Smithfield Foods, Inc. (Nasdaq: SFD) is an American food company with a leading position in packaged meats and fresh pork products. This news page aggregates company announcements, press releases and updates that reflect how Smithfield operates as a public packaged foods and consumer defensive business.
Recent news highlights include quarterly and year-to-date financial results, dividend declarations and participation in investor conferences. Smithfield Foods reports segment performance for Packaged Meats, Fresh Pork and Hog Production, discusses operating profit and adjusted operating profit, and provides outlook commentary, often through press releases that are later furnished on Form 8-K.
Investors and observers can also see how Smithfield Foods uses its brand portfolio and marketing campaigns. For example, the Smithfield® brand has launched products such as Smithfield Mike’s Hot Honey Bacon in collaboration with Mike’s Hot Honey, supported by a “We Speak Pork” campaign that includes media, influencer engagement and experiential activations. Brand-related news also covers sponsorships and partnerships, such as the Eckrich® brand’s long-running support of the College Football Playoff Foundation’s Extra Yard for Teachers initiative.
Another theme in Smithfield’s news flow is community and philanthropic activity. The company announces donations of protein to food banks, details on its Helping Hungry Homes® hunger relief program, and the launch of its Impact Grant Program for nonprofits aligned with focus areas including hunger relief, education, hometown heroes and community vitality.
By reviewing the Smithfield Foods (SFD) news feed, readers can follow financial disclosures, capital markets transactions, product launches, marketing collaborations and community investments, all drawn from official company communications and regulatory-related announcements.
Smithfield Foods (SFD) released a Smithfield Culinary survey finding that 46% of monthly pizza consumers rank toppings as pizza’s most important component. Crust ranked first for 30%, followed by sauce at 13% and cheese at 11%. The findings describe consumer preferences, rather than Smithfield’s financial results.
The survey found that 79% had made a special effort to try a particular pizza, while 25% had traveled 25 miles or more to eat pizza or visit a particular restaurant. Pepperoni’s staying power drew agreement from 93%, and 49% named sausage as their favorite pairing with pepperoni.
The online research covered 2,000 U.S. adults who typically order restaurant pizza at least monthly. Conducted September 3–10, 2026, it had a margin of error of plus or minus two percentage points at a 95% confidence level.
Smithfield Foods (SFD) will release its third-quarter fiscal 2026 financial results before market open on October 27, 2026.
The company will host a conference call at 9:00 a.m. Eastern Time that day. A live audio webcast and related materials will be available on its investor website.
Smithfield Foods (SFD) marked its 90th anniversary on Sept. 16, 2026, with a celebration at its longtime headquarters in Smithfield, Virginia.
Founded on Sept. 16, 1936 by Joseph W. Luter Sr. and Joseph W. Luter Jr. as Smithfield Packing Company, the business has grown from a local ham-curing operation into a major fresh pork and value-added packaged meats company. Smithfield now employs 32,000 people in the U.S., operates 38 processing facilities and sources from 10,000 independent farms in 30 states. Its brand portfolio has expanded from the original Smithfield® brand to include Gwaltney and numerous others, and in January 2026 it announced an agreement to acquire all shares of Nathan’s Famous®.
Smithfield serves 100% of the top 10 U.S. national grocery retailers and 70% of the top 50 national foodservice chains.
Smithfield (SFD) will extend its role as presenting sponsor of the Commonwealth Clash rivalry between the University of Virginia and Virginia Tech for the 2026–27 season.
The company will launch a new “Baconbassador” fan program involving students, alumni and athletes to boost engagement around games, tailgates and social content. Smithfield will also run a season-long food drive supporting both universities’ campus food assistance programs, with donations tracked and a Community Champion recognition for the school collecting the greatest total weight.
Smithfield Foods (SFD) updated its third-quarter 2026 outlook following weaker fresh pork processing margins and lower hog prices.
The company now expects a Fresh Pork adjusted operating loss of $70 million to $90 million, as USDA pork cutout declines further compressed the industry market spread. For Hog Production, it expects third-quarter adjusted operating profit of $25 million to $45 million, reflecting reduced hog prices and a more conservative profitability view.
Smithfield reaffirmed fiscal 2026 Packaged Meats adjusted operating income guidance of $1,075 million to $1,150 million and projects total company third-quarter adjusted operating income of $115 million to $175 million. Updated full-year guidance for Fresh Pork, Hog Production and total company will be provided with third-quarter results.
Smithfield Foods (Nasdaq: SFD) announced that President and CEO Shane Smith will join a fireside chat at the Barclays 19th Annual Global Consumer Conference in Boston, MA, on Thursday, September 10, 2026, at 12:00 PM EDT. A live listen-only webcast and a replay, available until March 9, 2027, can be accessed via Smithfield Foods’ investor relations website.
Eckrich (SFD) announced a landmark multi-year partnership making it the Official Smoked Sausage and Deli Meat Partner of the Big Ten Conference. The collaboration extends Eckrich’s long-standing presence in college football across Big Ten athletics and launches the A House United creative platform to celebrate fan traditions and community connections.
According to the company, the 2026–2027 season will feature campus tailgates, Big Ten Network Tailgate Tour activations, and continued support of the College Football Playoff Foundation’s Extra Yard for Teachers, including six K–8 school makeovers in Big Ten communities.
Smithfield Foods (Nasdaq: SFD) reported fiscal 2Q 2026 net sales of $3.7 billion, down 2.3% year over year, but operating profit rose 11.6% to $290 million and adjusted operating profit reached a record $300 million. Net income increased 26.6% to $238 million, with diluted EPS of $0.60.
For the first six months of 2026, net sales were $7.5 billion (down 0.8%), while operating profit grew 7.1% to $623 million and record adjusted operating profit reached $638 million. Net income rose 17.6% to $484 million, and operating cash flow increased by $96 million to $204 million. Smithfield ended the quarter with $3,648 million of liquidity and a net debt to adjusted EBITDA ratio of 0.4x.
The Board declared a quarterly dividend of $0.3125 per share, targeting an annual rate of $1.25 per share. The company lowered its FY 2026 outlook, now expecting flat sales versus 2025 and total adjusted operating profit of $1,225–$1,375 million, with reduced segment profit ranges, particularly in Hog Production.
Smithfield Foods (Nasdaq: SFD) is partnering with Feed the Children on three 2026 Feed the Children Resource Rallies to support about 1,200 families ahead of the school year. Smithfield is contributing $100,000 and donating thousands of pounds of protein for events in Nashville, Tennessee; Denison, Iowa; and Kinston, North Carolina.
Each rally will aid roughly 400 families with a 25-pound box of shelf-stable food, a 15-pound box of hygiene items, and student backpacks with school supplies and a meal kit. The effort builds on a three-year partnership and Smithfield’s Helping Hungry Homes® program, which has donated over 340 million protein servings since 2008.
Smithfield Foods (Nasdaq: SFD) announced that its Board of Directors has approved a quarterly dividend of $0.3125 per share of common stock. The dividend is scheduled to be paid on August 27, 2026 to shareholders of record as of the close of business on August 13, 2026.