# Smithfield Foods

> Smithfield Foods is a Smithfield, Virginia-based food company that turns pork into branded packaged meats, fresh cuts, private-label products and foodservice ingredients at industrial scale. Founded in 1936 and majority-owned by WH Group, the Nasdaq-listed company combines hog production, processing, cold-chain distribution, consumer brands and a small bioscience operation. Its portfolio includes Smithfield, Eckrich, Farmland, Armour, Kretschmar and other familiar names, and it sells to roughly 4,300 retail, foodservice, industrial and export customers.

- **Founded:** 1936
- **Headquarters:** Smithfield, Virginia, United States
- **Founders:** Joseph W. Luter Sr. (Co-founder), Joseph W. Luter Jr. (Co-founder)
- **Team size:** Approximately 34,500 employees as of December 28, 2025 - about 32,000 in the United States and 2,500 in Mexico
- **Products:** Packaged meats, Fresh pork, Hog production and support, Smithfield Culinary, Bioscience ingredients
- **Notable:** Completed an initial public offering in January 2025 and returned to U.S. public markets under Nasdaq ticker SFD., Reported fiscal 2025 sales of $15.531 billion and a record $1.3 billion of operating profit., Reported record first-half fiscal 2026 operating profit of $623 million despite a 0.8% decline in sales.

## Products & services

- **Packaged meats** — Bacon, sausage, hot dogs, deli and lunch meats, dry sausage, ham, ready-to-eat items and prepared foods sold under owned and licensed brands and as private label.
- **Fresh pork** — Primal, sub-primal and offal products including bellies, butts, hams, loins, picnics and ribs for retail, foodservice, industrial and export buyers.
- **Hog production and support** — Hog raising, feed and grain sales, transportation, breeding, animal nutrition and production support through company-owned and contract farms.
- **Smithfield Culinary** — A foodservice-focused portfolio and chef-led resource platform for restaurants, distributors, hospitality operators and institutions.
- **Bioscience ingredients** — Porcine-derived intermediate products, including heparin sodium active pharmaceutical ingredient, for drugs and medical devices.
- **Smithfield Mike's Hot Honey Bacon** — A co-branded bacon product created to add a sweet-heat flavor proposition and attract younger consumers.

## Achievements

- Completed an initial public offering in January 2025 and returned to U.S. public markets under Nasdaq ticker SFD.
- Reported fiscal 2025 sales of $15.531 billion and a record $1.3 billion of operating profit.
- Reported record first-half fiscal 2026 operating profit of $623 million despite a 0.8% decline in sales.
- Maintained zero product recalls across U.S. operations in 2023, 2024 and 2025, according to its 2025 sustainability report.
- Reduced food loss and waste in U.S. manufacturing facilities by 57%, reaching its 2030 goal five years early.
- Reduced virgin petroleum-based plastic use by more than 50% from a 2019 baseline and reported 85% recycle-ready, reusable or compostable packaging materials.
- Used GIS route optimization to eliminate more than one million miles of East Coast feed delivery in 2025.
- Achieved compliance with ISO Technical Specification 34700 for animal welfare management.
- Built a portfolio that includes Smithfield, Eckrich, Farmland, Armour, Kretschmar, Carando, Cook's, Gwaltney and other established meat brands.

## Latest updates

- **2026-08** — Reported second-quarter sales of $3.7 billion, operating profit of $290 million and record first-half operating profit of $623 million; reduced its full-year outlook to reflect cautious consumer spending and higher input costs.
- **2026-05** — Released its 24th annual sustainability report, including a 57% reduction in food loss and waste at U.S. manufacturing facilities and three consecutive years without a U.S. product recall.
- **2026-05** — Committed $150,000 to Operation Homefront for housing support, volunteer events and holiday meal programs for military and veteran families.
- **2026-02** — Began seeking approvals for a proposed new combined fresh-pork and packaged-meats plant in Sioux Falls, with a preliminary investment estimate of up to $1.3 billion.
- **2026-01** — Agreed to acquire Nathan's Famous for $102 per share in a $450 million all-cash transaction; the deal remained proposed in Smithfield's August 2026 outlook.
- **2025-01** — Completed its Nasdaq IPO at $20 per share, raising about $522 million across primary and secondary shares and receiving $236 million in net company proceeds.

## Links

- Website: https://www.smithfieldfoods.com/
- LinkedIn: https://www.linkedin.com/company/smithfield-foods/
- Twitter/X: https://twitter.com/smithfieldfoods
- YouTube: https://www.youtube.com/@SmithfieldFoods
- Instagram: https://www.instagram.com/smithfieldfoods/
- Facebook: https://www.facebook.com/SmithfieldFoods/

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Last updated: 2026-08-12