Hormel Foods Corporation · NYSE:HRL
Hormel Foods — Investor Day (June 2017)
16 slides from Hormel Foods's investor day presentation, Jun 15, 2017
Slide 1: Jim Snee, President and CEO
28 Years with Jim Snee Hormel Foods President and CEO Hormel Foods Career History Oct 2016: President and Chief Executive Officer Oct 2015: President and Chief Operating Officer 2012: Group Vice President, Hormel Foods International 2008: Vice President, Affiliated Foods 2006: Director of Purchasing
Slide 2: Hormel Foods: A Long-Term Growth Story
Hormel Foods A Long-Term Growth Story Jim Snee President and Chief Executive Officer
Slide 3: Experienced Senior Management Team
Experienced Senior Management Team Senior YEARS Management Team Average 24 TENURE
Slide 4: Key Takeaways From Today
Key Takeaways From Today Steve Refrigerated Foods: Growing our value-added business and reducing Binder exposure to commodity margins Tom Refrigerated Foods: Long runway for growth from our retail Day value-added brands Jeff Hormel Foodservice: Growth driven by innovation and collaboration Baker wit
Slide 5: Key Takeaways From Today
Key Takeaways From Today Deanna Consumer Products Sales: Sales growth through customer Brady collaboration and analytics Glenn Jennie-O Turkey Store: Unique competitive advantages and a Leitch long runway for growth Don Specialty Products: Growing the MUSCLE MILK® brand through Kremin innovation and
Slide 6: Key Takeaways From Today
Key Takeaways From Today Jim Corporate Strategy: Unlocking sales growth by occupying Splinter attractive growth spaces Jim Finance: Supporting growth with capital and strategic cost management Sheehan and continuing our focus on maximizing returns to our shareholders
Slide 7: Key Themes Today
Key Themes Today • Track Record of Success • Positioned to Compete • A Clear Strategy for Long-Term Growth
Slide 8: Grown Earnings: Track Record of Success
We Have TRACK RECORD OF SUCCESS Grown Earnings $1.80 28 Out of 31 Years $1.60 $1.40 $1.20 $1.00 $0.80 $0.60 $0.40 $0.20 $0.00 Internal data 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Slide 9: Dividend Growth
Dividend Growth TRACK RECORD OF SUCCESS Dividend Aristocrat Internal data
Slide 10: Industry-Leading Positioned to Compete
Industry-Leading POSITIONED TO COMPETE Expertise Value-Added Shelf Stable Direct Iconic Brands Protein Products Sales Force
Slide 11: Our Formula for Success
Our Formula A CLEAR STRATEGY FOR LONG-TERM GROWTH for Success Building Innovation Acquisitions Balanced Brands Portfolio + + +
Slide 12: Four Strategic Growth Areas
A CLEAR STRATEGY FOR LONG-TERM GROWTH Laser Focused on Four Strategic Growth Areas Healthy Lifestyle On-The-Go Global Multicultural & Holistic
Slide 13: Bridging to Our 2020 Sales Goal
Bridging to Our A CLEAR STRATEGY FOR LONG-TERM GROWTH 2020 Sales Goal 5% Organic Sales $11.6B Strategic Acquisitions Innovation Divestitures $9.5B 2016 2020 Internal data Actual Goal
Slide 14: A Focus on Margin Expansion
A Focus on A CLEAR STRATEGY FOR LONG-TERM GROWTH Margin Expansion Operating Margins Top +460bps Quartile 13.9% of Our Peer 9.3% Group 2011 2016 2020 Actual Actual Goal 2011 – 2016 Internal Data
Slide 15: A Long-Term Growth Story
Hormel Foods A CLEAR STRATEGY FOR LONG-TERM GROWTH A Long-Term Growth Story • Track Record of Success • Positioned to Compete • A Clear Strategy for Long-Term Growth
Slide 16: Hormel Foods: A Long-Term Growth Story
Hormel Foods A Long-Term Growth Story Jim Snee President and Chief Executive Officer