NYSE:HRLFood
A Look At Hormel Foods (HRL) Valuation After Selling Its Whole Bird Turkey Business
What Hormel’s turkey business sale means for HRL shareholders
Hormel Foods (HRL) has completed the sale of its whole bird turkey business to Life Science Innovations, a move that keeps the JENNIE O brand in house while shifting the focus toward value added turkey products.
For you as an investor, the key question is how this portfolio change might affect Hormel’s mix of earnings over time. The company is concentrating more on processed items such as ground turkey, deli meats, and turkey bacon...