Thomas Henry's questions to HORMEL FOODS CORP /DE/ (HRL) leadership • Q3 2025
Question
Thomas Henry of Heather Jones Research asked about the timing of benefits from elevated turkey breast meat pricing and requested a split of the whole bird pricing benefit between fiscal 2025 and 2026.
Answer
President John Ghingo responded that while whole bird results are slightly better than expected, most of the upside is anticipated in fiscal 2026, coinciding with the Thanksgiving season. He did not provide specific guidance on turkey breast meat pricing.