Hormel Foods Corp

HRL: XNYS (USA)
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Hormel Earnings: Shares Rally on Robust Performance Rebound, but Still Undervalued

Hormel's organic sales grew 3% and adjusted earnings per share rose 14% in the fiscal second quarter. All three segments contributed to the organic sales growth. Adjusted operating margin expanded 80 basis points to 9.9% as higher sales and improved operations offset logistics inflation.

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