Hormel Foods stock slides 4.7% after sales were hurt by weakness in turkey business

Hormel Foods Corp. HRL, The owner of brands that include Spam, Planters and Skippy peanut butter saw sales suffer a 15% decline in sales of turkey, which were hit by the avian flu outbreak that has impacted poultry supplies across the industry this year. Jennie-O-Turkey volumes were down 32%, or…

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