Hormel Foods Announces Voluntary Class 1 Recall For Limited Number Of PLANTERS 4 oz. Honey Roasted Peanuts And 8.75 oz. PLANTERS Deluxe Lightly Salted Mixed Nuts Distributed To Two Retail Locations In Five States
Portfolio Pulse from Benzinga Newsdesk
Hormel Foods has initiated a voluntary Class 1 recall for a limited number of PLANTERS 4 oz. Honey Roasted Peanuts and 8.75 oz. Deluxe Lightly Salted Mixed Nuts. These products were distributed to two retail locations across five states.
May 02, 2024 | 9:22 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Hormel Foods has issued a recall for specific PLANTERS products distributed in five states.
Recalls, especially Class 1, indicate a serious potential health risk or safety issue that could negatively impact consumer trust and Hormel Foods' brand reputation in the short term. This could lead to a temporary decrease in stock price due to potential sales impact and the costs associated with the recall process.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100