Hormel Foods Corp (WBO:HRL)
€ 28.75 -0.23 (-0.79%) Market Cap: 15.56 Bil Enterprise Value: 17.68 Bil PE Ratio: 21.79 PB Ratio: 2.16 GF Score: 68/100

Hormel Foods Corp at Barclays Consumer Staples Conference (Virtual) Transcript

Sep 06, 2022 / 08:30PM GMT
Release Date Price: €47.12 (+0.90%)
Benjamin M. Theurer
Barclays Bank PLC, Research Division - Head of the Mexico Equity Research & Director

All right. Welcome back. Last presentation here in this room for today, Hormel Foods Corporation, a global branded food company with over $11 billion in annual revenues across 80 countries worldwide. Its brands include SKIPPY, SPAM, Hormel Natural Choice, Applegate, Justin's, Wholly Guacamole, Columbus Craft Meats and Hormel Black Label, and its most recent addition, Planters.

Joining us today from Hormel are Jim Snee, Chairman of Board, President and CEO; as well as Jacinth Smiley, Executive Vice President and CFO. Jim Snee is the tenth President and CEO in the company's 130-year history, and he joined Hormel back in 1989 in the Meat Products division. Jim was named President and Chief Operating Officer in October 2015, CEO in October 2016 and elected Chairman of the Board in October '17.

Jacinth Smiley joined Hormel in April of 2021 and currently leads all financial areas of Hormel, including strategy, performance, reporting and long-range business planning, as well as

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