Live News • May 07
Smithfield Foods Faces Heightened Scrutiny Over Chinese Farmland Ownership and National Security Concerns Smithfield Foods’ subsidiaries are cited as holding a significant share of U.S. farmland tied to Chinese ownership, primarily for pork production and processing.
New Chinese purchases of U.S. farmland are reported to be limited in 2024, with regulators increasing scrutiny of foreign land ownership, especially near military facilities.
Heightened federal and state oversight has already halted some projects linked to Chinese investors, underscoring rising national security and political sensitivities.
For you as an investor, the key issue is regulatory and political risk around Smithfield’s ownership structure and land footprint, rather than day-to-day pork operations. The company’s farmland is an integral part of its integrated supply chain, but it is also now part of a broader debate in the U.S. about how much agricultural land foreign entities should control and where that land is located.
Tighter federal and state oversight can affect approval timelines for any future land-related transactions and may influence operating flexibility if new restrictions emerge. It also keeps Smithfield in the spotlight whenever U.S.-China relations or national security concerns come up, which can feed into headline risk. Investors following the stock may want to watch for any proposed legislation targeting foreign farmland ownership, as well as any company comments on how current rules interact with its production footprint and long-term planning. Declared Dividend • May 04
Dividend of US$0.31 announced Shareholders will receive a dividend of US$0.31. Ex-date: 14th May 2026 Payment date: 28th May 2026 Dividend yield will be 4.3%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (41% earnings payout ratio) and cash flows (62% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to decline by 2.7% over the next 3 years. However, it would need to fall by 54% to increase the payout ratio to a potentially unsustainable range. Announcement • May 03
Smithfield Foods Declares Quarterly Dividend, Payable on May 28, 2026 Smithfield Foods, Inc. announced its Board of Directors approved a quarterly dividend payment of $0.3125 per share of common stock to be paid on May 28, 2026 to shareholders of record at the close of business on May 14, 2026. Announcement • Apr 30
Smithfield Foods, Inc. Reaffirms Financial Outlook for the Year 2026 Smithfield Foods, Inc. reaffirmed financial outlook for the year 2026. For the period, the company expects total Company sales to be up low-single-digits compared to fiscal year 2025. Reported Earnings • Apr 28
First quarter 2026 earnings released First quarter 2026 results: Net income: (down US$224.0m from profit in 1Q 2025). New Risk • Apr 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Apr 23
Eckrich Unveils New Andouille Smoked Sausage Link Eckrich in tandem with the campaign is introducing its Andouille Smoked Sausage Link, turning up the heat at the table. This smoky, flavor-packed addition delivers just the right kick and builds on the momentum of Eckrich Andouille Smoked Sausage Rope, which has been winning over grillers since its debut in May 2024. The Andouille Smoked Sausage Link will be available for limited distribution beginning in April at select Midwest retailers, including independent grocery stores, with broader availability in May. The Sausage That Takes You Home campaign will roll out across 30-, 15- and six-second video formats, along with social content, audio and display. The 360 approach ensures the campaign reaches grilling audiences across TV and streaming, as well as social and digital platforms throughout the season. Together, the campaign and new product innovation reinforce Eckrich’s focus on bold flavor, easy preparation and familiar comfort across grilling occasions. Eckrich is also sharing simple grilling tips for easy, flavorful cookouts all season long, such as: Before grilling, slice Eckrich smoked sausages lengthwise or into coins to increase surface area, allowing for more browning and enhanced flavor. Use a preheated grill set to medium heat to ensure even cooking, preserve juiciness and achieve consistent sear and caramelization. Turn or rotate sausages during grilling to develop even color and signature grill marks. While it may be tempting, avoid piercing the sausage, as this releases flavorful juices that contribute to the audible snap of biting into a smoked sausage. Allow sausages to cook gradually until they are lightly blistered – the perfect intersection of flavor and texture. Announcement • Apr 22
Smithfield Foods, Inc., Annual General Meeting, Jun 02, 2026 Smithfield Foods, Inc., Annual General Meeting, Jun 02, 2026. Announcement • Apr 15
