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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SMITHFIELD, Va., May 20, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods has awarded more than $280,000 in Impact Grant funding to 12 nonprofit organizations working to strengthen communities where Smithfield employees live and work. These grants build on the more than $24 million Smithfield invested in 2025 to strengthen communities nationwide, including donating more than 16 million servings of protein to neighbors experiencing food insecurity. "Through our Impact Grant Program, we are proud to partner with local organizations that are addressing real needs and creating lasting positive change," said Jim Monroe, vice president of corporate affairs for Smithfield Foods. "These grants reflect

SMITHFIELD, Va., May 12, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods released its 24th annual sustainability report highlighting the company's continued progress in animal care, environmental stewardship, food safety and community support. "Our team delivered meaningful progress against our sustainability targets in 2025, reinforcing our commitment to producing ‘Good food. Responsibly.®,'" said Shane Smith, president and chief executive officer of Smithfield Foods. "From reducing food waste to investing in animal care and environmental stewardship, we are proud of the impact our teams are making across our operations and local communities." Key Achievements in 2025 Smithfield's 2025 sus

SMITHFIELD, Va., April 30, 2026 (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 $0.3125 per share of common stock to be paid on May 28, 2026 to shareholders of record at the close of business on May 14, 2026. 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

NEW YORK, April 30, 2026 (GLOBE NEWSWIRE) -- Nathan's Famous, the world-renowned purveyor of the original Coney Island hot dog, is turning up the heat on the hot dog category with the launch of its new Nathan's Famous 100% Grass-Fed Beef Franks. Ushering in a new chapter for an American classic, the offering pairs the brand's legendary secret recipe and signature snap with premium, 100% grass-fed beef, delivering a craveable, feel-good option designed for how consumers eat today. Rooted in over a century of secret-recipe mastery, this new product delivers the signature snap and bold spices fans crave, now powered by 100% grass-fed beef. It's a thoughtful evolution for the modern pantr

SMITHFIELD, Va., April 28, 2026 (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. Tuesday, May 12 Goldman Sachs Global Staples Forum, New York, NYPresident and CEO Shane Smith Fireside Chat 10:45 am EDTWebcast link Wednesday, May 13 BMO Global Farm to Market Conference, New York, NYPresident and CEO Shane Smith will conduct 1x1 meetings 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 portfol

Disciplined Execution on Clear Strategic Priorities Drives Profitable Growth in a Dynamic Operating Environment Strong Balance Sheet and Cash Flows Support Investments in Long-Term Growth and Shareholder Value Creation SMITHFIELD, Va., April 28, 2026 (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 2026 first quarter ended March 29, 2026. First Quarter Fiscal 2026 Financial Highlights Net sales of $3.8 billion, up 0.8% from the first quarter of 2025Operating profit of $333 million, up 3.4% from the first quarter of 2025; Adjusted operating profit of

SMITHFIELD, Va., April 21, 2026 (GLOBE NEWSWIRE) -- Eckrich®, the beloved brand known for its delicious smoked sausages and deli meats, unveils the latest iteration of its national campaign "The Sausage That Takes You Home." The campaign celebrates grilling season by highlighting how Eckrich Smoked Sausage delivers ease, bold flavor and the warmth of home across everyday grilling occasions. The campaign builds on the success of the 2025 launch of "The Sausage That Takes You Home", continuing the brand's focus on the comfort and familiarity of home-centered moments. The next chapter heads to the grill, where the sizzle is loud, the laughs come easy and everyone is welcome around the tabl

SMITHFIELD, Va., April 17, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods (NASDAQ:SFD), a leader in packaged meats and fresh pork products with a diverse portfolio of iconic brands, today announced a new integrated agency team designed to accelerate market presence, deepen consumer connection and product innovation across its portfolio of brands including Smithfield, Nathan's, Eckrich, Farmland, Armour, Farmer John, Kretschmar, Carando and Margherita. Smithfield has assembled a coalition of best-in-class partners to amplify its industry leading brand strategy. As part of this effort, Leo Chicago joins as creative agency of record and LaForce as lead communications partner, working alongside ex

SMITHFIELD, Va., April 14, 2026 (GLOBE NEWSWIRE) -- Smithfield is redefining mealtime with the launch of Smithfield Meal Ready Cuts, a first-of-its-kind lineup of pre-cut, pre-marinated fresh pork designed to deliver bold, globally inspired meals in under 20 minutes. With no preparation, marinating or chopping required, the lineup brings restaurant-worthy flavor straight from package to pan. Smithfield Meal Ready Cuts meets the demands of busy weeknights, making pork an easy, exciting solution for fast meals without sacrificing flavor. Featuring pre-marinated, ready-to-cook cuts, the lineup streamlines preparation, so home cooks can create flavorful and impressive dishes in minutes, wit

SMITHFIELD, Va., April 07, 2026 (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 fiscal year 2026 first quarter will be released before market open on Tuesday, April 28, 2026. 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 ac

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SMITHFIELD, Va., April 30, 2026 (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 $0.3125 per share of common stock to be paid on May 28, 2026 to shareholders of record at the close of business on May 14, 2026. 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

Disciplined Execution on Clear Strategic Priorities Drives Profitable Growth in a Dynamic Operating Environment Strong Balance Sheet and Cash Flows Support Investments in Long-Term Growth and Shareholder Value Creation SMITHFIELD, Va., April 28, 2026 (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 2026 first quarter ended March 29, 2026. First Quarter Fiscal 2026 Financial Highlights Net sales of $3.8 billion, up 0.8% from the first quarter of 2025Operating profit of $333 million, up 3.4% from the first quarter of 2025; Adjusted operating profit of

SMITHFIELD, Va., April 07, 2026 (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 fiscal year 2026 first quarter will be released before market open on Tuesday, April 28, 2026. 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 ac

Delivering on Strategy Commitments in Defining First Year Post-IPO Achieved Annual Operating Profit of $1.3 billion; Second Consecutive Year of Record Operating ProfitFourth Consecutive Year of Packaged Meats Segment Operating Profit Above $1 BillionCompany Announces Dividend Increase to $1.25 per share in 2026 SMITHFIELD, Va., March 24, 2026 (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 fourth quarter and year ended December 28, 2025. Full Year Fiscal 2025 Financial Highlights Net sales of $15.5 billion, up 9.8% from fiscal year 2024Operati

SMITHFIELD, Va., March 03, 2026 (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 fiscal 2025 fourth quarter and full year will be released before market open on Tuesday, March 24, 2026. 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

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