Hormel Foods CEO Jim Snee told CNBC's Jim Cramer on Thursday that his company is set up to do well as weight-loss drugs gain popularity, citing a varied "protein portfolio."
Hormel Foods is known for brands like Planters, Skippy, Justin's and Spam.
According to Snee, Hormel's protein products appeal to most consumers, as the company offers "affordable protein," "indulgent protein," "natural and organic protein," as well as meat and "non-meat" protein.
The company has a variety of flavored Spam products, with maple Spam as its newest iteration.
"We've got a couple of really neat flavors still yet to come in the next year or so," Snee said.
Persons:
Jim Snee, CNBC's Jim Cramer, Snee, Hormel, We've
Organizations:
Hormel, Planters