Jim Cramer Reacts to Hormel and Smucker's Quarterly Earnings
Food earnings in focus.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer said Hormel (HRL) - Get Hormel Foods Corporation Report was hurt by turkey prices and Smuckers (SJM) - Get J.M. Smucker Company Report was negatively impacted by coffee.
"It's amazing how you can have a 25% decline in coffee - pet food wasn't that good either," Cramer said, referring to Smuckers.
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