Hormel Foods Highlights Strategic Growth Initiatives at Barclays Global Consumer Staples Conference

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Sep 07, 2017, 08:00 ET

AUSTIN, Minn., Sept. 7, 2017 /PRNewswire/ -- During the Barclays Global Consumer Staples Conference in Boston, Mass., Jim Snee, president and chief executive officer at Hormel Foods Corporation (NYSE: HRL), and Jim Sheehan, senior vice president and chief financial officer, offered insights on the company's strategic growth initiatives, including recent acquisitions and strategic investments.

During the presentation, Snee discussed the company's third quarter results, the strategy for long-term growth and details associated with the recent acquisitions of Fontanini Italian Meats and Sausages and the Ceratti^® brand. Sheehan reviewed the company's financial strategy for growth.

About Hormel Foods Corporation – Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of "The 100 Best Corporate Citizens" by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future - Inspired People. Inspired Food.™ - focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and http://csr.hormelfoods.com/.

Forward Looking Statements

This news release contains forward-looking information based on management's current views and assumptions. Actual events may differ materially. Please refer to the cautionary statement regarding Forward-Looking Statements and Risk Factors that appear on pages 32-38 in the company's Form 10-Q for the quarter ended April 30, 2017, which can be accessed at www.hormelfoods.com under "Investors-SEC Filings."

Investor Contact:                      Media Contact:
Nathan P. Annis                       Wendy A. Watkins
Hormel Foods                           Hormel Foods
507-437-5248                           507-437-5345
[email protected]                         [email protected]

SOURCE Hormel Foods Corporation