Hormel Foods Corp (LTS:0J5Z)
$ 30.968 0.308 (1%) Market Cap: 17.05 Bil Enterprise Value: 19.35 Bil PE Ratio: 21.65 PB Ratio: 2.14 GF Score: 76/100

Q1 2021 Hormel Foods Corp Earnings Call Transcript

Feb 18, 2021 / 02:00PM GMT
Release Date Price: $47.76 (+1.62%)
Operator

Good morning and welcome to the Hormel Foods First Quarter 2021 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Nathan Annis. Please go ahead.

Nathan P. Annis
Hormel Foods Corporation - Director of IR

Good morning. Welcome to the Hormel Foods conference call for the first quarter of fiscal 2021. We released our results this morning before the market opened, around 6:30 a.m. Eastern. If you did not receive a copy of the release, you can find it on our website at hormelfoods.com under the Investors section.

On our call today is Jim Snee, Chairman of the Board, President and Chief Executive Officer; and Jim Sheehan, Executive Vice President and Chief Financial Officer. Jim Snee will provide a review of the company's current and future operating conditions, commentary regarding each segment's performance for the quarter, an update on the impact to the company of the COVID-19 pandemic and a perspective on the balance of fiscal 2021. Jim Sheehan will

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