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

Q1 2023 Hormel Foods Corp Earnings Call Transcript

Mar 02, 2023 / 02:30PM GMT
Release Date Price: $41.83 (-4.56%)
Operator

Good morning, and welcome to the Hormel Foods First Quarter 2023 Earnings Conference Call. (Operator Instructions) Please note, this event is being recorded.

I would now like to turn the conference over to David Dahlstrom, Director of Investor Relations. Please go ahead, sir.

David W. Dahlstrom
Hormel Foods Corporation - Director of IR

Good morning. Welcome to the Hormel Foods Conference Call for the First Quarter of Fiscal 2023. 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; Jacinth Smiley, Executive Vice President and Chief Financial Officer; and Deanna Brady, Executive Vice President of the Retail segment. Jim will review the company's first quarter results and give a perspective on the rest of fiscal 2023. Jacinth will provide detailed financial results and further commentary on our

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