Hormel Foods Corporation · NYSE:HRL
Hormel Foods — Investor Day (June 2017)
21 slides from Hormel Foods's investor day presentation, Jun 15, 2017
Slide 1: Jeff Baker
Jeff Baker 27 Years with Hormel Foods Group Vice President, Foodservice Hormel Foods Career History 2015: Group Vice President, Foodservice 2012: Vice President of Marketing, Foodservice 2009: Director of Fresh Meats Marketing and Precept Foods 2005: Group Product Manager, Meat Products 2002: Senior
Slide 2: Hormel Foodservice: A Long-Term Growth Story
Hormel Foodservice A Long-Term Growth Story Jeff Baker Group Vice President Foodservice
Slide 3: Agenda
Agenda • A HISTORY OF SUCCESS • Unique Industry Position • Role of Innovation
Slide 4: A History of Success: Overview
Foodservice A HISTORY OF SUCCESS Overview Direct Sales Force Relationships Innovation *Internal Data
Slide 5: Agenda
Agenda • A History of Success • UNIQUE INDUSTRY POSITION • Role of Innovation
Slide 6: Our Recipe for Success
Our Recipe for Success UNIQUE INDUSTRY POSITION Distributor Operator PUSH Strategy PULL Strategy
Slide 7: Unique Industry Position
UNIQUE INDUSTRY POSITION
Slide 8: The Right Partners
The Right Partners UNIQUE INDUSTRY POSITION Restaurants
Slide 9: The Right Partners
The Right Partners UNIQUE INDUSTRY POSITION Restaurants Convenience Hotels Healthcare College & University
Slide 10: The Right Partners
The Right Partners UNIQUE INDUSTRY POSITION
Slide 11: Agenda
Agenda • A History of Success • Unique Industry Position • ROLE OF INNOVATION
Slide 12: Game-Changing Product Solutions
Game-Changing ROLE OF INNOVATION Product Solutions Technology-Driven Innovation ® MEATS ® 1963 2017 ® 1935 MEATS 1936 1937 Innovate - Renovate - Participate
Slide 13: Annemarie Vaupel, Foodservice Innovation Team Lead
Annemarie Vaupel, Foodservice Innovation Team Lead, Refrigerated Foods
Slide 14: The Right Solutions
The Right Solutions ROLE OF INNOVATION Growing Our Value-Added, Branded Sales
Slide 15: Hormel Foods Circle of Innovation
Hormel Foods ROLE OF INNOVATION Circle of Innovation
Slide 16: Clean Label Strategy
Clean Label ROLE OF INNOVATION Strategy Recent Success • Kitchen-level ingredients BRAND BRAND • Smart sodium levels • On trend preparation methods • All natural when possible MEATS • No compromise to product quality and performance
Slide 17: Slide 17
Slide 18: Cooking Bacon: A Grand Production
Cooking Bacon: A Grand Production
Slide 19: Innovation Case Study
Innovation ROLE OF INNOVATION Case Study • Making pre-cooked bacon that performs like perfect, cooked-from-raw bacon • Seven years to develop and perfect the technology • Creating another point-of- difference product
Slide 20: Key Takeaways
Key Takeaways • A History of Success • Unique Industry Position • Role of Innovation
Slide 21: Hormel Foodservice: A Long-Term Growth Story
Hormel Foodservice A Long-Term Growth Story Jeff Baker Group Vice President Foodservice