INCREASE profits: net income in the second quarter by Hormel Foods Corp. soared 41 per cent of establishment million, or 40 cents per share, on the solid performance of its chilled food and his company Turkey Jennie-O.
Highest price: revenue of Hormel increased 15 percent 1.96 billion, due to the increase of prices.
EXPECTATIONS: Analysts provides 41 cents per share on revenue of $ 1.82 billion, according to FactSet. Hormel shares fell $1.83, or 6.1%, to $62.54 on a cautious for the remainder of the year.
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