Packaged foods company Hormel (NYSE:HRL) reported revenue ahead of Wall Street’s expectations in Q2 CY2025, with sales up 4.6% year on year to $3.03 billion. On the other hand, next quarter’s revenue guidance of $3.2 billion was less impressive, coming in 1.4% below analysts’ estimates. Its non-GAAP profit of $0.35 per share was 15% below analysts’ consensus estimates.
Shares of meat company Tyson Foods (NYSE:TSN)
fell 2.1% in the afternoon session after peer, Hormel, reported disappointing earnings and lowered its financial outlook for the year.
Shares of private label food company TreeHouse Foods (NYSE:THS)
fell 1.3% in the afternoon session after peer Hormel Foods reported disappointing third-quarter results and lowered its full-year earnings forecast.
Shares of packaged foods company B&G Foods (NYSE:BGS)
fell 1.9% in the afternoon session after a peer in the packaged foods industry, Hormel Foods, issued a disappointing profit outlook.
Shares of packaged foods company Hormel (NYSE:HRL)
fell 13.4% in the morning session after the company reported second-quarter earnings that missed analyst expectations and provided a soft profit outlook.
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Hormel Foods Corp. reports Q3 earnings miss & lower EPS guidance due to commodity inflation. Revenues beat, driven by strong sales growth in all segments.
The United States stock market finds itself at a precarious crossroads, with valuations for mega-cap technology and growth stocks reaching unprecedented, historic highs. This extraordinary rally, largely propelled by a concentrated group of tech behemoths, has ignited a fervent debate among investors and analysts: are these valuations sustainable, or do
