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home / news releases / HRL - Hormel reverses early gains shares weighed down by retail volume declines


HRL - Hormel reverses early gains shares weighed down by retail volume declines

2024-05-30 10:21:29 ET

Hormel ( NYSE: HRL ) shares have surrendered modest premarket gains and are dropping in regular trade as Wall Street digests FQ2 results and the notable miss in volume relative to what Wall Street was expecting. The results also included declines in net sales, operating income and an operating margin of 8.7%, down from 9.9% a year ago.  ...

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Hormel reverses early gains, shares weighed down by retail volume declines
Stock Information

Company Name: Hormel Foods Corporation
Stock Symbol: HRL
Market: NYSE
Website: hormelfoods.com

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