Smithfield Foods (SFD) Q2 2026 Earnings Call Transcript
Smithfield Foods reported record adjusted operating profit for Q2 and H1 2026 despite a cautious consumer environment and volatile commodity markets. The company updated its full-year guidance to reflect softer market assumptions in hog production and fresh pork, while reaffirming its capital expenditures and dividend plans. Smithfield emphasized its vertically integrated model and strategic focus on expanded distribution, omni-channel marketing, and operational efficiencies to drive long-term growth.
CUPs: What they are, why Crooks residents sued Sioux Falls
Residents of Crooks, South Dakota, have sued the City of Sioux Falls over its approval of a conditional use permit (CUP) for a new Smithfield meatpacking plant. The lawsuit alleges that the city did not follow proper procedure in granting the permit, which allows the plant to be built closer to residential areas than typical zoning laws permit. This case highlights ongoing tensions between rural residents and development decisions, and also sheds light on the controversial nature and changing regulations surrounding CUPs in South Dakota.
Smithfield Foods, Inc. $SFD Holdings Trimmed by Royal Bank of Canada
Royal Bank of Canada significantly reduced its holdings in Smithfield Foods, Inc. by 62.1% in the first quarter, selling over 112,000 shares. Despite this, other institutions like Goldman Sachs and JPMorgan Chase increased their stakes, and analyst sentiment generally remains positive with a "Moderate Buy" consensus. Smithfield Foods reported strong quarterly earnings, beating estimates, and declared a quarterly dividend of $0.3125 per share.
Global Retirement Partners LLC Buys Shares of 74,819 Smithfield Foods, Inc. $SFD
Global Retirement Partners LLC recently purchased 74,819 shares of Smithfield Foods, Inc. (NASDAQ:SFD) worth approximately $1.82 million. Several other institutional investors also acquired new stakes in the company. Analysts have issued a "Moderate Buy" consensus rating for Smithfield Foods, with an average price target of $31.50, and the company recently announced a quarterly dividend of $0.3125 per share.
Bank of America Corp DE Buys 531,461 Shares of Smithfield Foods, Inc. $SFD
Bank of America Corp DE significantly increased its stake in Smithfield Foods, Inc. (NASDAQ:SFD) by 192.8% in the first quarter, purchasing an additional 531,461 shares. The fund now owns 807,111 shares valued at approximately $22.575 million. This comes amidst varied analyst ratings, with an average "Moderate Buy" and a target price of $31.50 for Smithfield Foods.
Smithfield Foods (SFD) Stock Trades Below Fair Value After A 10% Fall
Smithfield Foods (SFD) stock has experienced a 10% decline recently, yet analysis suggests it remains undervalued based on both Discounted Cash Flow (DCF) intrinsic value estimates and earnings multiples. The company's free cash flow analysis indicates a 39.3% discount, while its P/E ratio of 8.5x is significantly lower than the Food industry average of 19.5x. The report concludes that if the company maintains steady free cash flow and resilient earnings, there's potential for the stock's discount to narrow.
Eckrich® Named Official Smoked Sausage and Deli Meat Partner of the Big Ten Conference
Eckrich has announced a new collaboration with the Big Ten Conference, becoming its Official Smoked Sausage and Deli Meat Partner. This partnership expands Eckrich's commitment to college athletics beyond football, celebrating shared Midwestern roots and the fan experience. The "A House United" campaign will bring campus tailgates and activations to life, and Eckrich will continue its support for educators through the College Football Playoff Foundation Extra Yard for Teacher Makeovers in Big Ten university communities.
Smithfield Foods: Hog Production Profit Surges 192% As Vertically Integrated Model Offsets Packaged Meats Pressure
Smithfield Foods reported a significant 192.2% surge in Hog Production operating profit to $64 million in Q2 fiscal 2026, driven by its vertically integrated business model. This strong performance in hog production helped offset declines in the Packaged Meats and Fresh Pork segments, leading to an overall 11.6% increase in consolidated operating profit to $290 million despite a 2.3% dip in sales. The company achieved record first-half operating profit and strong liquidity, highlighting the effectiveness of its diversified strategy.
