SMITHFIELD, Va., May 1, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on May 29, 2025 to shareholders of record at the close of business on May 15, 2025. About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.  

Brand's Latest Innovation Offers a Bold, New Way to Enjoy Your Hot Dog SMITHFIELD, Va., May 1, 2025 /PRNewswire/ -- Nathan's Famous®, the iconic brand known for over 100 years of flavor and tradition, is bringing the heat to hot dog lovers nationwide with its new Hot & Spicy Beef Franks. Crafted with premium beef and a unique blend of bold spices, the new franks are designed for those who like their classics with a kick. "Rich flavors have always been at the heart of Nathan's Famous," said Annabelle Gladfelter, brand manager for Nathan's Famous at Smithfield Foods. "With Hot &

SMITHFIELD, Va., April 29, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fiscal 2025 first quarter ended March 30, 2025. First Quarter Fiscal 2025 Financial Highlights Net sales of $3.8 billionOperating profit of $321 million; up $158 million or 97% from the first quarter of 2024Adjusted operating profit of $326 million; up $150 million or 86% from the first quarter of 2024Operating margin of 8.5%; up from 4.7% in the first quarter of 2024Adjusted operating margin of 8.6%; up from 5.1% in the first quarter of 2024Packaged Meats operating profit of $266 mill

Smoked Sausage Brand Sparks Nostalgia with Every Bite SMITHFIELD, Va., April 23, 2025 /PRNewswire/ -- Eckrich®, the beloved brand known for its delicious smoked sausages and deli meats, is proud to unveil its new national brand campaign: "Eckrich, the Sausage That Takes You Home." The campaign celebrates the powerful connection between food, family and the comforting flavors of home while showcasing how easy and delicious it can be to create a meal to remember. With over 130 years of tradition behind it, the new campaign highlights Eckrich's dedication to creating delicious, q

SMITHFIELD, Va., April 7, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the first quarter of fiscal 2025 will be released before market open on Tuesday, April 29, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed bot

SMITHFIELD, Va., March 31, 2025 /PRNewswire/ -- Margherita, a leading supplier of authentic specialty Italian meats from Smithfield Culinary, is turning up the heat with its latest creation — Jalapeño Pepperoni. Crafted with passion and using only the highest-quality ingredients, this fiery twist on a classic delivers the perfect balance of bold heat and savory richness, making it easy for foodservice operators to elevate their menus with on-trend, craveable flavors. The new Jalapeño Pepperoni is the brand's latest addition to its lineup of distinctive premium pork products. A

SMITHFIELD, Va., March 25, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fourth quarter and fiscal year ended December 29, 2024. The Company also provided its financial outlook for fiscal 2025 and announced a quarterly dividend of $0.25 per share. Full Year Fiscal 2024 Financial Highlights Net sales of $14.1 billionOperating profit of $1.1 billion; adjusted operating profit of $1.0 billionOperating margin of 7.9%; adjusted operating margin of 7.2%Packaged Meats segment operating profit of $1.2 billion; adjusted operating profit of $1.1 billion - both record

SMITHFIELD, Va., March 24, 2025 /PRNewswire/ -- Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes. The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks. The Russell 1000 is a subset of the broader Russell 3000

SMITHFIELD, Va., March 14, 2025 /PRNewswire/ -- Canadian exports from Smithfield's Tar Heel, NC facility have resumed. Last week, Canada temporarily suspended imports from this facility following an issue with a limited number of certain offal shipments. We are grateful to the USDA and the Canadian Food Inspection Agency for a quick resolution of this matter. About Smithfield FoodsSmithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.   View original cont

SMITHFIELD, Va., March 13, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the fourth quarter and fiscal 2024 will be released before market open on Tuesday, March 25, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed

SMITHFIELD, Va., May 1, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on May 29, 2025 to shareholders of record at the close of business on May 15, 2025. About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.  

SMITHFIELD, Va., April 29, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fiscal 2025 first quarter ended March 30, 2025. First Quarter Fiscal 2025 Financial Highlights Net sales of $3.8 billionOperating profit of $321 million; up $158 million or 97% from the first quarter of 2024Adjusted operating profit of $326 million; up $150 million or 86% from the first quarter of 2024Operating margin of 8.5%; up from 4.7% in the first quarter of 2024Adjusted operating margin of 8.6%; up from 5.1% in the first quarter of 2024Packaged Meats operating profit of $266 mill

SMITHFIELD, Va., April 7, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the first quarter of fiscal 2025 will be released before market open on Tuesday, April 29, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed bot

SMITHFIELD, Va., March 25, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fourth quarter and fiscal year ended December 29, 2024. The Company also provided its financial outlook for fiscal 2025 and announced a quarterly dividend of $0.25 per share. Full Year Fiscal 2024 Financial Highlights Net sales of $14.1 billionOperating profit of $1.1 billion; adjusted operating profit of $1.0 billionOperating margin of 7.9%; adjusted operating margin of 7.2%Packaged Meats segment operating profit of $1.2 billion; adjusted operating profit of $1.1 billion - both record

SMITHFIELD, Va., March 24, 2025 /PRNewswire/ -- Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes. The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks. The Russell 1000 is a subset of the broader Russell 3000

SMITHFIELD, Va., March 13, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the fourth quarter and fiscal 2024 will be released before market open on Tuesday, March 25, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed

SMITHFIELD, Va., March 11, 2025 /PRNewswire/ -- Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the fourth quarter and fiscal 2024 will be released before market open on Tuesday, March 25, 2025. The company will host a conference call at 8:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed both online a

Morgan Stanley resumed coverage of Smithfield Foods with a rating of Overweight and set a new price target of $28.00

HSBC Securities initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $29.00

UBS initiated coverage of Smithfield Foods with a rating of Buy

Goldman initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $32.00

BofA Securities initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $28.00

Citigroup initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $27.00

Barclays initiated coverage of Smithfield Foods with a rating of Overweight and set a new price target of $28.00

Morgan Stanley initiated coverage of Smithfield Foods with a rating of Overweight and set a new price target of $28.00

Exane BNP Paribas initiated coverage of Smithfield Foods with a rating of Neutral and set a new price target of $23.00

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