Hormel Foods Corp.'s stock fell 1% Wednesday and erased its year-to-date gains, after the parent of brands including Jennie-O and Spam posted weaker-than-expected sales for its fiscal fourth quarter, ...
The Austin, Minnesota-based company said it had net income of 40 cents per share. Earnings, adjusted for non-recurring costs, came to 42 cents per share. The results fell short of Wall Street ...