Smithfield Foods (SFD) Stock Trades Below Fair Value After A 10% Fall
Smithfield Foods (SFD) stock has declined nearly 10% recently, yet intrinsic value estimates and earnings multiples suggest it remains undervalued. Both Discounted Cash Flow (DCF) analysis and P/E ratio comparisons indicate the stock trades at a significant discount to its fair value and industry peers. The key for investors is whether the company can maintain strong cash flow generation and earnings resilience to close this valuation gap.
Smithfield Foods (SFD) Stock Caught In A Packaged Meats Margin Squeeze
Smithfield Foods (SFD) experienced a 2.3% stock drop despite a mixed Q2 2026 earnings report, primarily due to a margin squeeze in its packaged meats business. While the company saw revenue of US$3.7 billion and adjusted EPS of US$0.62, profitability was impacted by higher freight, packaging, and marketing costs. Management also cut full-year adjusted operating profit guidance, indicating flat sales for 2026 and concerns about continued cost and spread pressures.
Smithfield Foods (SFD) boosts earnings and plans Nathan’s Famous acquisition
Smithfield Foods reported strong profitability for the quarter and first half ending June 28, 2026, with net income rising despite slightly lower sales. The company announced a pending all-cash acquisition of Nathan’s Famous, Inc. for $102.00 per share, expected to close in the second half of 2026, funded by cash on hand. Smithfield also continues restructuring efforts, including facility closures and administrative optimization, while managing litigation-related contingent liabilities.
Smithfield Foods lowers expected 2026 profit
Smithfield Foods has reduced its 2026 adjusted operating profit outlook to $1.2 billion-$1.3 billion, down 7%-10% from earlier forecasts, due to cautious consumer spending. Despite this, the company reported a record $300 million second-quarter adjusted operating profit and continues to focus on growing its packaged meats segment and expanding brands like Nathan's Famous. Smithfield Foods remains confident in its long-term strategy and financial stability, even with expected cost volatility.
Smithfield Foods cuts 2023 sales forecast amid tougher market, shares drop over 5% in five days
Smithfield Foods, Inc. has lowered its 2023 sales forecast to flat for the year due to a challenging second quarter and more selective consumer shopping habits. This guidance downgrade resulted in the company's shares falling over 5% in the past five days. Despite the drop, some analysts consider the stock to be fairly valued given current market conditions.
Smithfield Foods (SFD) Stock Caught In A Packaged Meats Margin Squeeze
Smithfield Foods (SFD) saw its stock drop by 2.3% due to a margin squeeze in its core packaged meats business, despite a 26.6% increase in net income for Q2 2026. Higher freight, packaging, and marketing costs have impacted profitability, leading to a 1.1 percentage point decrease in the packaged meats operating margin. The company's full-year adjusted operating profit guidance has been cut, suggesting limited top-line momentum and investor concerns over cost and spread pressures.
Smithfield Lowers Outlook on Consumer Caution, Softer Meat and Hog Markets
Smithfield Foods has cut its outlook for the year due to inflation-weary consumers buying less pork and fewer hams. CEO Shane Smith noted that consumers are becoming choosier in grocery stores, and the company is also facing pressure from higher operational costs.
Smithfield Foods Q2 Earnings Call Highlights
Smithfield Foods reported a record second-quarter adjusted operating profit of $300 million, a 2% increase year-over-year, with adjusted EPS rising to $0.62. This performance was driven by strong results in packaged meats and hog production, despite declines in overall sales and fresh pork profitability. However, the company lowered its full-year 2026 outlook due to cautious consumer spending, ongoing inflation, and weaker commodity market expectations.