Smithfield Foods Launches Smithfield Meal Ready Cuts Smithfield announced redefining mealtime with the launch of Smithfield Meal Ready Cuts, a first-of-its-kind lineup of pre-cut, pre-marinated fresh pork designed to deliver bold, globally inspired meals in under 20 minutes. With no preparation, marinating or chopping required, the lineup brings restaurant-worthy flavor straight from package to pan. Smithfield Meal Ready Cuts meets the demands of busy weeknights, making pork an easy, exciting solution for fast meals without sacrificing flavor. Featuring pre-marinated, ready-to-cook cuts, the lineup streamlines preparation, so home cooks can create flavorful and impressive dishes in minutes, with no cutting, no seasoning, no hassle. The new product line features three crave-worthy varieties: Korean BBQ Pork Loin Strips, Carne Asada Pork Loin Strips and Sweet & Smoky BBQ Pork Belly Bites, each crafted to deliver globally inspired flavor with minimal effort. Designed for quick stovetop cooking, air frying or tossing into tacos, rice bowls, salads and wraps, Smithfield Meal Ready Cuts make it easy to turn everyday meals into something worth savoring because a little less effort should still deliver a lot more flavor. Made with premium, fresh pork, each variety offers up to 19 grams of protein per serving, for a convenient, high-protein option for everyday meals. Smithfield Meal Ready Cuts are now available nationwide at major retailers, including Walmart, Kroger, Albertsons and Meijer. Announcement • Apr 08
Smithfield Foods, Inc. to Report Q1, 2026 Results on Apr 28, 2026 Smithfield Foods, Inc. announced that they will report Q1, 2026 results at 9:30 AM, US Eastern Standard Time on Apr 28, 2026 Declared Dividend • Mar 26
Fourth quarter dividend increased to US$0.31 Dividend of US$0.31 is 25% higher than last year. Ex-date: 7th April 2026 Payment date: 21st April 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.0%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (70% cash payout ratio). The company is yet to establish a track record of dividend growth or stability as it hasn't paid a regular dividend for at least 2 years. EPS is expected to remain steady over the next 3 years, which should provide adequate earnings cover for the dividend. Reported Earnings • Mar 25
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$2.52 (up from US$2.06 in FY 2024). Revenue: US$15.5b (up 9.8% from FY 2024). Net income: US$987.0m (up 26% from FY 2024). Profit margin: 6.4% (up from 5.5% in FY 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 8.0%. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Food industry in the US. Announcement • Mar 04
Smithfield Foods, Inc. to Report Q4, 2025 Results on Mar 24, 2026 Smithfield Foods, Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 24, 2026 Announcement • Jan 21
Smithfield Foods, Inc. (NasdaqGS:SFD) entered into an Agreement and Plan of Merger to acquire Nathan's Famous, Inc. (NasdaqGS:NATH) from a group of shareholders for approximately $420 million. Smithfield Foods, Inc. (NasdaqGS:SFD) entered into an Agreement and Plan of Merger to acquire Nathan's Famous, Inc. (NasdaqGS:NATH) from a group of shareholders for approximately $420 million on January 20, 2026. Smithfield Foods will acquire all of Nathan’s Famous’ issued and outstanding shares for $102.00 per share in cash, which represents an enterprise value of approximately $450 million. The transaction is not subject to a financing contingency and will be funded by cash on hand. After the Merger, Nathan’s will cease to be publicly traded. In case of termination of transaction, Smithfield Foods, Inc. will pay a termination fee of $7.41 million and Nathan's Famous, Inc. will pay a termination fee of $10.58 million.
The transaction represents a valuation of approximately 12.4x Nathan’s Famous’s LTM adjusted EBITDA and a multiple of approximately 10x post-synergies.
The transaction is subject to satisfaction of certain conditions set forth in the merger agreement, including obtaining approval by Smithfield Foods' board, Smithfield Foods' shareholders, Nathan’s Famous’ board, holders of a majority of the outstanding Nathan’s Famous common stock, expiration or termination of the applicable waiting period under the Hart-Scott Rodino Antitrust Improvements Act of 1976, as amended, approval from the Committee on Foreign Investment in the United States (CFIUS), and other customary closing conditions. The deal has been approved by the board of Smithfield Foods, Inc. and Nathan's Famous, Inc., and shareholders of Smithfield Foods, Inc. The closing of the transaction is expected to occur in the first half of 2026. Smithfield Foods expects to achieve an increase in annual cost synergies by the second anniversary of the deal closing.
