Smithfield Foods Sees 9.8% Sales Rise and Guides $1.33–$1.48B Operating Profit for 2026
Smithfield Foods reported net sales growth of 9.8% to $15.5 billion for the fiscal year ended December 28 in its first full year on Nasdaq. It forecasts low-single-digit sales growth for FY2026 excluding its $450 million Nathan’s Famous acquisition, and adjusted operating profit of $1.33–$1.48 billion.
1. FY2025 Financial Performance
Smithfield Foods achieved net sales of $15.5 billion, up 9.8% year-over-year, driven by 5.3% growth in packaged meats to $8.71 billion, 6% growth in fresh pork to $8.34 billion and a 13% rise in hog production sales to $3.39 billion. Adjusted operating profit rose 30.5% to $1.34 billion, while net income from continuing operations climbed 25% to $998 million and diluted EPS reached $2.51.
2. FY2026 Sales and Profit Guidance
The company expects low-single-digit sales growth for the 53-week FY2026 period, excluding its recent $450 million Nathan’s Famous acquisition. Adjusted operating profit is forecast at $1.33 billion to $1.48 billion, with packaged meats expected to deliver $1.1 billion to $1.2 billion, fresh pork $200 million to $260 million, and hog production $150 million to $200 million.
3. Investments, Acquisitions and Facility Plans
Smithfield Foods closed its Springfield, Massachusetts, dry sausage plant in August and announced a $1.3 billion investment over three years in a new processing facility in Sioux Falls, South Dakota. The $450 million acquisition of Nathan’s Famous hot-dog business, completed this year, will provide additional revenue streams not yet included in FY2026 guidance.