Commodity CostsProtein commodity costs, particularly beef and nuts, are expected to remain elevated, posing a challenge for Hormel Foods Corp.
Earnings GuidanceHRL guided its 4Q25 adj. EPS to be $0.08-$0.09 below its prior guidance of $0.38-$0.40, attributing the shortfall to commodity inflation, poultry supply issues, a fire at a Skippy peanut butter facility, and a chicken recall.
Product RecallHormel Foods announced a voluntary recall of approximately 4.9 million pounds of foodservice ready-to-eat frozen chicken products due to customer complaints about metal contamination.