SFD
Smithfield Foods, Inc.22.70
+0.08+0.35%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
8.92BP/E (TTM)
10.23Basic EPS (TTM)
2.22Dividend Yield
0.03%Recent Filings
10-K
FY2025 results
Smithfield Foods posted FY2025 sales of $15.5B, up 9.8% y/y, with Packaged Meats at 56% of sales driving 85% of operating profit despite a 6.4% profit dip from higher raw material costs. Hog Production swung to $176M profit from a $144M loss, fueled by reform selling sows/feed to partners Murphy Family Farms and VisionAg, cutting internal hogs to 40% of Fresh Pork needs. Q4 momentum shone in optimized ops and $1.3B Sioux Falls plant proposal. Net debt fell to 0.3x adjusted EBITDA on $1.5B cash; dividends rose to $1.25/share. Commodity swings threaten quarterly flows.
8-K
Record $1.3B profit, dividend hike
Smithfield Foods posted record fiscal 2025 operating profit of $1.3 billion on $15.5 billion sales, up 15.6% and 9.8% from 2024, fueled by Packaged Meats' fourth straight year above $1 billion and Hog Production turnaround after cutting hogs 24%. Dividend jumps to $1.25 per share in 2026. Outlook eyes low-single-digit sales growth, adjusted operating profit $1.3-1.5 billion.
8-K
Smithfield to buy Nathan's for $102/share
Smithfield Foods signed a merger agreement on January 20, 2026, to acquire Nathan's Famous for $102 per share in cash, valuing the deal at ~$450 million enterprise value. The all-cash transaction secures perpetual rights to the iconic hot dog brand, bolstering packaged meats growth via retail and foodservice channels while targeting $9 million annual cost synergies by year two. Deal awaits Nathan's stockholder approval, HSR clearance, and CFIUS nod. Risks loom if approvals fail.
8-K
Record Q3 profit, raised outlook
Smithfield Foods posted record Q3 operating profit of $310 million on $3.7 billion sales, up 12.4% year-over-year, fueled by Hog Production gains offsetting raw material costs. Packaged Meats held strong at $226 million profit despite headwinds. Raised FY25 adjusted operating profit outlook to $1.225-$1.325 billion. Net debt stays low at 0.8x adjusted EBITDA.
10-Q
Q3 FY2025 results
Smithfield Foods posted Q3 sales of $3.7B, up 12% y/y, with operating profit climbing 9% to $310M on steady gross margins near 13%. Packaged Meats drove topline while Hog Production swung to $89M profit from $40M, offsetting Fresh Pork's dip amid higher hog costs; diluted EPS from continuing ops hit $0.63, up 19% y/y, reconciling to 395M shares. Cash fell to $773M after $121M YTD operating cash flow (less $246M capex), yet $2.3B revolver availability cushions $2B debt. Acquired Nashville dry sausage facility for $38M in July 2024. Antitrust suits loom with $153M reserves.
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