Smithfield FY26 Q2 net income rises 26.6% to $238 million; net sales fall 2.3% to $3.7 billion

Reuters2026/08/11 08:30

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Smithfield Foods posted fiscal Q2 net sales of $3.7 billion, down 2.3% year over year; operating profit rose 11.6% to $290 million.
Net income attributable to shareholders climbed 26.6% to $238 million; diluted EPS increased to $0.60 from the prior-year quarter.
First-half net sales slipped 0.8% to $7.5 billion; operating profit increased 7.1% to $623 million.
First-half net income attributable to shareholders rose 17.6% to $484 million; operating cash flow increased to $204 million.
FY 2026 adjusted operating profit outlook cut to $1.23 billion-$1.38 billion; board set a $0.3125 quarterly dividend, implying $1.25 annually.

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: 202608110430PRIMZONEFULLFEED9807177) on August 11, 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 FY26 Q2 net income rises 26.6% to $238 million; net sales fall 2.3% to $3.7 billion

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