Hormel Foods Corp (NYSE:HRL)
$ 31.68 0.07 (0.22%) Market Cap: 17.35 Bil Enterprise Value: 19.46 Bil PE Ratio: 21.65 PB Ratio: 2.17 GF Score: 80/100
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Hormel Foods Corp at Deutsche Bank dbAccess Global Consumer Conference Transcript

Jun 16, 2022 / 12:00PM GMT
Release Date Price: $44.9 (+0.02%)
Stephen Robert R. Powers
Deutsche Bank AG, Research Division - Research Analyst

Okay. Let's get started. So for the next session, I'm very happy to welcome Hormel Foods to the conference. Thank you, guys, for being here.

With us today, we have Jim Snee, President and Chief Executive Officer; as well as Swen Neufeldt, Group and -- Group Vice President and President. Group -- yes, according to the slide.

Questions & Answers

Stephen Robert R. Powers
Deutsche Bank AG, Research Division - Research Analyst

Let's start at a relatively high level, and I guess a question for Jim.

Hormel as a company has obviously been in business for a long time, 130 years. A number of very identifiable, very iconic brands, SPAM, SKIPPY, recently acquired Planters. You play in multiple channels, retail, food service, domestic, international. And you've spoken about -- the past about the company being sort of uncommon in all those regards. I guess, in that context, what has driven the long term -- again, 100-plus years, long-term success of the company?

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