Smithfield Foods posts higher Q1 profit and $3.80 billion in sales

14 articles · Updated · MarketWatch · Apr 28

Net income rose to $246 million, or 62 cents a share, with packaged-meats sales up 6.2% to $2.15 billion.
Adjusted operating profit climbed 4% to $339 million, and the company reaffirmed its 2026 forecast, expecting sales growth and $1.33–$1.48 billion adjusted operating profit.
Smithfield continues to manage inflationary costs and consumer trends, plans $350–$450 million in capital expenditures, and saw shares slip 1.1% in premarket trading.

Why did Smithfield's stock price fall after the company announced record profits?

Can booming packaged meats sales save Smithfield from its declining fresh pork business?

How does its Chinese ownership influence Smithfield's strategy in the U.S. market?

Is Smithfield's success a sign that the plant-based meat trend is over?

With record profits, will consumers actually see the price of bacon go down?

If the company is so successful, why does an analysis suggest its stock is undervalued?