Hormel Foods Corp
HRL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.MH | LOCK|<gw? | LOCK|x#gn#hj |
Hormel: Lowering Fair Value Estimate on Unrelenting and Severe Input Cost Inflation
Hormel Foods announced that it will miss its previously issued fiscal fourth-quarter adjusted EPS guidance ($0.38-$0.40) by $0.08-$0.09. Additionally, Vice President and Controller Paul Kuehneman has replaced CFO Jacinth Smiley on an interim basis.
