Hormel Foods Corporation (HRL)

As we noted in our industry notes published earlier today, we are not utilizing the typical rating system, but instead, are using a forced rank process. This note shows current ranking based upon Friday’s close.

For some time, Hormel’s earnings have been hamstrung by a number of issues ranging from the myriad COVID effects that reverberated through labor (Midwest meat packers were impacted unusually hard by labor shortages), logistics, packaging,…