The food company, which owns Spam and Skippy peanut butter, cut its outlook for annual sales to a range of $12.1 billion to $12.2 billion from $12.2 billion to $12.5 billion.
The maker of canned lunch meat Spam slashes its fiscal-year outlook after net sales drop in its third quarter.
Hormel Foods (HRL) remains a 'hold' as margin recovery nears completion and volume growth prospects remain muted.
Guidance moved from “reaffirming our full year net sales expectations of $12.2 billion to $12.5 billion” (Interim CFO & Controller Kuehneman, Q2) to “$12.1 billion to $12.2 billion” (Interim CFO & ...
Hormel Foods ’ third-quarter fiscal 2026 results reflect a turkey business now built almost entirely around branded and value ...
Hormel Foods (HRL) shares fell 9% after the company lowered its fiscal 2026 sales guidance and reported Q3 revenue below ...
Detailed price information for Hormel Foods Corp (HRL-N) from The Globe and Mail including charting and trades.
In the previous three years, Bhumbia worked as senior vice president and CFO of Tyson Foods’ Chicken segment and most ...