Hormel Foods Q4 sales miss estimates, impacted by a decline in turkey market and production issues at the Virginia facility. Hormel expects $100M-$150M in benefits from its T&M initiative in FY25 ...
weighed down by a continued slump in turkey prices. Austin, Minn.-based Hormel HRL has been beset by lower prices for whole-bird turkeys all year, as well as a production interruption at a ...
Amara (@amaralovescoraline) expected to be dining on Hormel turkey chili but claims she found something entirely different in the can. She posted the alleged find to her TikTok account earlier ...
Hormel Foods Corporation (NYSE ... the steep decline in whole bird turkey commodity markets, and the production disruption at our Suffolk, Virginia, facility,” said Jim Snee, chairman of the ...
While Hormel has reduced its meat commodity exposure, industry structure forces it to remain highly exposed to commodity turkey. Even as its branded businesses have showed stability, turkey ...