Goldman Sachs & Co. LLC acted as financial advisor for Smithfield Foods, Inc. Richard Warren and Charles Brewer of Hunton Andrews Kurth LLP acted as legal advisor for Smithfield Foods, Inc. Jefferies LLC acted as financial advisor for Nathan's Famous, Inc. Wayne Wald, Palash Pandya and James Macpherson of Akerman LLP acted as legal advisor for Nathan's Famous, Inc. Jefferies LLC acted as fairness opinion provider for Nathan's Famous, Inc. Equiniti Trust Company, LLC acted as paying agent for Smithfield Foods, Inc. Upcoming Dividend • Nov 06
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 13 November 2025. Payment date: 26 November 2025. Payout ratio is a comfortable 34% and the cash payout ratio is 84%. Trailing yield: 4.6%. Within top quartile of American dividend payers (4.6%). Higher than average of industry peers (4.0%). Announcement • Oct 31
Smithfield Foods, Inc. Declares Quarterly Dividend, Payable on November 26, 2025 Smithfield Foods, Inc. announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on November 26, 2025 to shareholders of record at the close of business on November 13, 2025. Announcement • Oct 28
Smithfield Foods, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2025 Smithfield Foods, Inc. reaffirmed earnings guidance for the fiscal year 2025. For the year, the company is reaffirming sales to increase in the low-to-mid-single-digit percent range compared to fiscal year 2024. For comparability purposes, this outlook range excludes the impact from Hog Production segment sales to recently formed Murphy Family Farms and VisionAg. Announcement • Oct 06
Smithfield Foods, Inc. to Report Q3, 2025 Results on Oct 28, 2025 Smithfield Foods, Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 28, 2025 Announcement • Oct 02
Smithfield Foods, Inc. Brings the Sweet Heat with Mike's Hot Honey Bacon Smithfield® is turning up the flavor with a sizzlin' new collab - Smithfield Mike's Hot Honey Bacon. Bringing together two icons - bacon and honey - in one crave worthy bite, this first-of-its-kind innovation infuses Smithfield's hickory smoked bacon cured to perfection, with the signature sweet heat of Mike's Hot Honey, the original and leading hot honey brand. The result? An irresistible balance of smoky and sweet, with a kick of heat that transforms everyday moments into flavor-packed occasions. This exciting new launch is the spotlight of Smithfield's We Speak Pork campaign, underscoring the brand's commitment to deliver new flavors and offerings that connect with consumers and drive growth in the bacon category. Because when it comes to pork and flavor, no one speaks it better. To build momentum, Smithfield is executing a 360-degree campaign, spanning across media, influencer engagement and a Times Square takeover. It will also feature two new product-specific creative spots voiced by Emmy Award-winning comedian Ben Schwartz. The ads, which will run across streaming platforms, digital, social and in-store media, are complemented by impactful out-of-home placements that reinforce Smithfield's purpose of bringing pork's flavor and versatility to life in fresh, unexpected ways. And New Yorkers - We're Coming in Hot: Smithfield is bringing the new We Speak Pork platform and collab to life by surprising New Yorkers with an immersive and delicious experience in Times Square featuring scroll-stopping visuals, mouthwatering samples, exclusive merch drops and more. High above the crowds on oversized screens, thousands of bees will swarm the skyline before scattering into a gold rush of honey that ignites into sparks of spice, culminating in a fiery declaration: I'm Coming in Hot. Down at street level, consumers can enjoy sizzling samples of Smithfield Mike's Hot Honey bacon from unexpected guests and a Smithfield Food Truck will also serve bacon bliss and merch. Announcement • Sep 05
Smithfield Foods, Inc. has completed a Follow-on Equity Offering in the amount of $454.111979 million. Smithfield Foods, Inc. has completed a Follow-on Equity Offering in the amount of $454.111979 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 19,531,698
Price\Range: $23.25
Discount Per Security: $0.6975
Transaction Features: Reserved Share Offering Announcement • Sep 03
Smithfield Foods, Inc. has filed a Follow-on Equity Offering. Smithfield Foods, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 16,000,000
Transaction Features: Reserved Share Offering Reported Earnings • Aug 13
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$0.48. Net income: US$188.0m (up US$188.0m from 2Q 2024). Revenue exceeded analyst estimates by 4.6%. Earnings per share (EPS) missed analyst estimates by 13%. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.7% growth forecast for the Food industry in the US. Announcement • Aug 12
Smithfield Foods, Inc. Reaffirms Earnings Guidance for the Fiscal Year 2025 Smithfield Foods, Inc. reaffirmed earnings guidance for the fiscal year 2025. For the year, the company is reaffirming sales to increase in the low-to mid-single-digit % range compared to fiscal year 2024. For comparability purposes, this outlook range excludes the impact from Hog Production segment sales to recently formed Murphy Family Farms and VisionAg.
