Hormel Foods' Q3 Earnings Cook, But Revenue Misses The Plate
Hormel Foods(HRL) Seeking Alpha·2024-09-06 00:55
Dimensions/E+ via Getty Images Thesis Hormel Foods Corporation (NYSE:HRL) beat fiscal Q3 earnings, which came in at 0.36, but only by a penny. Seeking Alpha Revenue? Not so good. They reported revenue of 65M and down 2.19% from last year. Seeking Alpha My thesis argues that while they've won some international dinner plates, and their "transform and modernize" plan sounds good, they're busy eating the dust of the S&P 500 (SP500), earnings ...