Hormel Foods (HRL -6.4%) FQ3 was better than estimates, but the company issues a cautious...

|About: Hormel Foods Corporation (HRL)|By:, SA News Editor

Hormel Foods (HRL -6.4%) FQ3 was better than estimates, but the company issues a cautious forecast for the current quarter, saying demand is weak from restaurants and food service operators due to growing economic concerns and higher gasoline costs.