Hormel Foods (HRL) Q2 2012 Earnings Call May 23, 2012 9:30 am ET Executives Kevin C. Jones - Director of Investor Relations Jeffrey M. Ettinger - Chairman, Chief Executive Officer and President Jody H. Feragen - Chief Financial Officer, Executive Vice President and Director Analysts Farha Aslam - Stephens Inc., Research Division Christine McCracken - Cleveland Research Company Diane Geissler - Credit Agricole Securities (USA) Inc., Research Division Timothy S. Ramey - D.A. Davidson & Co., Research Division Lindsay Drucker Mann - Goldman Sachs Group Inc., Research Division Akshay S. Jagdale - KeyBanc Capital Markets Inc., Research Division Kenneth B. Zaslow - BMO Capital Markets U.S. Robert Moskow - Crédit Suisse AG, Research Division Eric Larson Ann H. Gurkin - Davenport & Company, LLC, Research Division PresentationOperator
Good day, ladies and gentlemen. Thank you for standing by. Welcome to the Hormel Foods Second Quarter Earnings Conference Call. [Operator Instructions] This conference is being recorded today, May 23, 2012. I would now like to turn the conference over to Kevin Jones, Director of Investor Relations. Please go ahead, sir. Kevin C. Jones Good morning, everyone. Welcome to the Hormel Foods conference call for the second quarter of fiscal 2012. We released our results this morning before the market opened around 6:30 a.m. Eastern Time. If you did not receive a copy of the release, you can find it on our website at www.hormelfoods.com under the Investors section. On our call today is Jeff Ettinger, Chairman of the Board, President and Chief Executive Officer; and Jody Feragen, Executive Vice President and Chief Financial Officer. Jeff will provide a review of the operating results for the quarter, then Jody will provide detailed financial results. The line will be open for questions following Jody's remarks. An audio replay of this call will be available beginning at 10:30 a.m. Central Time, May 23, 2012. The dial-in number is (800) 406-7325, and the access code is 4535051. It will also be posted to our website and archived for one year.