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Pork processor Smithfield Foods posts higher sales, profit on strong demand
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Pork processor Smithfield Foods posts higher sales, profit on strong demand
Aug 12, 2025 2:07 AM

Aug 12 (Reuters) - Smithfield Foods ( SFD ) posted a

rise in second-quarter sales and profit on Tuesday, helped by

resilient demand for its packaged meats, including bacon, and

fresh pork business.

Consumers grappling with rising costs of living and tariff

volatilities have increasingly opted to cook meals at home over

dining out, aiding the business of meat packers such as

Smithfield and Tyson Foods ( TSN ).

The Virginia-based company sells its pork, ham and sausages

under brands, including Smithfield, priced between $5 and $17 at

Walmart. It also sells products under brands Eckrich and

Nathan's Famous.

Its sales rose 11% to $3.79 billion during the quarter. It

posted adjusted profit of 55 cents per share, compared with 51

cents a year ago.

The U.S. pork processor also raised its annual operating

profit forecast, betting on the benefits from its cost-savings

measures, including workforce reduction and trimming down

certain hog production business in the past quarters.

Smithfield Foods ( SFD ) expects 2025 adjusted operating profit to

be between $1.15 billion and $1.35 billion, compared with its

prior range of $1.10 billion to $1.30 billion.

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