Markets
HRL

Hormel Foods Expects Q4 To Mirror Many Dynamics Of Q3 - Quick Facts

(RTTNews) - While reporting financial results for the third quarter on Tuesday, branded food company Hormel Foods Corp. (HRL) said it expects the fourth quarter to mirror many of the dynamics seen in the third quarter, including strength from our retail businesses and the ongoing recovery in our foodservice business.

In May, the company had withdrawn its previously communicated earnings and sales guidance for the full-year 2020, due to uncertainty regarding the impact of COVID-19. The company is still not providing financial guidance for fiscal 2020.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

HRL

Latest Markets Videos

RTTNews

Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.

Learn More