Smithfield Foods leans on Packaged Meats growth in Q2
Smithfield Foods reported a 26.6% increase in profit and a record first half for operating profit in Q2 fiscal year 2026, despite a 2.3% dip in total revenue. The company attributed its strong performance to its vertically integrated business model and market share gains in key branded categories, particularly within its Packaged Meats segment. Smithfield is focusing on quality merchandising, brand advertising, and new product innovations like affordable LunchMakers to appeal to cautious, value-seeking consumers.
Smithfield Foods, Inc. 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:SFD) 2026-08-11
Smithfield Foods, Inc. (SFD) has published its Q2 2026 earnings call presentation. The company reported an EPS of $0.62, beating estimates by $0.02, and revenue of $3.70 billion, exceeding expectations by $53.52 million despite a 2.27% year-over-year decrease. This information was released in conjunction with their earnings call on August 11, 2026.
Smithfield reports record first-half operating profit for fiscal 2026
Smithfield Foods Inc. reported record first-half operating and adjusted operating profit for fiscal 2026, reaching $623 million and $638 million respectively, despite a challenging macroeconomic environment. The company's strong performance was driven by its integrated business model, brand strength, and disciplined execution. However, due to cautious consumer spending and higher input costs, Smithfield has updated its full-year fiscal 2026 outlook, adjusting sales and operating profit expectations for its segments.
Smithfield Foods (SFD) boosts earnings but trims 2026 profit guidance
Smithfield Foods reported strong financial results for the first half of fiscal 2026, with significantly higher profitability and cash generation despite slightly lower sales. The company achieved record first-half adjusted operating profit and increased diluted EPS, demonstrating financial flexibility with strong liquidity and low leverage. However, citing macroeconomic headwinds and cautious consumer spending, Smithfield Foods has reduced its full-year 2026 profit guidance, particularly for its Hog Production segment.
Smithfield Foods 2026: Revenue $3.7B, EPS $0.6— 10-Q Summary
Smithfield Foods reported its Q2 2026 results, showing consolidated revenue of $3.7 billion, a slight decrease of 2.3% year-over-year. Despite the revenue dip, net income rose to $238 million and diluted EPS increased to $0.6, representing improvements of 26.6% and 25% respectively. The company is focusing on higher-margin products, operational efficiencies, and strategic acquisitions to drive future growth.
782,148 Shares in Smithfield Foods, Inc. $SFD Acquired by Assenagon Asset Management S.A.
Assenagon Asset Management S.A. recently acquired 782,148 shares of Smithfield Foods (NASDAQ:SFD), valued at approximately $18.98 million, establishing a 0.20% stake in the company. This acquisition follows similar moves by other institutional investors and comes as analysts maintain a "Moderate Buy" rating with a consensus price target of $30.88. Smithfield Foods also announced a quarterly dividend of $0.3125 per share, representing an annualized yield of 4.9%.
Dimensional Fund Advisors LP Purchases Shares of 371,131 Smithfield Foods, Inc. $SFD
Dimensional Fund Advisors LP acquired 371,131 shares of Smithfield Foods, Inc. (NASDAQ:SFD) for approximately $10.4 million, representing a 0.09% stake. Other hedge funds also increased their positions in the company. Smithfield Foods has a consensus "Moderate Buy" rating from analysts with an average target price of $30.88 and declared a quarterly dividend of $0.3125 per share.
Here's What We Like About Smithfield Foods' (NASDAQ:SFD) Upcoming Dividend
Smithfield Foods, Inc. (NASDAQ:SFD) is set to trade ex-dividend soon, offering a payment of US$0.3125 per share, resulting in a trailing yield of 4.9%. The company's dividend appears sustainable, with payouts comfortably covered by both profit (41%) and free cash flow (50%). Additionally, Smithfield Foods has shown consistent earnings per share growth of 6.8% per annum over the last five years, indicating a healthy financial position for continued dividend payments.
Smithfield Foods Inc expected to post earnings of 60 cents a share - Earnings Preview
Smithfield Foods Inc is projected to report earnings of 60 cents per share, according to this earnings preview. The full article provides more detailed analysis and is available through TradingView's news access.
