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Hormel Foods Cuts Organic Sales Growth Outlook to 1-2%

The Wall Street Journal +2 ·

HRL
HRL Hormel Foods Corp
$23.71 -0.29%
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  1. 1Hormel Foods (HRL) lowers annual organic net sales growth outlook to 1-2% on turkey and snack pressure
  2. 2Cut from prior 1-4%. Raises adjusted operating income to $1.08B-$1.12B and adjusted EPS to $1.45-$1.51
  3. 3Q3 net sales fell 2.4% to $2.96B. Diluted EPS guidance lowered to $1.06-$1.12

This 3-line summary is compiled from the report below.

The Wall Street Journal +2 View original ↗
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