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Hormel Foods Announces Record First Quarter Results And Increases Guidance Due To Tax Reform

AUSTIN, Minn., Feb. 22, 2018 /PRNewswire/ — Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the first quarter of fiscal 2018. All earnings per share estimates assume a fiscal 2018 full year tax rate of 17.5 – 20.5 percent….