Smithfield Foods Reports Record Third Quarter Results
Smithfield Foods, Inc. announced its financial results for the third fiscal quarter ended September 28, 2025. The company reported net sales of $3.7 billion, a 12.4% increase from the same period in 2024. Operating profit and adjusted operating profit were $310 million, with an operating margin of 8.3%. The Packaged Meats segment achieved an operating profit of $226 million, with a margin of 10.8%. Diluted earnings per share from continuing operations were $0.63, while adjusted diluted earnings per share were $0.58. CEO Shane Smith highlighted the company's disciplined execution and strong performance despite higher raw material costs and cautious consumer spending. The company also updated its full-year outlook, increasing its adjusted operating profit expectations.