Earnings ·
Smithfield Foods updated its third quarter 2026 financial outlook on September 8, 2026, citing compression in fresh…
SFDSmithfield Foods Inc
Smithfield Foods updated its third quarter 2026 financial outlook on September 8, 2026, citing compression in fresh pork industry processing margins and lower hog prices. The company now expects a Fresh Pork adjusted operating loss of $70 million to $90 million and Hog Production adjusted operating profit of $25 million to $45 million. Packaged Meats fiscal 2026 adjusted operating income guidance remains unchanged at $1,075 million to $1,150 million. Total company third quarter adjusted operating income is projected between $115 million and $175 million. Smithfield Foods operates in the food processing industry, specializing in value-added packaged meats and fresh pork products.