Hormel Foods Corp (BSP:H1RL34)
R$ 197 -2 (-1.01%) Market Cap: 108.15 Bil Enterprise Value: 121.09 Bil PE Ratio: 21.82 PB Ratio: 2.19 GF Score: 70/100

Q4 2020 Hormel Foods Corp Earnings Call Transcript

Nov 24, 2020 / 03:00PM GMT
Release Date Price: R$269
Operator

Good morning, and welcome to the Hormel Foods Fourth Quarter 2020 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to Nathan Annis, Director of Investor Relations. Please go ahead.

Nathan P. Annis
Hormel Foods Corporation - Director of IR

Good morning. Welcome to the Hormel Foods conference call for the fourth quarter of fiscal 2020. 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 of the COVID-19 pandemic and a perspective on fiscal 2021. Jim Sheehan will

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