Operator
Good morning, and welcome, everyone, to the Hormel Foods conference call, where they will discuss their announced definitive agreement to acquire Brakebush Brothers, LLC. My name is Joel, and I will be your conference operator today.
[Operator Instructions]
I will now pass the call to Jess Blomberg, Director of Investor Relations. Jess, you may now begin your conference.
Jess Blomberg
Director of Investor Relations
Good morning. Welcome to the Hormel Foods conference call regarding today’s announcement of our agreement to acquire Brakebush Brothers, LLC. Earlier this morning, we issued a press release announcing the transaction. If you did not receive a copy of the release, you can find it on our website, hormelfoods.com, under the Investors section, along with supplemental slide materials.
Joining me on today’s call are Jeff Ettinger, Interim Chief Executive Officer; John Ghingo, President and Chief Executive Officer-elect; and Ash Bhumbla, Chief Financial Officer. Jeff, John and Ash will discuss the strategic rationale for the acquisition, provide an overview of the transaction and review our financial expectations. We will conclude with the Q&A portion of the call, and the line will be open for questions following the prepared remarks.
Before we get started today, I’d like to reference our safe harbor statement. Some of the comments we make today will be forward-looking, and