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

HRL Hormel Foods Corp

$20.40 +1.04%

View chart & analysis →

GAP -1.45% KSS -3.66%

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

Source The Wall Street Journal +7 · View original ↗

Today's 5 AI picks, all free

Nothing hidden: past picks and how they did against the S&P 500.

See today's picks →