Reaffirming Packaged Meats segment adjusted operating profit of between $1,050 million to $1,150 million. Upcoming Dividend • Aug 07
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 14 August 2025. Payment date: 28 August 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of American dividend payers (4.6%). In line with average of industry peers (3.7%). Announcement • Aug 01
Smithfield Foods, Inc. Declares Quarterly Dividend, to Be Paid on August 28, 2025 Smithfield Foods, Inc. announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on August 28, 2025 to shareholders of record at the close of business on August 14, 2025. Announcement • Jul 15
Smithfield Foods, Inc. to Report Q2, 2025 Results on Aug 12, 2025 Smithfield Foods, Inc. announced that they will report Q2, 2025 results Pre-Market on Aug 12, 2025 New Risk • Jul 03
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.0% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • May 20
Farmland Brings Its Best with New Campaign and New Product Offerings Farmland announced showcasing how delivering on quality is still the brand focus with its new campaign, "Our Best for Your Best," celebrating the everyday moments that matter -- and the food that makes them better. The campaign is rolling out across digital platforms, in-store displays, and social media, and will be supported through the brand's refreshed website. Consumers can expect recipe inspiration and a renewed focus on bringing premium food to everyday moments. Since 1959, Farmland has remained committed to delivering premium food products with unmatched flavor, integrity and craftsmanship. This new campaign reflects that enduring promise while also introducing its new Premium Ground Pork line and Julienne Turkey. Premium Ground Pork brings a bold new standard to the kitchen with two flavor varieties Original and Taco style. Whether you're crafting the perfect burger or elevating a weeknight pasta, these options are convenient, versatile and made from premium cuts of pork for rich flavor and ideal texture. Julienne Turkey introduces a fresh, chef-inspired take on a classic favorite. Julienne sliced and fully-cooked, it's ready to elevate salads, wraps and casseroles with clean flavor and premium quality to add to the brand's successful Diced and Cubed Ham lineup. Farmland's Premium Ground Pork 16-ounce line and Julienne Turkey 12-ounce are now available at select retailers. Upcoming Dividend • May 08
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 15 May 2025. Payment date: 29 May 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of American dividend payers (4.9%). Higher than average of industry peers (3.6%). Announcement • May 02
Smithfield Foods, Inc. Declares Quarterly Dividend, to Be Paid on May 29, 2025 Smithfield Foods, Inc. announced its Board of Directors approved a quarterly dividend payment of $0.25 per share of common stock to be paid on May 29, 2025 to shareholders of record at the close of business on May 15, 2025. Reported Earnings • Apr 29
First quarter 2025 earnings: EPS and revenues exceed analyst expectations First quarter 2025 results: EPS: US$0.58 (up from US$0.37 loss in 1Q 2024). Revenue: US$3.77b (down 5.7% from 1Q 2024). Net income: US$224.0m (up US$363.0m from 1Q 2024). Profit margin: 5.9% (up from net loss in 1Q 2024). The move to profitability was driven by lower expenses. Revenue exceeded analyst estimates by 4.2%. Earnings per share (EPS) also surpassed analyst estimates by 35%. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Food industry in the US. Announcement • Apr 22
Smithfield Foods, Inc., Annual General Meeting, Jun 03, 2025 Smithfield Foods, Inc., Annual General Meeting, Jun 03, 2025. Announcement • Apr 07
Smithfield Foods, Inc. to Report Q1, 2025 Results on Apr 29, 2025 Smithfield Foods, Inc. announced that they will report Q1, 2025 results Pre-Market on Apr 29, 2025 Announcement • Mar 26
Smithfield Foods, Inc. Declares A Quarterly Cash Dividend, Payable on April 22, 2025; Provides Dividend Guidance for 2025 On March 24, 2025, Smithfield Foods, Inc. Board declared a quarterly cash dividend of $0.25 per share of common stock, which is payable on April 22, 2025, to shareholders of record on April 10, 2025. They anticipate the remaining quarterly dividends in fiscal year 2025 will be $0.25 per share, resulting in an annual dividend rate in fiscal year 2025 of $1.00 per share. The declaration of dividends is subject to the discretion of Board and depends on various factors, including net income, financial condition, cash requirements, business prospects, and other factors that Board deems relevant to its analysis and decision making. Announcement • Mar 11
Smithfield Foods, Inc. to Report Q4, 2024 Results on Mar 25, 2025 Smithfield Foods, Inc. announced that they will report Q4, 2024 results Pre-Market on Mar 25, 2025 Recent Insider Transactions • Feb 02
Chairman of the Board recently bought US$64m worth of stock On the 29th of January, Long Wan bought around 3m shares on-market at roughly US$20.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Long's only on-market trade for the last 12 months. Announcement • Jan 29
Smithfield Foods, Inc. has completed an IPO in the amount of $521.73916 million. Smithfield Foods, Inc. has completed an IPO in the amount of $521.73916 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 26,086,958
Price\Range: $20
Discount Per Security: $0.9
Transaction Features: Reserved Share Offering Board Change • Jan 28
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 2 highly experienced directors. No independent directors (4 non-independent directors). President, CEO & Director C. Smith was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. 
