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Morgan Stanley resumed coverage of Smithfield Foods with a rating of Overweight and set a new price target of $28.00

HSBC Securities initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $29.00

UBS initiated coverage of Smithfield Foods with a rating of Buy

Goldman initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $32.00

BofA Securities initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $28.00

Citigroup initiated coverage of Smithfield Foods with a rating of Buy and set a new price target of $27.00

Barclays initiated coverage of Smithfield Foods with a rating of Overweight and set a new price target of $28.00

Morgan Stanley initiated coverage of Smithfield Foods with a rating of Overweight and set a new price target of $28.00

Exane BNP Paribas initiated coverage of Smithfield Foods with a rating of Neutral and set a new price target of $23.00

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Secures Rights to Sell and Market Iconic All-Beef Hot Dog Brand into PerpetuityStrengthens Ability to Grow Nathan's Famous Brand Across Retail and Foodservice ChannelsTransaction Immediately Accretive SMITHFIELD, Va., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD) ("Smithfield Foods" or "Smithfield"), an American food company and an industry leader in value-added packaged meats and fresh pork, and Nathan's Famous, Inc. (NASDAQ:NATH) ("Nathan's Famous"), today announced that they have entered into a definitive merger agreement for Smithfield Foods to acquire all of Nathan's Famous' issued and outstanding shares for $102.00 per share in cash, which represents an ent

MIAMI, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Eckrich, the Official Smoked Sausage and Deli Meat Sponsor of the College Football Playoff, welcomed ESPN's Marty Smith to the field during the CFP National Championship on Jan. 19 in Miami. Marty Smith made three successful throws as part of the Eckrich® $1 Million Challenge for Teachers, unlocking $600,000 to benefit educators nationwide through the CFP Foundation's Extra Yard for Teachers initiative. "Big wins don't just happen on the field – they happen in classrooms every day thanks to teachers," said Shane Smith, president and CEO of Smithfield Foods. "Teachers play an essential role in every community, and contributing $3.5 million since our

SMITHFIELD, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Applications are now open for Smithfield Foods' 2026 Impact Grant Program to support nonprofit organizations driving meaningful and measurable change in local communities that Smithfield employees call home. "We're proud to support organizations that reflect our values to help build stronger, more resilient and vibrant communities," said Jim Monroe, vice president of corporate affairs for Smithfield Foods. "The Impact Grant Program is one of many ways we empower community partners to deliver high-impact change where it's needed most." Grants of $10,000 or more will be awarded through a competitive application process, with proposals ev

SMITHFIELD, Va., Nov. 19, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its participation in two upcoming investor conferences. Wednesday, December 3 Morgan Stanley Global Consumer & Retail Conference, New York, NYPresident and CEO Shane Smith Fireside Chat 2:15 pm ESTWebcast link here Wednesday, December 10 Nasdaq 53rd Investor Conference, London, UKCFO Mark Hall Fireside Chat 10:00 am EST; 3:00 pm GMTWebcast link here About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork

SMITHFIELD, Va., Oct. 31, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods donated $150,000 to 30 food banks in its 22-state operational footprint to support neighbors in local communities experiencing food insecurity. "Smithfield believes in the power of community and the importance of supporting hunger relief," said Jim Monroe, vice president of corporate affairs for Smithfield Foods. "This donation helps provide critical support to our neighbors facing hunger and reflects our continuing commitment to doing good in the places we call home." The recipient food banks include: Colorado – Food Bank of the RockiesGeorgia – Atlanta Community Food BankIllinois – Northern Illinois Food BankIndiana

SMITHFIELD, Va., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on November 26, 2025 to shareholders of record at the close of business on November 13, 2025. About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around th

SMITHFIELD, Va., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fiscal 2025 third quarter ended September 28, 2025. Third Quarter Fiscal 2025 Financial Highlights Net sales of $3.7 billion, up 12.4% from the third quarter of 2024Operating profit and adjusted operating profit of $310 millionOperating margin and adjusted operating margin of 8.3%Packaged Meats operating profit and adjusted operating profit of $226 million; operating profit margin and adjusted operating profit margin of 10.8%Diluted earnings per share from continuing operations

