Hormel Foods Corp at Bank of America Consumer & Retail Conference Transcript
All right. Good morning, still morning, actually. My name is Peter Galbo from the food and beverage team here at BofA. This morning, we're delighted to be joined at the conference by Hormel Foods, $12.5 billion in revenue, market leader in all things pork, turkey, snack nuts, peanut butter as well as Mexican Foods. Hormel recently reported its fiscal first quarter and has shifted to its go-forward operating model, which now aligns the business across 3 segments: retail, food service and international.
The company also offers a unique perspective and then it's a bit more balanced channel mix versus some of its peers, about 65% of sales to retail and about 30% through food service. Please join me in welcoming to the Jacinth Smiley, Executive Vice President and CFO; Deanna Brady, EVP of Retail; and Scott Aakre, SVP of Brand Fuel as well as Dave Dahlstrom from IR in the back. Thank you, guys, for being here today.
Thank you. Thanks for having us
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