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Why Hormel Stock Is Plummeting Today

TheMotleyFool

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Hormel (NYSE: HRL) stock is falling fast in Thursday's trading. The company's share price was down 12.9% as of 2:40 p.m. ET despite relatively little movement for the broader market. The stock had been down as much as 18.3% shortly after stocks started trading today.

Before the market opened this morning, Hormel published results for the third quarter of its 2025 fiscal year, which concluded July 27. While sales for the period beat Wall Street's forecast, the company posted a substantial earnings miss. Management's forward guidance also suggests more headwinds are on the horizon.

Image source: Getty Images.

Source Fool.com

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