Hormel Foods Corp (NYSE:HRL)
$ 35.78 0.23 (0.65%) Market Cap: 19.60 Bil Enterprise Value: 21.80 Bil PE Ratio: 24.51 PB Ratio: 2.50 GF Score: 84/100

Q4 2019 Hormel Foods Corp Earnings Call Transcript

Nov 26, 2019 / 02:00PM GMT
Release Date Price: $44.28 (+3.55%)
Operator

Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Hormel Foods Fourth Quarter 2019 Earnings Release Call. (Operator Instructions) As a reminder, this conference is being recorded, Tuesday, November 26, 2019.

I would now 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 fourth 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 2020. Jim Sheehan will provide detailed financial results and further

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