Smithfield Foods Supports Students Through Feed the Children Resource Rallies
Smithfield Foods and Feed the Children have partnered to launch a series of three Resource Rallies to help 1,200 families prepare for the upcoming school year. Smithfield is contributing $100,000 and thousands of pounds of protein, along with employee volunteers, to provide food, essentials, and school supplies. This initiative builds on a three-year partnership aimed at fighting childhood hunger and ensuring students have the resources needed to succeed.
Nathan’s Famous Reports First Quarter Fiscal 2027 Results and Progress Toward Smithfield Foods Merger
Nathan's Famous, Inc. reported its first fiscal quarter 2027 results, showing increased revenues of $54.06 million, up from $46.99 million in the prior year, primarily due to higher license royalties and strong Branded Product Program sales. Despite the revenue growth, net income slightly decreased to $8.83 million from $8.93 million, and income from operations dipped to $12.67 million, largely impacted by a 22% rise in beef costs. The company also confirmed its pending acquisition by Smithfield Foods for $102.00 per share, valued at approximately $450 million, expected to close in the second half of 2026.
Smithfield Foods, Inc. Revenue Breakdown – SWB:4IT
Smithfield Foods, Inc. (SWB:4IT) generated €13.22 billion in revenue last year, with its Packaged Meats segment contributing the most at €7.46 billion. The United States was the largest regional contributor, accounting for €11.30 billion of the company's revenue. This financial data indicates the primary drivers of the company's performance.
Smithfield Foods, Inc. Stock 12‑Month Price Target Cut to $30.58, Implies 21% Upside
The average 12-month price target for Smithfield Foods, Inc. stock has been lowered to $30.58 from $31.06 by six analysts, implying a potential 21% upside from its August 5 closing price. Despite the reduction, the consensus rating for the stock remains a "Buy," with five analysts recommending Buy and one recommending Hold. Investors can find more detailed price target data and analyst recommendations on TradingView's platform.
Arrowstreet Capital Limited Partnership Acquires Shares of 84,055 Smithfield Foods, Inc. $SFD
Arrowstreet Capital Limited Partnership recently purchased 84,055 shares of Smithfield Foods, Inc. (NASDAQ:SFD) for approximately $2.35 million in the first quarter. Several other hedge funds also increased their holdings in the company, indicating continued institutional interest. Smithfield Foods has a "Moderate Buy" consensus rating from analysts, an average price target of $30.88, and recently announced a quarterly dividend of $0.3125 per share.
Landowners Upset with Proposed Site of New Smithfield Foods
Landowners in northwest Sioux Falls are challenging a conditional use permit for a new Smithfield Foods plant, which is expected to process about 23,000 hogs per day. The property owners are concerned because the proposed plant location is directly across the street from existing homes. The city has until August 25th to respond to the challenge.
Landowners challenge Smithfield plant permit in court
A group of landowners in Minnehaha County has challenged the conditional use permit for a new Smithfield Foods processing plant at Foundation Park, arguing that the city of Sioux Falls did not follow proper administrative procedures. Neighbors expressed concerns about potential odor, noise, and traffic from the facility, which is slated to process up to 23,000 hogs per day and is located near existing homes. The court's role will be to determine if the city's review process was legally sound, not to rule on the plant's location suitability.
Smithfield Foods (SFD) Stock May Be A Bargain As Cash Flow Holds Up
Smithfield Foods (SFD) stock has gained 17.6% year-to-date, yet analysis using both Discounted Cash Flow (DCF) and P/E multiples suggests it remains undervalued. The DCF model indicates a 26.4% discount to its intrinsic value, while its P/E ratio of 10.2x is below industry and peer averages. The article concludes that if the company can maintain its strong cash generation, the current discount represents a potential opportunity.
