** Shares of Skippy peanut butter maker Hormel Foods <HRL.N> down 3.7% at $22.78 premarket
** Co now expects a reduction of 8 cents to 9 cents in Q4 adjusted EPS from the earlier forecast of 38 cents to 40 cents
** Co says it faces persistent, higher-than-expected inflation in key commodity inputs
** HRL also hit by the spread of highly pathogenic avian influenza $(HPAI)$ and pneumoviruses within the poultry industry
** Still, co expects fourth quarter net sales growth near the top end of its prior guidance
** Co also appoints Paul Kuehneman as interim CFO, effective from October 27, 2025, as Jacinth Smiley steps down
** Up to last close, stock down nearly 24.6% YTD
(Reporting by Sanskriti Shekhar in Bengaluru)
((Sanskriti.Shekhar@thomsonreuters.com))