date:Nov 26, 2014
etnam business, we expect nonrecurring expenses of $0.04 to $0.06 per share to impact our profits in the first half of fiscal 2015, he added. We are providing details about these anticipated nonrecurring items to allow better visibility of our long-term operating performance expectation.
The announcements came as Hormel reported disappointing results in its grocery products and specialty foods segments. Grocery products segment profits declined 21 percent, while sales slipped 3 percent on recor