Smithfield Foods forecasts fiscal 2026 adjusted operating profit of $900 million-$1 billion
SFD•Smithfield Foods forecasts fiscal 2026 adjusted operating profit of $900 million-$1 billion, with sales declining by a low-single-digit percentage from fiscal 2025. Third-quarter adjusted operating profit fell 53.2% to $145 million.
1. Fiscal 2026 outlook
Smithfield Foods projects fiscal 2026 adjusted operating profit of $900 million-$1 billion and sales declining by a low-single-digit percentage from fiscal 2025. Packaged Meats adjusted operating profit is forecast at $1.09 billion-$1.14 billion, while Fresh Pork is expected to post a loss of up to $50 million. Hog Production adjusted operating results are forecast to range from a $25 million loss to a $25 million profit. Capital spending is projected at $350 million-$375 million, and the anticipated dividend is $1.25 per share.
2. Third-quarter results
Third-quarter adjusted operating profit fell 53.2% to $145 million as lower commodity markets pressured upstream operations.
