Hormel Foods Corporation (HRL) Q4 2025 Earnings Call

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WEBVTT 00:00:00.993 -- 00:00:05.158 Good morning, ladies and gentlemen, and welcome to the Hormel Corporation's fourth quarter 00:00:05.158 -- 00:00:09.623 earnings call. At this time, all lines are in listen-only mode. 00:00:09.623 -- 00:00:14.089 Following the presentation, we will conduct a question and answer session. 00:00:14.089 -- 00:00:18.594 If at any time during this call you require immediate assistance, please press star zero 00:00:18.594 -- 00:00:20.456 for the operator. 00:00:20.456 -- 00:00:23.617 This call is being recorded in Thursday, 00:00:23.720 -- 00:00:28.986 December 4th, 2025. I'd now like to turn the conference over to Jess Plumber. 00:00:28.986 -- 00:00:31.030 Please go ahead. 00:00:31.030 -- 00:00:36.136 Good morning. Welcome to the Hormel Foods conference call for the fourth quarter of fiscal 00:00:36.136 -- 00:00:38.098 2025. 00:00:38.098 -- 00:00:41.962 We released results this morning before the market opened. 00:00:41.962 -- 00:00:47.428 If you did not receive a copy of the release, you can find it on our website, HormelFoods.com, 00:00:47.428 -- 00:00:52.334 under the investor section, along with supplemental slide materials. 00:00:52.334 -- 00:00:57.340 On our call today is Jeff Ettinger, Interim Chief Executive Officer, John 00:00:57.340 -- 00:01:02.436 Gingo, President, and Paul Keeneman, Interim Chief Financial Officer and 00:01:02.436 -- 00:01:04.238 Controller. 00:01:04.238 -- 00:01:09.443 Jeff, John, and Paul will begin by reviewing the company's fiscal 2025 performance 00:01:09.443 -- 00:01:13.007 before transitioning into commentary on our outlook for 2026. 00:01:13.007 -- 00:01:14.409 We 00:01:14.409 -- 00:01:19.054 will conclude with the Q&A portion of the call. 00:01:19.054 -- 00:01:22.658 The line will be open for questio...