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Where's the Beef? Traders Eye Hormel (HRL) Peers on Lowered Outlook (TSN) (SFD)

June 18, 2013 8:27 AM EDT
Hormel Foods Corp. (NYSE: HRL) peers are on watch as the meat and food product producer issued a warning for its fiscal 2013 reporting period.

For 2013, Hormel now sees EPS of $1.88 to $1.96, from prior expectations of $1.93 to $2.03 and the consensus of $1.99.

Hormel lists the competition as Tyson Foods (NYSE: TSN), Smithfield Foods (NYSE: SFD), ConAgra Foods (NYSE: CAG), General Mills (NYSE: GIS), and Campbell Soup Co. (NYSE: CPB), Cargill, Inc., and Butterball, LLC.


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