Hormel Foods stock slides 4.7% after sales were hurt by weakness in turkey business

Hormel Foods Corp. HRL, The owner of brands that include Spam, Planters and Skippy peanut butter saw sales suffer a 15% decline in sales of turkey, which were hit by the avian flu outbreak that has impacted poultry supplies across the industry this year. Jennie-O-Turkey volumes were down 32%, or…#corp #skippypeanut #hormel #consensus #hormelbacon #includespam #peanutbutter #segment #naturalchoice #cents
Source: Reuters: Health - Category: Consumer Health News Source Type: news