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Smithfield Foods Expects to Swing to Third-Quarter Operating Loss in Fresh Pork Business

Summary by WTVB
Sept 8 (Reuters) – Smithfield Foods said on Tuesday its fresh pork segment is expected to swing to an adjusted operating loss in the third quarter, due ​to persistent pressure from lower hog prices and a ‌shrinking industry market spread amid cautious spending. Shares of Smithfield fell nearly 2% in extended trading after the company also forecast lower current-quarter adjusted operating profit at its hog production business from a year ago. Her…

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Smithfield Foods expects to swing to third-quarter operating loss in fresh pork business

Smithfield Foods said on Tuesday its fresh pork segment is expected to swing to an adjusted operating loss in the third ​quarter, due to persistent pressure from lower hog prices and ‌a shrinking industry market spread amid cautious spending.

·London, United Kingdom
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Grocery Gazette - Latest Grocery Industry NewsGrocery Gazette - Latest Grocery Industry News

Smithfield Foods warns fresh pork business will swing to loss as margins tighten

Smithfield Foods expects its fresh pork division to swing to an operating loss in the third quarter as falling hog prices and squeezed industry margins weigh on the company. The…

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feedstuffs.comfeedstuffs.com

Smithfield updates Q3 outlook due to pork market dynamics

Fresh Pork operating loss of $70-90M and Hog Production operating profit of $25-45M expected. Packaged Meats performing well.

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CNN BrasilCNN Brasil

Smithfield Predicts US$90 Million Loss of Pigmeat in the 3rd Quarter

Fall in animal prices and margin compression pressure operations, while packaged meats maintain annual profit forecast between US$1.075 billion and US$1.150 billion

·São Paulo, Brazil
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CNN Brasil broke the news in São Paulo, Brazil on Tuesday, September 8, 2026.
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