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@Curlar 11 months ago

Bloody hell, why is Hormel foods tanking?

Bloody hell, why is Hormel foods tanking?

be trying to temp us into scooping more lol. So many others are nosediving too. Is anyone seeing this as an opportunity? Plus at what point do we panic? It’s yield isn’t so fantastic tho

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@BrianHoward 11 months ago

Opportunity to bag.

@Curlar 11 months ago

I think so too

@BrianHoward 11 months ago

Demand dynamics are weak: volumes are down, pricing power is limited, and consumer staples competition is fierce. Other than that, leadership and operations issues are also there. So this is quite obvious.

@AntonioMyers 11 months ago

It faces steep inflation in commodity inputs (beef, pork bellies, nuts) and also challenges from avian influenza in its poultry business.

@Curlar 11 months ago

That’s crazy. Still an opportunity though