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08.02.2023 23:00:00

Hormel Foods Corporation Sets Dates to Issue Recast Financial Information and Hold First Quarter Earnings Conference Call

AUSTIN, Minn., Feb. 8, 2023 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a Fortune 500 global branded food company, plans to release recast historical financial information in connection with its new operating model, GoFWD, on Feb. 28, 2023. Additionally, the company plans to hold a webcast at 4 p.m. CT (5 p.m. ET) to discuss its new financial reporting structure.

Hormel Foods corporate logo

The company is also inviting interested parties to participate in a webcast and conference call with 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, Retail; to discuss the company's first quarter financial results. The company will issue its earnings release before the markets open on Thursday, Mar. 2, 2023, and will host a conference call shortly thereafter at 8:30 a.m. CT (9:30 a.m. ET).

The webcasts, replays and other information related to both events can be accessed on the company's investor website, https://investor.hormelfoods.com.

ABOUT HORMEL FOODS — Inspired People. Inspired Food.

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $12 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, WHOLLY®, Hormel® Black Label®, Columbus®, Jennie-O® 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 on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on the "100 Best Corporate Citizens" list by 3BL Media 13 times, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com.

Investors Relations

Media Relations

(507) 437-5248

(507) 434-6352

ir@hormel.com

media@hormel.com

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SOURCE Hormel Foods Corporation

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