HRL, KR, DG: The Many Headwinds Of Consumer Staples Stocks

Hormel (HRL) slides after its latest earnings report. Arun Sundaram discusses HRL as it hit its 52-week high of $55.11 on April 21. He compares it to other consumer staples stocks such as Tyson (TSN), Kellogg (K), and General Mills (GIS). He notes that HRL expects a volatile and high-cost environment again in FY23. He also talks about some of Kroger's (KR) upside risks which include favorable at-home eating trends, cost savings, and alternative growth profit. He then goes over how Dollar General's (DG) product mix and inflationary pressures are headwinds. Tune in to find out more about the stock market today.