Hormel Foods Corp.’s fiscal third-quarter earnings rose 11 percent as the food-processing company saw revenue continue to rise and brands like its Hormel chili did well. The result beat analysts’ expectations and the company raised the year’s earnings forecast for a third time, hiking it to $2.85 to $2.91 a share from $2.75 to $2.85. Get the full story »
Hormel
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