Hormel's disappointing earnings caused investor concern for Pilgrim's Corp, alongside rising commodity input costs.
1 report, 1 independent
Updated Aug 29
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What happened
Hormel's disappointing earnings caused investor concern for Pilgrim's Corp, alongside rising commodity input costs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Hormel benefited from thriving business in China, which contributed to its international sales growth.Sub-event
Hormel's poor earnings sparked investor concern for Pilgrim's Corp amid rising input costs.1 source
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The entities involved
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Hormel
American food processing company
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Pilgrim's Corp
Brazilian-owned, American food company
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Coverage
Newest first; wire copies grouped- StockStoryWhy Pilgrim's Pride (PPC) Shares Are Sliding Today Shares of chicken producer Pilgrim’s Pride (NASDAQ:PPC) fell 2.6% in the afternoon session after peer Hormel Foods reported disappointing earnings.