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Hormel Foods Corp. engages in the production of meat and food products. It operates business through the following segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International and Other. Read More The Grocery Products segment consists primarily of the processing, marketing, and sale of shelf-stable food products sold in the retail market. The Refrigerated Foods segment involves in the processing, marketing, and sale of branded and unbranded pork, beef, and poultry products for retail, foodservice, deli, and commercial customers. The Jennie-O Turkey Store segment include processing, marketing, and sale of branded and unbranded turkey products for retail, foodservice, and fresh product customers. The International and Other segment comprises Hormel Foods International which manufactures, markets, and sells Company products internationally. The company was founded by George A. Hormel in 1891 and is headquartered in Austin, MN.
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There's a swine flu spreading in China that Wall Street analysts fear could hit these stocks
Cans of Spam, by Hormel, are displayed on a shelf at Cal Mart grocery store in San Francisco. A trade fight with the U.S. isn't the only war China is fighting. African swine flu has decimated the pig population in China and sent pork prices soaring. As many as up to 200 million Chinese pigs have reportedly been lost due to the disease. Now, Wall Street analysts are scrambling to assess the fallout from the fast spreading illness and how to invest around it. This week, restaurant hospitality group Bloomin...
Seeking AlphaMay 23
Hormel Foods Corporation CEO Jim Snee on Q2 2019 Results - Earnings Call Transcript
Hormel Foods Corporation (NYSE:HRL) Q2 2019 Earnings Conference Call May 23, 2019 9:00 AM ET Company Participants Nathan Annis - Director of Investor Relations Jim Snee - Chairman, President and Chief Executive Officer Jim Sheehan - SVP & Chief Financial Officer Conference Call Participants Michael Lavery - Piper Jaffray Ben Bienvenu - Stephens Incorporated Rupesh Parikh - Oppenheimer Adam Samuelson - Goldman Sachs Jeremy Scott - Mizuho Robert Moskow - Credit Suisse Ken Zaslow - Bank of Montreal...
Yahoo FinanceMay 23
Hormel cuts guidance, United CEO backs Boeing, UBS slashes Apple: Companies to watch
Here are the companies Yahoo Finance is watching today. A warning from food maker Hormel (HRL). The company's latest earnings were roughly in-line with estimates, but it's lowering guidance as costs rise. Part of that is tied to the growing swine fever outbreak impacting hog supplies in Asia. Scroll to continue with content Ad United's (UAL) CEO is standing behind Boeing (BA) and its 737 Max jets. Oscar Munoz told shareholders he'll be on the first Max flight, once the FAA lets the jets back in the air. ...
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$0.46 per share