Smithfield Foods (SFD) Stock May Be A Bargain As Cash Flow Holds Up
Smithfield Foods (SFD) stock, despite gaining 17.6% year-to-date, appears undervalued according to both Discounted Cash Flow (DCF) and P/E ratio analyses. The DCF model suggests a 26.4% discount to its intrinsic value, while its P/E ratio of 10.2x is below industry and peer averages. The article emphasizes that the stock's future performance hinges on its ability to maintain reliable free cash flow generation without margin pressure or increased investment.
Sei Investments Co. Acquires 203,423 Shares of Smithfield Foods, Inc. $SFD
Sei Investments Co. significantly increased its stake in Smithfield Foods, Inc. by purchasing an additional 203,423 shares, bringing its total ownership to 396,032 shares valued at approximately $11.1 million. The company currently holds a "Moderate Buy" consensus rating from analysts with a target price of $30.88, and recently announced a quarterly dividend of $0.3125 per share. Smithfield Foods, a major pork processor, reported a market capitalization of $10.25 billion and a P/E ratio of 10.17.
Smithfield Foods, Inc. (NASDAQ:SFD) to Issue Quarterly Dividend of $0.31
Smithfield Foods, Inc. (NASDAQ:SFD) has declared a quarterly dividend of $0.3125 per share, payable on August 27th to shareholders of record on August 13th. This dividend represents a 4.7% yield with a payout ratio of 54.3%, supported by recent earnings of $0.64 per share, which exceeded analyst estimates. The company also reported strong revenue growth and increased institutional investor interest, indicating robust financial health.
Smithfield Foods Inc (SFD) Valuation: PE, PB & Fair Value Analysis
This article provides a valuation analysis for Smithfield Foods Inc (SFD), noting its current valuation score of 9.23, ranking 20th in the Food & Tobacco industry. It highlights the company's P/E ratio of 10.36, which is below its recent high but above its recent low. The report also states that relevant data for P/B, P/S, and P/CF ratios have not yet been disclosed by the company.
Dayah Capital LLC Purchases Shares of 70,000 Smithfield Foods, Inc. $SFD
Dayah Capital LLC recently acquired 70,000 shares of Smithfield Foods (NASDAQ:SFD) for approximately $1.96 million, making it their 25th largest holding. Other institutional investors like Millennium Management LLC and Balyasny Asset Management L.P. also significantly increased their stakes. Smithfield Foods currently holds a "Moderate Buy" rating with an average target price of $30.88, having exceeded Q4 earnings estimates and declared a quarterly dividend.
Smithfield Foods Declares Quarterly Dividend
Smithfield Foods, Inc. announced that its Board of Directors has approved a quarterly dividend payment of $0.3125 per share of common stock. The dividend will be paid on August 27, 2026, to shareholders of record as of August 13, 2026. The company is an American food industry leader in packaged meats and fresh pork products.
Smithfield Foods Maintains Quarterly Dividend at $0.3125 a Share, Payable on Aug. 27 to Shareholders of Record on Aug. 13
Smithfield Foods (SFD) announced it will maintain its quarterly dividend at $0.3125 per share. The dividend is scheduled to be paid on August 27 to shareholders of record as of August 13. The company, which specializes in packaged meats and fresh pork, also has an earnings release scheduled for Q2 2026 on August 11.
Smithfield Foods Sets Aug. 27 Date for Dividend Payment
Smithfield Foods (Nasdaq: SFD) announced a quarterly dividend of $0.3125 per share of common stock. The dividend is payable on August 27, 2026, to shareholders of record as of August 13, 2026. This declaration was made by the company's Board of Directors on July 30, 2026.
Smithfield Foods Declares Quarterly Dividend
Smithfield Foods, Inc. announced that its Board of Directors approved a quarterly dividend payment of $0.3125 per share of common stock. The dividend will be paid on August 27, 2026, to shareholders of record at the close of business on August 13, 2026. Smithfield Foods is an American food company known for its packaged meats and fresh pork products.
