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Smithfield Foods' CEO Discusses F1Q2013 Results - Earnings Call Transcript

Smithfield Foods Inc. (SFD)

Q1 2013 Earnings Call

September 4, 2012 9:00 am ET

Executives

Larry Pope – President, Chief Executive Officer

Bo Manly – Chief Financial Officer

Keira Lombardo – Vice President, Investor Relations, Corporate Communications

Analysts

Farha Aslam – Stephens Inc.

Ken Zaslow – Bank of Montreal

Christine McCracken – Cleveland Research

Brett Hundley – BB&T Capital Markets

Diane Geissler – CLSA

Akshay Jagdale – Keybanc

Robert Moskow – Credit Suisse

Vincent Andrews – Morgan Stanley

Ryan Oksenhendler – Bank of America Merrill Lynch

Tim Tiberio – Miller Tabak

Reza Vahabzadeh – Barclays

Carla Casella – JP Morgan

Presentation

Operator

Ladies and gentlemen, thank you for standing by and welcome to the Smithfield Foods Fiscal 2013 First Quarter Earnings call. For the conference, all participants are in a listen-only mode. There will be an opportunity for your questions. Instructions will be given at that time. If you need any assistance during the call, please press star then zero. As a reminder, today’s call is being recorded.

With that being said, I’ll turn the conference now to Ms. Keira Lombardo. Please go ahead.

Keira Lombardo

Good morning. Welcome to the conference call to discuss Smithfield Foods’ Fiscal 2013 First Quarter results. We would like to caution you that in today’s call there may be forward-looking statements within the meaning of federal securities laws. In light of the risks and uncertainties involved, we encourage you to read the forward-looking information section of the Company’s 10-K for fiscal year 2012. You can access the 10K and our press release on our website at Smithfieldfoods.com.

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