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04.12.24 - 16:17
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Hormel Foods Corp reports results for the quarter ended October 31 - Earnings Summary (Reuters EN)
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Hormel Foods Corp reports results for the quarter ended October 31 - Earnings Summary Hormel Foods Corp HRL.N reported quarterly adjusted earnings of 42 cents per share for the quarter ended October 31, identical to the same quarter last year. The mean expectation of ten analysts for the quarter was for earnings of 42 cents per share. Wall Street expected results to range from 41 cents to 44 cents per share....
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04.12.24 - 14:26
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Hormel Foods forecasts annual sales, profits below estimates on tepid demand (Reuters EN)
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Hormel Foods forecasts annual sales, profits below estimates on tepid demand Dec 4 (Reuters) - Hormel Foods HRL.N forecast annual sales and profit below estimates on Wednesday, hurt by slowing demand for its snacking and meat products, including its Jennie-O Turkey brand . Shares of the company fell nearly 4% premarket after Hormel also posted fourth-quarter results in line with Wall Street expectations....
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04.12.24 - 13:56
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Hormel Foods down on weak annual sales, profit forecasts (Reuters EN)
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BUZZ-Hormel Foods down on weak annual sales, profit forecasts ** Shares of Skippy peanut butter maker Hormel Foods HRL.N fall 2.6% to $30.99 premarket ** Co forecasts annual net sales and adjusted EPS expectations below analysts' estimates on weak demand for its products and lower turkey prices ** Expects FY25 net sales of $11.9 bln to $12.2 bln vs...
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