Hormel Foods Corporation HRL posted robust second-quarter fiscal 2022 results, wherein the top and bottom lines increased year over year and beat the Zacks Consensus Estimate. The operating margin improved during the quarter due to HRL’s efforts to counter inflation. HRL intends to integrate business functions, consolidate the Jennie-O Turkey Store supply chain into the broader Hormel Foods One Supply Chain and generate SG&A cost synergies in the range of nearly $20-$30 million by fiscal 2023.