Hormel Foods Corporation (NYSE:HRL) Q4 2024 Earnings Conference Call December 4, 2024 9:00 AM ET
Company Participants
Jess Blomberg - Director of IR
Jim Snee - Chairman, President and CEO
Jacinth Smiley - EVP and CFO
John Ghingo - EVP, Retail Segment
Nathan Annis - VP, Corporate Development
Conference Call Participants
Rupesh Parikh - Oppenheimer
Ken Goldman - JPMorgan
Thomas Palmer - Citi
Heather Jones - Heather Jones Research
Max Gumport - BNP Paribas
Peter Galbo - Bank of America
Michael Lavery - Piper Sandler
Pooran Sharma - Stephens, Inc.
Rahi Parikh - Barclays
Operator
Good morning, ladies and gentlemen, and welcome to the Hormel Foods Corporation Fourth Quarter Earnings Conference Call. [Operator Instructions] This call is being recorded on Wednesday, December 4, 2024.
I would now like to turn the conference over to Jess Blomberg, Director of Investor Relations. Please go ahead.
Jess Blomberg
Good morning. Welcome to the Hormel Foods conference call for the fourth quarter of fiscal 2024. We released results this morning before the market opened. If you did not receive a copy of the release, you can find it on our website 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; John Ghingo, Executive Vice President of the Retail Segment; and Nathan Annis, Vice President of Corporate Development.
Jim and Jacinth will review the company's 2024 fourth quarter and full year results and provide a perspective on our outlook for fiscal year 2025. Then Jim, Jacinth and Nathan will provide a holistic update on our Transform and Modernize initiative which was introduced at our 2023 Investor Day. John will join Jim, Jacinth and Nathan for the Q&A portion of the call. The line will be open for questions following Nathan's remarks. As a courtesy to the other analysts, please limit yourself to one question with one follow-up. If you have additional questions, you are welcome to get back into the queue. At the conclusion of this morning's call, a webcast replay will be posted to our investor website and archived for one year.
Before we get started this morning, I'd like to reference our safe harbor statements. Some of the comments we make today will be forward-looking and actual results may differ materially from those expressed in or implied by the statements we are making. Please refer to our most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q, which can be accessed at hormelfoods.com under the Investors section.