Every 8-K that Smithfield Foods, Inc. (SFD) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow SFD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full SFD filings page.
SMITHFIELD FOODS INC (SFD) updated its third quarter 2026 outlook, citing continued compression in the industry fresh pork market spread and lower hog prices. For the quarter, the company now expects total company adjusted operating income of $115–175 million.
By segment, Smithfield expects a Fresh Pork adjusted operating loss of $70–90 million, driven primarily by industry spread compression, and Hog Production adjusted operating profit of $25–45 million, reflecting lower hog prices. The company reaffirmed its fiscal 2026 outlook for Packaged Meats adjusted operating income of $1,075–1,150 million, supported by branded volume share gains, expanded distribution and disciplined execution in a cautious consumer environment.
Smithfield Foods, Inc. reported fiscal 2026 second-quarter and first-half results showing lower sales but significantly higher profitability and cash generation. Q2 net sales were $3.7 billion, down 2.3% year over year, mainly due to non-recurring hog production joint-venture sales in 2025 and calendar timing, while Q2 operating profit rose 11.6% to $290 million and adjusted operating profit reached a record second quarter level of $300 million. Q2 net income attributable to Smithfield 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% from 2025, but operating profit rose 7.1% to $623 million and record first-half adjusted operating profit was $638 million, up 2.3%. First-half net income attributable to Smithfield grew 17.6% to $484 million, with diluted EPS of $1.23. Segment results were mixed: Packaged Meats profits and margins declined versus 2025, while Hog Production profits improved sharply.
Liquidity remained strong, with $3,648 million of available liquidity, including $1,350 million in cash and a net debt to adjusted EBITDA ratio of 0.4x. The board declared a quarterly dividend of $0.3125 per share and anticipates an annual dividend of $1.25 per share in 2026, subject to board discretion. Reflecting macroeconomic headwinds, the company reduced its 2026 outlook, now expecting total sales to be roughly flat with 2025 and total company adjusted operating profit of $1,225–$1,375 million, lower than the prior $1,325–$1,475 million range, with notable reductions in the Hog Production segment guidance.
Smithfield Foods, Inc. reported the results of its 2026 Annual Meeting of Shareholders held on June 2, 2026. Shareholders elected three directors — Wan Long, Hank Shenghua He, and Raymond A. Starling — to serve until the 2029 Annual Meeting.
Support for the nominees was strong, with Wan Long receiving 349,402,219 votes for, Hank Shenghua He receiving 352,339,183 votes for, and Raymond A. Starling receiving 368,046,086 votes for, alongside broker non-votes of 6,143,347 for each nominee.
Shareholders also ratified the appointment of Ernst & Young LLP as independent registered public accounting firm for the fiscal year ending January 3, 2027, by 379,298,050 votes for, 424,737 against, and 7,967 abstentions. In an advisory vote, shareholders approved 2025 compensation for named executive officers, with 369,498,286 votes for, 4,053,422 against, 35,699 abstentions, and 6,143,347 broker non-votes.
Smithfield Foods reported record first‑quarter fiscal 2026 results, with net sales of $3.8 billion, up 0.8% year over year. Operating profit rose to $333 million, a 3.4% increase, driving a consolidated operating margin of 8.7%, up from 8.5%.
Net income attributable to Smithfield grew to $246 million, or $0.62 diluted EPS, while adjusted diluted EPS reached $0.64, compared with $0.57 and $0.58 in the prior‑year quarter. Packaged Meats delivered operating profit of $275 million, though its margin eased to 12.8% from 13.1%.
The company ended the quarter with $3,683 million of available liquidity, including $1,386 million in cash and a net debt to adjusted EBITDA ratio of 0.4x. The board declared a quarterly dividend of $0.3125 per share, implying an annual rate of $1.25, and management reaffirmed its fiscal 2026 outlook, including low‑single‑digit sales growth and adjusted operating profit of $1,325–$1,475 million.
Smithfield Foods, Inc. reported record fiscal 2025 results with strong growth in sales, profit and cash flow. Net sales reached $15.5 billion, up 9.8% from 2024, while operating profit rose 15.6% to $1.292 billion and adjusted operating profit increased 30.5% to $1.336 billion. Diluted EPS from continuing operations was $2.51, with adjusted diluted EPS of $2.55.
The Packaged Meats segment delivered $1.094 billion of operating profit, its fourth consecutive year above $1 billion. Smithfield generated more than $1 billion in operating cash flows and ended December 28, 2025 with $3.837 billion of available liquidity, including $1.539 billion in cash, and a net debt-to-adjusted EBITDA ratio of 0.3x.
The company paid dividends of $1.00 per share in 2025 and expects an annual dividend rate of $1.25 per share in 2026, subject to board discretion. For fiscal 2026, Smithfield guides to low-single-digit sales growth and total company adjusted operating profit between $1.325 billion and $1.475 billion, excluding the proposed Nathan’s Famous acquisition and planned Sioux Falls facility.
Smithfield Foods agreed to acquire Nathan’s Famous through a cash merger in which each Nathan’s common share will be converted into the right to receive $102.00 in cash, subject to limited exclusions such as treasury and already‑owned shares. Nathan’s will survive as the wholly owned subsidiary of Smithfield and will cease to be publicly traded after the merger closes.
The deal has been approved by the boards of Smithfield, the merger subsidiary and Nathan’s, and will be submitted to Nathan’s stockholders for approval, supported by a voting agreement covering about 29.9% of Nathan’s shares. All outstanding Nathan’s stock options and restricted stock units will be cashed out based on the $102.00 per‑share price. The merger is conditioned on Nathan’s stockholder approval, antitrust clearance, CFIUS clearance and other customary conditions, and includes reciprocal termination fee provisions of $10,581,814 payable by Nathan’s in specified circumstances and $7,407,270 payable by Smithfield if the transaction fails for certain CFIUS‑related reasons.
Smithfield Foods, Inc. furnished a press release announcing results of operations for its third fiscal quarter ended September 28, 2025. The company submitted this update via a Form 8-K under Item 2.02, with the press release attached as Exhibit 99.1.
The information in Exhibit 99.1 is furnished and is not deemed “filed” under Section 18 of the Exchange Act.
Smithfield Foods, Inc. filed a current report to let investors know it has released financial results for its second fiscal quarter ended June 29, 2025. The company states that it issued a press release on August 12, 2025 detailing its results of operations and financial condition for that quarter.
The press release is furnished as Exhibit 99.1 to this report and is incorporated by reference, but it is not deemed "filed" for liability purposes under the Exchange Act unless specifically referenced in a future filing. This 8-K is therefore a formal notice pointing readers to the separate earnings press release for full financial details.