Hormel Foods Reaffirms Previously Communicated FY23 Guidance; Net Sales Growth Of 1%-3%, EPS Of $1.70-$1.82 (Consensus $1.72)
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Hormel Foods reaffirms its FY23 guidance, expecting net sales growth of 1%-3% and EPS of $1.70-$1.82, in line with the consensus estimate of $1.72.
June 01, 2023 | 10:34 am
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Hormel Foods reaffirms its FY23 guidance, with net sales growth of 1%-3% and EPS of $1.70-$1.82, in line with the consensus estimate of $1.72.
Hormel Foods' reaffirmed guidance is in line with consensus estimates, indicating that the company's performance is as expected. This news is unlikely to have a significant short-term impact on the stock price, as it does not present any surprises or deviations from previous expectations.
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