS CORP /DE/

"Sales to the Company's largest customer, Walmart Inc. and its subsidiaries (Walmart), accounted for 15.6 percent of consolidated gross sales less returns and allowances during fiscal 2025."

"Per XBRL (Segment Reporting - Revenues by Geographic Locations (Details)): U.S represented 94.5% of disclosed total revenue."

"No single-source supplier dependency was detected in the most recent filing parsed."

"No product concentration disclosure was detected in the most recent filing parsed."

"As of October 26, 2025, and October 27, 2024, one customer accounted for more than 10 percent of net accounts receivable."