Shares of Hormel Foods were tumbling Thursday after the packaged-food company reported disappointing quarterly earnings and implied it would hike prices to combat rising input costs. Hormel stock was falling 13% Thursday to $25.32, making it the worst performer in the Shares have declined 19% in 2025, including Thursday’s performance. Interim CEO Jeff Ettinger suggested the company was raising prices to address the steep increase in input costs.
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This Struggling Food Stock Is Today’s Worst in S&P 500. Why It’s Raising Prices.
Published 2 months ago
Aug 28, 2025 at 2:15 PM
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