RALEIGH, N.C., Oct. 24, 2025 (GLOBE NEWSWIRE) -- For the fifth year in a row, Smithfield Foods Hunger Relief Day at the N.C. State Fair generated an outpouring of support for The Food Bank of Central & Eastern North Carolina (the Food Bank) to help fight hunger in the state.   On Thursday, Oct. 23, fairgoers from across North Carolina donated six cans of food in exchange for free admission. Thanks to their generosity, the event raised the equivalent of 150,000 meals or 16 truckloads of food for those facing hunger in North Carolina. Communities across North Carolina are facing the worst hunger crisis in a generation. More than 1.6 million people in North Carolina — 1 in 7 of our neighb

SMITHFIELD, Va., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the third quarter of fiscal 2025 will be released before market open on Tuesday, October 28, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be acc

SMITHFIELD, Va., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Smithfield® is turning up the flavor with a sizzlin' new collab – Smithfield Mike's Hot Honey Bacon. Bringing together two icons – bacon and honey – in one craveworthy bite, this first-of-its-kind innovation infuses Smithfield's hickory smoked bacon cured to perfection, with the signature sweet heat of Mike's Hot Honey, the original and leading hot honey brand. The result? An irresistible balance of smoky and sweet, with a kick of heat that transforms everyday moments into flavor-packed occasions. This exciting new launch is the spotlight of Smithfield's We Speak Pork campaign, underscoring the brand's commitment to deliver new flavors

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Secures Rights to Sell and Market Iconic All-Beef Hot Dog Brand into PerpetuityStrengthens Ability to Grow Nathan's Famous Brand Across Retail and Foodservice ChannelsTransaction Immediately Accretive SMITHFIELD, Va., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD) ("Smithfield Foods" or "Smithfield"), an American food company and an industry leader in value-added packaged meats and fresh pork, and Nathan's Famous, Inc. (NASDAQ:NATH) ("Nathan's Famous"), today announced that they have entered into a definitive merger agreement for Smithfield Foods to acquire all of Nathan's Famous' issued and outstanding shares for $102.00 per share in cash, which represents an ent

SMITHFIELD, Va., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on November 26, 2025 to shareholders of record at the close of business on November 13, 2025. About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around th

SMITHFIELD, Va., Oct. 28, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fiscal 2025 third quarter ended September 28, 2025. Third Quarter Fiscal 2025 Financial Highlights Net sales of $3.7 billion, up 12.4% from the third quarter of 2024Operating profit and adjusted operating profit of $310 millionOperating margin and adjusted operating margin of 8.3%Packaged Meats operating profit and adjusted operating profit of $226 million; operating profit margin and adjusted operating profit margin of 10.8%Diluted earnings per share from continuing operations

SMITHFIELD, Va., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the third quarter of fiscal 2025 will be released before market open on Tuesday, October 28, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be acc

SMITHFIELD, Va., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fiscal 2025 second quarter ended June 29, 2025. Second Quarter Fiscal 2025 Financial Highlights Net sales of $3.8 billion, up 11.0% from the second quarter of 2024Operating profit of $260 million; Adjusted operating profit of $298 millionOperating margin of 6.9%; Adjusted operating margin of 7.9%Packaged Meats operating profit of $301 million; operating profit margin of 14.5%Packaged Meats adjusted operating profit of $296 million; adjusted operating profit margin of 14.2%Dilute

SMITHFIELD, Va., July 31, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on August 28, 2025 to shareholders of record at the close of business on August 14, 2025. About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the wo

SMITHFIELD, Va., July 15, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the second quarter of fiscal 2025 will be released before market open on Tuesday, August 12, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be acc

SMITHFIELD, Va., May 1, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on May 29, 2025 to shareholders of record at the close of business on May 15, 2025. About Smithfield FoodsSmithfield Foods, Inc. (NASDAQ:SFD) is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and customers, we responsibly meet demand for quality protein around the world.  

SMITHFIELD, Va., April 29, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today reported results for its fiscal 2025 first quarter ended March 30, 2025. First Quarter Fiscal 2025 Financial Highlights Net sales of $3.8 billionOperating profit of $321 million; up $158 million or 97% from the first quarter of 2024Adjusted operating profit of $326 million; up $150 million or 86% from the first quarter of 2024Operating margin of 8.5%; up from 4.7% in the first quarter of 2024Adjusted operating margin of 8.6%; up from 5.1% in the first quarter of 2024Packaged Meats operating profit of $266 mill

SMITHFIELD, Va., April 7, 2025 /PRNewswire/ -- Smithfield Foods, Inc. (NASDAQ:SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the first quarter of fiscal 2025 will be released before market open on Tuesday, April 29, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will be available online at investors.smithfieldfoods.com. A recorded replay of the conference call will be available approximately three hours after the conclusion of the call and can be accessed bot