Welcome to our dedicated page for Smithfield Foods news (Ticker: SFD), a resource for investors and traders seeking the latest updates and insights on Smithfield Foods stock.
Smithfield Foods Inc. (SFD), a global leader in pork production and value-added meats, maintains this dedicated news hub for investors and industry professionals. Access official press releases, financial updates, and strategic announcements from one of the world's largest integrated protein producers.
This resource provides centralized access to SFD's corporate developments including earnings reports, facility expansions, sustainability initiatives, and product innovations. Track operational milestones across hog production, processing technologies, and international market strategies through verified company communications.
Content spans quarterly financial disclosures, leadership updates, supply chain developments, and consumer product launches. Regular updates ensure stakeholders stay informed about SFD's position in the evolving food production sector.
Bookmark this page for direct access to unfiltered SFD news. Combine with Stock Titan's analysis tools to monitor the company's performance in global meat markets.
Smithfield Foods reported strong financial results for Q1 fiscal 2025, with net sales reaching $3.8 billion and operating profit soaring 97% year-over-year to $321 million. The company's operating margin improved to 8.5% from 4.7% in Q1 2024.
Key segment performance includes:
- Packaged Meats: $266 million operating profit with 13.1% margin
- Fresh Pork: $82 million operating profit
- Hog Production: Significant turnaround from -$174M to $1M
The company maintains strong liquidity of $3.23 billion, including $928 million in cash. Smithfield reaffirmed its FY2025 outlook, projecting low-to-mid-single-digit sales growth and total adjusted operating profit between $1.1-1.3 billion. The quarterly dividend remains at $0.25 per share, targeting an annual rate of $1.00 per share for fiscal 2025.
Eckrich, a brand of Smithfield Foods (NASDAQ: SFD), has launched a new national brand campaign titled 'Eckrich, the Sausage That Takes You Home.' The campaign, set to roll out throughout 2025, celebrates the connection between food, family, and home-cooked memories.
The integrated marketing initiative features creative content in multiple formats, including 30-second, 15-second, and six-second spots across CTV/TV, online video, audio, digital, and social media platforms. The campaign is supported by a refreshed website with enhanced consumer-centric design and social media integration.
Founded in 1894 in Fort Wayne, Indiana, Eckrich has evolved from a small meat market to become a recognized regional premium deli and meat brand, known for its smoked sausages and deli meats with over 130 years of tradition.
Smithfield Foods (Nasdaq: SFD), a leading American food company specializing in value-added packaged meats and fresh pork, has scheduled its first quarter fiscal 2025 financial results announcement for April 29, 2025, before market open.
The company will host a conference call at 9:00 a.m. Eastern Time to discuss the results, accompanied by a live audio webcast and related materials available at investors.smithfieldfoods.com. A replay of the call will be accessible online and via phone (877-344-7529 for domestic, 412-317-0088 for international callers, PIN: 3120320) until May 6, 2025.
Margherita, a Smithfield Culinary brand, has launched its new Jalapeño Pepperoni, combining traditional pepperoni with fresh jalapeños to meet growing consumer demand for bold flavors. The product launch aligns with market trends, as menu mentions of 'jalapeño' and 'pizza' have increased 18% over the past year, with one in four U.S. restaurants now offering jalapeños as a pizza topping.
The new product features premium quality meats, traditional curing techniques, and versatile applications across pizzas, appetizers, sandwiches, and Italian dishes. Marketing Director Edward Wayda emphasizes that this innovation caters to diners seeking bold flavors while maintaining familiar ingredients.
Smithfield Foods (Nasdaq: SFD) reported strong financial results for Q4 and fiscal year 2024, with full-year net sales of $14.1 billion and operating profit of $1.1 billion. The company's Packaged Meats segment achieved record profits, with operating profit of $1.2 billion and an improved margin of 14.0%.
Q4 performance showed net sales of $4.0 billion and operating profit of $335 million. The company declared a quarterly dividend of $0.25 per share, projecting an annual dividend rate of $1.00 per share for fiscal 2025.
For FY2025, Smithfield expects:
- Packaged Meats segment adjusted operating profit of $1,050-1,150 million
- Fresh Pork segment adjusted operating profit of $150-250 million
- Total company adjusted operating profit of $1,100-1,300 million
- Low-to-mid-single-digit sales growth
Smithfield Foods (SFD) has been added to the Russell 1000 Index, a prestigious benchmark for large-cap U.S. stocks, effective March 21, 2025. The inclusion comes as part of the quarterly addition of eligible initial public offerings to the Russell Indexes.
The Russell 1000 Index, managed by FTSE Russell, comprises the 1,000 largest publicly traded U.S. companies based on market capitalization and serves as a key benchmark for large-cap stock performance. Smithfield, a leader in value-added packaged meats and fresh pork, has reported significant operating profit growth, particularly in its Packaged Meats segment.
CEO Shane Smith highlighted that this inclusion will enhance the company's visibility among institutional investors and strengthen its position in the consumer staples sector.
Smithfield Foods announced that Canadian exports from its Tar Heel, North Carolina facility have resumed operations. The facility had faced a temporary suspension of imports by Canadian authorities due to issues with specific offal shipments. The matter has been resolved through collaboration with the USDA and the Canadian Food Inspection Agency.
Smithfield Foods (Nasdaq: SFD), a leading American food company specializing in value-added packaged meats and fresh pork, has rescheduled its fourth quarter and fiscal 2024 financial results conference call to 9:00 a.m. Eastern Time on March 25, 2025.
The financial results will be released before market open on the same day. Investors can access a live audio webcast of the conference call and related materials through investors.smithfieldfoods.com. A recorded replay will be available approximately three hours after the call's conclusion, accessible both online and via phone (877-344-7529 for domestic, 412-317-0088 for international callers) using pin number 6445081 until April 1, 2025.
Smithfield Foods has scheduled the release of its fourth quarter and fiscal 2024 financial results for Tuesday, March 25, 2025, before market open. The company, a leader in value-added packaged meats and fresh pork, will host a conference call at 8:00 a.m. Eastern Time to discuss the results.
A live audio webcast with related materials will be available at investors.smithfieldfoods.com. A replay of the call will be accessible online and via phone (877-344-7529 for domestic, 412-317-0088 for international callers, pin: 6445081) approximately three hours after the call concludes, remaining available until April 1, 2025.
Smithfield Foods (SFD) has announced its upcoming participation in two major investor conferences in March 2025. President and CEO Shane Smith will represent the company at the Citi 2025 Global Consumer & Retail Conference on March 11 and the Bank of America Consumer and Retail Conference 2025 on March 12.
At the Bank of America conference, Smith will participate in a fireside chat scheduled from 9:40 a.m. to 10:20 a.m. ET. Smithfield Foods, a leading American food company specializing in value-added packaged meats and fresh pork, has made the webcast link available for interested parties.
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