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

SFD•2026-09-08

Packaged Meats outlook maintained

Packaged Meats outlook was maintained, with fiscal 2026 adjusted operating income expected at USD 1.08 billion-1.15 billion.

Third-quarter total company adjusted operating income is projected at USD 115 million-175 million; full-year updates are planned with quarterly results.

Smithfield cuts third-quarter outlook

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.

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

Packaged Meats outlook maintained

Smithfield cuts third-quarter outlook

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