On October 29, 2025, The Wall Street Journal published an article entitled “Hormel Cuts Forecast on Price Pressure, Consumer Backdrop; Parts Ways With CFO.” The article stated that Hormel “warned earnings in the latest quarter were squeezed by price pressures, bird flu and a fire that damaged its Arkansas peanut butter production facility. The company also said it was parting ways with its top finance executive[.]”
On this news, Hormel Foods stock fell 9.1% on October 29, 2025.