Smithfield forecasts Q3 adjusted operating income USD 115 million-175 million

Reuters2026/09/08 20:16

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Smithfield flagged weaker third-quarter results as USDA pork cutout declines deepen fresh pork market spread compression beyond its August outlook.
Fresh Pork now seen posting a third-quarter adjusted operating loss of USD 70 million-90 million.
Hog Production forecast cut as market hog prices fall, with third-quarter adjusted operating profit seen at USD 25 million-45 million.
Packaged Meats outlook maintained, with fiscal 2026 adjusted operating income expected at USD 1.08 billion-1.15 billion.
Third-quarter total company adjusted operating income projected at USD 115 million-175 million; full-year updates planned with quarterly results.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smithfield Foods Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609081615PRIMZONEFULLFEED9823045) on September 08, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Smithfield forecasts Q3 adjusted operating income USD 115 million-175 million

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