Hormel Foods Readies for Q3 Earnings: What's in the Offing?

Key Takeaways Hormel Foods sees Foodservice growth from strong customer ties and innovative offerings.Management expects mid-single-digit sales growth in Foodservice for Q3Higher costs and tough comparisons pressure near-term performance.Hormel Foods Corporation ((HRL) is likely to register top-line growth when it reports third-quarter fiscal 2025 earnings on Aug. 28, before market open. The Zacks Consensus Estimate for quarterly revenues is pegged at $2.98 billion, which indicates a 2.7% rise from the year ...