Hormel Foods (HRL) Has Fallen To A 5-Month Low After Q2 Profit Disappoints

Hormel Foods Corp. (HRL) reported second quarter EPS of $0.39 Thursday morning, down from $0.40 last year. Street expectations were for EPS of $0.40.

Hormel Foods gapped open lower Thursday and has continued to lose ground in early trade. The stock is now down 1.80 at $33.61 and has fallen to over a 5-month low.

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