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Hormel benefits from eat-at-home trend

Nov. 26, 2013 10:43 AM ETHormel Foods Corporation (HRL) StockHRLBy: Clark Schultz, SA News Editor1 Comment
  • Hormel (HRL +5.7%) trades higher after beating estimates with its Q3 report.
  • The company appears to have benefited from a consumer trend to eat more meals at home.
  • Sales gains were seen across the company's segments while the contribution of Skippy peanut butter was a nice profit driver.

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