Hormel Foods (HRL) cuts full-year 2022 earnings guidance over higher cost inflation concerns | AlphaStreet
Shares of Hormel Foods Corp. (NYSE: HRL) were down 7% on Thursday after the company delivered mixed results for its third quarter of 2022. While sales beat estimates, earnings fell short of expectations. The company also lowered its earnings guidance for the full year as it expects higher cost inflation to persist over the coming […]
Hormel Foods (HRL) cuts full-year 2022 earnings guidance over higher cost inflation concerns | AlphaStreet
Shares of Hormel Foods Corp. (NYSE: HRL) were down 7% on Thursday after the company delivered mixed results for its third quarter of 2022. While sales beat estimates, earnings fell short of expectations. The company also lowered its earnings guidance for the full year as it expects higher cost inflation to persist over the coming […]