John Ghingo

“Before I discuss the quarter, I want to thank Jeff for his leadership and partnership over the past year. I've benefited tremendously from his counsel, experience, and commitment to Hormel Foods as we work together to navigate a period of change while positioning the company for the future.”

“I'll talk a little bit at a high level of, I think, what makes us a different kind of company and why we're well positioned right now. we consider ourselves the the the line we use is the consumer company that wins with protein and we do see ourselves as different from a from a pure play protein company different from…”

“Before turning to the quarter, let me start with what we're seeing in our business and across our consumer base. While consumers are under pressure and sentiment is low, food has remained resilient in recent months, particularly with growth in protein, where our portfolio is well-positioned.”

“We had an encouraging start to fiscal 2026 with strong performance in both our food service and international segments. This demonstrates the strength of our protein-centric portfolio and our strategic positioning, both at home and away from home, across all day parts.”