Hormel income advances 13%
date:Nov 21, 2012
in fiscal 2013, as our Jennie-O Turkey Store segment goes up against higher grain costs and historically high results, he said. We plan on making additional cuts to both our turkey and pork harvest levels during fiscal 2013, to reduce our exposure to volatile commodity markets. Taking all of the relevant factors into account, we are setting our 2013 guidance range at $1.90 to $2.00 per share.
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