HRL - Why Hormel Foods Shares Are Rising Today | Benzinga
Hormel Foods Corporation (NYSE:HRL) shares are trading higher after the company reported better-than-expected first-quarter earnings and reaffirmed its FY24 outlook.
The company reported first-quarter adjusted earnings per share of 41 cents, beating the analyst consensus of 34 cents.
Quarterly revenues of $2.997 billion, beating the analyst consensus of $2.917 billion.
Retail net sales in the quarter ...