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Hormel Foods Highlights Long-Term Growth Plans and Reaffirms Guidance at its 2017 Investor Day at the New York Stock Exchange

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Austin, Minn

During the Hormel Foods (NYSE: HRL) 2017 Investor Day at the New York Stock Exchange in New York City, New York, Jim Snee, president and chief executive officer, and Jim Sheehan, senior vice president and chief financial officer and nine other senior managers provided insights on the company’s strategies for driving sales and earnings growth into the future. Snee also detailed plans for delivering on the company’s stated long-term growth goals.

More information on the event, including an archived version of the broadcast, can be found at http://investor.hormelfoods.com/.

About Hormel Foods

Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $9 billion in annual revenues across 75 countries worldwide. Its brands include SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin’s®, Wholly Guacamole®, Hormel® Black Label® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of “The 100 Best Corporate Citizens” by Corporate Responsibility Magazine for the ninth year in a row, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. In 2016, the company celebrated its 125th anniversary and announced its new vision for the future – Inspired People. Inspired Food.™ – focusing on its legacy of innovation. For more information, visit www.hormelfoods.com and http://2015csr.hormelfoods.com/.

Forward Looking Statements

This news release contains forward-looking information based on management’s current views and assumptions. Actual events may differ materially. Please refer to the cautionary statement regarding Forward-Looking Statements and Risk Factors that appear on pages 32-38 in the company’s Form 10-Q for the quarter ended April 30, 2017, which can be accessed at www.hormelfoods.com under “Investors-SEC Filings.”