Hormel Foods Highlights Balanced Portfolio and Reaffirms Guidance at Barclays Global Consumer Staples Conference
September 8, 2016
Ettinger stated his confidence in the company’s ability to meet its growth goals of 5 percent top-line and 10 percent bottom-line in the years to come.
During the presentation, Snee reaffirmed the fiscal year 2016 EPS guidance range of $1.60 to $1.64.
Sheehan reviewed third quarter results and reiterated confidence in the company’s long-term strategy of investing in innovation and disciplined acquisitions.