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Hormel Foods says consumers are ‘strained’ as they trade down or hunt for value, but maintains outlook for the year
fortune.com/2025/05/30/hormel-foods-consumers-strained-value-trading-down
Hormel Foods maintained its full-year 2025 net sales guidance at $12.2 billion despite economic uncertainty and tariff-related pressures, noting that consumers are feeling strained and adjusting their spending habits for maximum value. While tariffs have not significantly impacted Hormel…
This story appeared on fortune.com, 2025-05-30 15:01:35.