News

A sculpture adorns Smithfield Foods' hog slaughterhouse in Smithfield, Virginia, U.S. October 17, 2019. Picture taken October 17, 2019. REUTERS/Tom Polansek/File photo Purchase Licensing Rights ...
The hog production business reported operating profit of $1 million in the quarter that ended on March 30, compared to a loss of $174 million a year earlier. Its sales jumped 32% to $932 million.
Smithfield Foods has inked a deal with VisionAg, an affiliate of North Carolina’s HD3 Farms, to start a new hog production business early next year as the meat producer gears up to go public, the ...
Starting in the 1980s, the company began acquiring other pork producers and processed meat brands, including Carroll’s Foods, the second-largest hog production company in the U.S. in 1999, and ...
In the document registered with the US Securities and Exchange Commission (SEC), Smithfield Foods said it would offer a total of 34.8 million shares priced in a range of $23 to $27 as it seeks a ...
Smithfield Foods — the nation’s largest pork producer — announced Tuesday that it’s bringing about 115 jobs to Virginia’s Tidewater region over the coming months. The Smithfield -based company is ...
Smithfield Foods SFD, +2.38% is saying that it expects third-quarter results to come in flat with its profit of 4 cents a share in the second quarter. This would put the company's performance ...
Smithfield Foods Inc <SFD.N>, the largest U.S. hog and pork producer, said on Tuesday its hog unit will not be profitable in its fourth quarter ending in April, but better results are likely after ...
It believes that Smithfield is worth much more than $34 per share, based on its sum-of-parts valuation. Smithfield operates in three main business segments: Hog production, international and pork.