Smithfield Foods Declares Quarterly Dividend
Smithfield Foods, Inc. announced its Board of Directors approved a quarterly dividend payment of $0.3125 per share of common stock. The dividend will be paid on August 27, 2026, to shareholders of record as of August 13, 2026. The company, an industry leader in packaged meats and fresh pork, made the announcement from Smithfield, Va.
Smithfield Foods Inc (SFD) Technical Analysis: Support, Resistance, Indicators & Moving Averages
This article provides a technical analysis of Smithfield Foods Inc (SFD), detailing its stock price momentum, support and resistance levels, and insights from various technical indicators and moving averages. The stock is currently trading between resistance at $28.51 and support at $25.19, with a price momentum score of 3.56. While some indicators suggest buy signals, the overall technical rating based on moving averages and other indicators is Neutral.
Readystate Asset Management LP Sells 90,765 Shares of Smithfield Foods, Inc. $SFD
Readystate Asset Management LP significantly reduced its holdings in Smithfield Foods, Inc. by selling 90,765 shares, representing a 60.2% cut, while still retaining 60,000 shares worth $1.68 million. Despite this sale, other institutional investors increased their stakes in SFD, and the company reported strong Q1 earnings, beating analyst estimates with $0.64 EPS and $3.80 billion in revenue. Analyst sentiment remains positive, with a "Moderate Buy" consensus and an average price target of $30.88, alongside a consistent quarterly dividend.
Smithfield Foods Inc (SFD) Financial Health: Profitability & Balance Sheet Analysis
Smithfield Foods Inc (SFD) currently holds a strong financial score of 8.18, ranking 16th out of 93 in the Food & Tobacco industry, indicating robust financial health with average operating efficiency. The company reported a quarterly revenue of $3.80 billion, showing a 0.77% year-over-year increase, and net profit surged by 9.82% year-over-year. Although specific data on cash and equivalents, total assets, liabilities, and free cash flow were not disclosed, its overall financial indicators suggest positive performance.
Smithfield Foods Number of Employees 2026 | Employee Count & Headcount Data
This article provides detailed workforce intelligence data for Smithfield Foods, Inc. (SFD) as of March 2026, indicating approximately 11,373 employees worldwide, a 6.3% decline since 2023. It also highlights that Smithfield Foods is actively hiring, with 960 active job postings in 2026, and offers insights into employee count by region and department, salary data, and hiring trends. The company, headquartered in Smithfield, Virginia, since 1936, focuses on producing "Good food. Responsibly.®" and employs nearly 60,000 people across seven countries, though the specific data presented is for a smaller scope.
SFD|Smithfield Foods Inc|Price:26.585|Chg%:+0.325
This article provides a comprehensive stock analysis of Smithfield Foods Inc (SFD) by TradingKey, detailing its financial health, valuation, growth potential, and institutional confidence. The company received an overall score of 6.84/10, ranking 16th in the Food & Tobacco industry. Analysts have given a "Buy" rating with a target price of 31.417, suggesting an upside of 19.64%.
Smithfield discusses why Sioux Falls is the ideal location for new facility
Smithfield Foods plans to invest up to $1.3 billion in a new, state-of-the-art pork processing facility in Sioux Falls, South Dakota, set to break ground in spring 2027. The company emphasizes South Dakota's ideal location due to its proximity to hog producers and feed sources, supporting the local agricultural economy. This new facility will replace their 115-year-old plant, incorporating advanced technology for optimal efficiency and improved employee experience.
Healthcare of Ontario Pension Plan Trust Fund Buys 581,100 Shares of Smithfield Foods, Inc. $SFD
The Healthcare of Ontario Pension Plan Trust Fund significantly increased its stake in Smithfield Foods, purchasing an additional 581,100 shares, bringing its total to 831,100 shares valued at approximately $23.25 million. This move comes as Smithfield Foods exceeded quarterly earnings expectations and maintains a substantial dividend yield of 4.8%. Analysts currently rate the stock a "Moderate Buy" with an average price target of $30.88.
