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.
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.
Nathan's Famous has launched a unique marketing campaign offering canned New York tap water to selected states, allowing customers to boil their hot dogs in authentic New York water. From February 20-21, 2025, residents in 17 states can enter to win a free four-pack of New York's Famous Tap Water by Nathan's, along with a coupon for free hot dogs.
The -time promotion aims to bring the authentic New York hot dog experience to homes during winter months when outdoor grilling is less convenient. Winners will be selected from eligible residents in states including North Carolina, Virginia, Maryland, Ohio, Tennessee, and others. The campaign highlights Nathan's Famous' New York heritage dating back to 1916 and their commitment to authentic New York-style hot dogs.
Smithfield Culinary, a division of Smithfield Foods (Nasdaq: SFD), has been named the Overall Winner of the 2025 International Foodservice Distributors Association (IFDA) Distributor's Choice Awards. The company also secured additional awards in strategic partner and sales leader categories.
The recognition comes from foodservice distribution companies voting for manufacturers based on excellence in business and supply chain collaboration, product innovation, and sales and marketing support. Art Michaels, vice president of distributive sales, emphasized the company's commitment to cultivating meaningful relationships with industry stakeholders.
Smithfield Culinary's success is attributed to its collaborative approach, delivering innovation and quality through trend-driven insights and targeted campaigns. The company provides comprehensive training programs to enhance business operations and maintains a portfolio of brands including Smithfield®, Margherita®, and Smoke'NFast®.
Smithfield Foods has announced the pricing of its initial public offering (IPO), offering a total of 26,086,958 shares of common stock at $20.00 per share. The offering is split equally between the company and an existing shareholder, with each selling 13,043,479 shares.
The underwriters have a 30-day option to purchase up to 3,913,042 additional shares from the selling shareholder. Trading is set to begin on January 28, 2025, on the Nasdaq Global Select Market under the ticker symbol 'SFD', with the offering expected to close on January 29, 2025.
The IPO is led by Morgan Stanley, BofA Securities, and Goldman Sachs as joint lead book-running managers, with several other financial institutions participating in various roles.
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