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Hormel Foods Corporation (NYSE:HRL) shares are trading lower on Wednesday. The company reported that fourth-quarter adjusted earnings per share were 42 cents, which is in line with the street view.
Hormel (HRL) delivered earnings and revenue surprises of -2.44% and 1.14%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
Hormel Foods' (HRL) third-quarter top and bottom lines increase year over year. While management raises its sales view for fiscal 2022, it lowers its earnings per share guidance.
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Jan. 12—Hormel Foods Corporation announced it will hold its 2024 annual meeting of stockholders virtually. The live webcast of the meeting will be held at 6 p.m. on Tuesday, Jan. 30, via www ...
In 2011, Hormel Foods announced a two-for-one stock split. [39] In 2013, Hormel Foods purchased Skippy—the best-selling brand of peanut butter in China and the second-best-selling brand in the world—from Unilever for $700 million; the sale included Skippy's American and Chinese factories. [40]