Hormel Foods Corp (NYSE:HRL)

$ 31.68 0.07 (0.22%) Market Cap: 17.39 Bil Enterprise Value: 19.46 Bil PE Ratio: 21.70 PB Ratio: 2.17 GF Score: 80/100

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$49.54 (+3.99%)

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May 23, 2019 / 01:00PM GMT

Release Date Price: $39.13 (-0.91%)

Transcript 10-Q8-K

Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to the Hormel Foods Second Quarter 2019 Earnings Release Conference. (Operator Instructions) As a reminder, this conference is being recorded, Thursday, May 23, 2019.

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

Nathan Annis

Hormel Foods Corporation - Director of IR

Good morning. Welcome to the Hormel Foods conference call for the second quarter of fiscal 2019. 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 each segment's performance for the quarter and our outlook for the remainder of 2019. Jim Sheehan will provide detailed financial

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