Today: June 15, 2024
Today: June 15, 2024

Hormel Foods quarterly sales miss estimates as retail business lags

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The company logo for Hormel Foods is displayed on a screen on the floor at the NYSE in New York
May 30, 2024
Reuters

(Reuters) - Hormel Foods missed market expectations for second-quarter sales on Thursday as the Wholly dips maker grapples with weakness in its mainstay retail business, offsetting steady demand for its higher-priced meat products.

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