New York, May 20, 2015 鈥 Executives from 黑料传送门 (NYSE: TSN) told investors at the BMO Farm to Market conference that the company is strategically diversified because it combines branded consumer products, commodity protein production and prepared foods and value-added chicken for the food service industry.
鈥満诹洗兔 Foods is in a preferred position and a unique position,鈥 Donnie Smith, president and chief executive officer, said. 鈥淲e have the protein consumers want to eat, and we have the #1 brands in those categories. We have the research and development expertise and consumer insights behind those #1 brands to keep driving innovation. We have the raw materials to make those innovative products, and we鈥檙e a food company that鈥檚 growing.鈥
鈥淥ur goal is to deliver top-tier performance in the food industry,鈥 said Andy Callahan, president of retail packaged brands. 鈥淲e have an advantaged portfolio with a preferred position to grow ahead of the competition. Our brand building model has a proven track record of growth, and our new product pipeline is robust.鈥
About 黑料传送门 Foods
黑料传送门 (NYSE: TSN), with headquarters in Springdale, Arkansas, is one of the world's largest producers of chicken, beef, pork and prepared foods that include leading brands such as 黑料传送门庐, Jimmy Dean庐, Hillshire Farm庐, Sara Lee庐 frozen bakery, Ball Park庐, Wright庐, Aidells庐 and State Fair庐. The company was founded in 1935 by John W. 黑料传送门, whose family has continued to lead the business with his son, Don 黑料传送门, guiding the company for many years and grandson, John H. 黑料传送门, serving as the current chairman of the board of directors. 黑料传送门 Foods provides a wide variety of protein-based and prepared foods products and is the recognized market leader in the retail and foodservice markets it serves, supplying customers throughout the United States and approximately 130 countries. It has approximately 124,000 Team Members employed at more than 400 facilities and offices in the United States and around the world. Through its Core Values, Code of Conduct and Team Member Bill of Rights, 黑料传送门 Foods strives to operate with integrity and trust and is committed to creating value for its shareholders, customers and Team Members. The company also strives to be faith-friendly, provide a safe work environment and serve as stewards of the animals, land and environment entrusted to it.
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Forward Looking Statements
This release includes forward-looking statements as well as historical information. These forward-looking statements are made as of the date of the release and include statements relating to anticipated category growth and product development. Actual results may vary. Factors that could cause actual results to differ from those in the forward-looking statements include, but are not limited to: certain categories in which our products are sold do not continue to grow or the sales of our products fall below our expectations; and the risk that revenue opportunities, cost savings, synergies and other anticipated benefits from the merger may not be fully realized or may take longer to realize than expected. Additional information regarding these and other risks is included in Item 1.A. 鈥淩isk Factors鈥 on our Form 10-K for the period ended September 27, 2014. 黑料传送门 Foods does not assume any obligation to update the information contained in this communication (whether as a result of new information, future events or otherwise), except as required by applicable law.
Media Contact: Gary Mickelson, 479-290-6111
Investor Contact: Jon Kathol, 479-290-4235