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Sep 10, 2010
Smithfield Foods Announces Plan to Sell Turkey Interests
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SMITHFIELD, Va., Sept. 10, 2010 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NYSE:SFD) today announced that its joint venture partner in Butterball, LLC has accepted Smithfield's offer to sell Smithfield's 49% interest in Butterball and its related turkey production assets.
Estimated net proceeds of the sale of approximately $175 million will be ...
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Sep 8, 2010
Smithfield Foods Reports Record First Quarter Results
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SMITHFIELD, Va., Sept. 8, 2010 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (NYSE:SFD) today reported fiscal 2011 first quarter results.Highlights
-- Net income was $76.3 million, or $.46 per diluted share, an improvement of $184.0 million, or $1.21 per diluted share, from the first quarter of fiscal 2010
-- Consolidated operating profit improve...
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Aug 16, 2010
Poulson to Retire as Executive Vice President of Smithfield Foods
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SMITHFIELD, Va., Aug 16, 2010 (GlobeNewswire via COMTEX News Network) -- Smithfield Foods, Inc. (NYSE:SFD) today announced that Richard J. M. Poulson, executive vice president, will retire from Smithfield effective September 1, 2010.
C. Larry Pope, president and chief executive officer, said, "Dick has been an extremely valuable member of the s...
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Aug 10, 2010
Smithfield Foods to Host Fiscal 2011 First Quarter Conference Call September 8
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SMITHFIELD, Va., Aug 10, 2010 (GlobeNewswire via COMTEX News Network) -- Smithfield Foods, Inc. (NYSE:SFD) announced today that the company will release its fiscal 2011 first quarter financial results on Wednesday, September 8, 2010.
The company will host a conference call and live audio webcast at 9:00 AM ET to discuss the results. Participant...
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Jul 22, 2010
Smithfield Foods Releases Annual Corporate Social Responsibility Report
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SMITHFIELD, Va., Jul 22, 2010 (GlobeNewswire via COMTEX News Network) -- Smithfield Foods, Inc. (NYSE:SFD) today released its ninth annual Corporate Social Responsibility (CSR) Report, which highlights the company's progress in environmental performance, animal welfare, food safety, community relations, and employees -- key CSR areas for the compan...
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Jun 17, 2010
Smithfield Foods Reports Fourth Quarter and Full Year Results
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SMITHFIELD, Va., Jun 17, 2010 (GlobeNewswire via COMTEX News Network) -- Smithfield Foods, Inc. (NYSE:SFD) today reported fiscal 2010 fourth quarter and full year results.
Fourth Quarter Highlights
-- Net loss was $4.6 million, or $(.03) per diluted share; an improvement
of $76.6 million, or $.54 per share from the prior year's ...
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Jun 1, 2010
Smithfield Foods to Host Fourth Quarter Conference Call June 17
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SMITHFIELD, Va., June 1, 2010 /PRNewswire via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2010 fourth quarter earnings on Thursday, June 17 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Daylight Time, Thursday, June 17. To listen via telephone, call (800) 230-1096. The...
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May 10, 2010
Smithfield Foods To Present at BMO Capital Markets 2010 Agriculture, Protein & Fertilizer Conference
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SMITHFIELD, Va., May 10, 2010 /PRNewswire via COMTEX News Network/ -- C. Larry Pope, president and chief executive officer, and Robert W. Manly, executive vice president and chief financial officer, of Smithfield Foods, Inc. (NYSE: SFD), will make a presentation at the BMO Capital Markets 2010 Agriculture, Protein & Fertilizer Conference at 11:45 a...
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Apr 21, 2010
Smithfield Foods Announces Investor Meetings and Comments on Fourth Quarter Earnings
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SMITHFIELD, Va., April 21, 2010 /PRNewswire via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today announced that C. Larry Pope, President and Chief Executive Officer, and Robert W. Manly, Executive Vice President and Chief Financial Officer, will be conducting investor meetings in Boston, Massachusetts on April 21-22, 2010.
The meet...
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Mar 11, 2010
Smithfield Foods Reports Third Quarter Results
See Regulation G Disclosures
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SMITHFIELD, Va., March 11, 2010 /PRNewswire via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today reported fiscal 2010 third quarter results.
Highlights
Net income was $37.3 million, or $.22 per diluted share; up $.96 per share from last yearIncome from continuing operations improved $145.4 million year over yearPork segment operat...
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Feb 23, 2010
Smithfield Foods To Host Third Quarter Conference Call March 11
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SMITHFIELD, Va., Feb 23, 2010 /PRNewswire via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2010 third quarter earnings on Thursday, March 11 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Standard Time, Thursday, March 11. To listen via telephone, call (800) 230-1766. T...
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Feb 23, 2010
Smithfield Foods Appoints First Chief Sustainability Officer
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SMITHFIELD, Va., Feb 23, 2010 /PRNewswire via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today announced that it has promoted Dennis H. Treacy to senior vice president of corporate affairs and chief sustainability officer as part of the company's long-term focus on corporate social responsibility and sustainability. Mr. Treacy join...
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Jan 20, 2010
John Morrell to Close Sioux City, Iowa Plant
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CINCINNATI, Jan 20, 2010 /PRNewswire via COMTEX News Network/ -- John Morrell & Co. announced today that it would permanently close its hog processing and fresh meat fabrication plant located in Sioux City, Iowa, effective April 20, 2010. The Sioux City plant processes hogs and produces boneless loins and other fresh pork products. John Morrell is...
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Jan 5, 2010
John Morrell Acquires Remaining Interest in Premium Pet Health
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SMITHFIELD, Va., Jan 05, 2010 /PRNewswire-FirstCall via COMTEX News Network/ -- John Morrell & Co., a wholly owned subsidiary of Smithfield Foods, Inc. (NYSE: SFD), today announced that it acquired the remaining 49% interest in Premium Pet Health, LLC. Premium Pet Health is a leading protein by-product processor that supplies many of the leading pe...
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Jan 4, 2010
Smithfield Foods Completes Sale of RMH Foods and Maverick Food Company
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SMITHFIELD, Va., Jan 04, 2010 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today that it completed the sale of substantially all of the assets of RMH Foods, LLC to a group of investors led by the Rocke family. RMH Foods produces fully cooked beef, pork, and chicken entrees to retail customers, as we...
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Dec 10, 2009
Smithfield Foods Reports Second Quarter Results
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SMITHFIELD, Va., Dec 10, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) today reported fiscal 2010 second quarter results.
Highlights
-- Second quarter net loss was $26.4 million, or $(.17) per diluted share
-- EPS, adjusted for nonrecurring and unusual items, was $(.26)
-- Excluding hog...
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Nov 23, 2009
Smithfield Foods To Host Second Quarter Conference Call December 10
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SMITHFIELD, Va., Nov 23, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2010 second quarter earnings on Thursday, December 10 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Standard Time, Thursday, December 10. To listen via telephone, call (...
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Oct 1, 2009
Smithfield Foods President and CEO Confident In Future Performance of Company
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SMITHFIELD, Va., Oct 01, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) said today that its President and Chief Executive Officer, C. Larry Pope, sold 100,000 shares of Smithfield Foods common stock to meet personal financial obligations. Prior to the sale, Mr. Pope owned 322,000 shares of Smithfield Foods...
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Sep 22, 2009
Smithfield Foods Completes Common Stock Offering
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SMITHFIELD, Va., Sept 22, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today that it has closed its previously announced underwritten registered public offering of 21,660,649 shares of its common stock at $13.85 per share. In connection with the offering, the Company has also granted the underw...
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Sep 17, 2009
Smithfield Foods Announces Pricing of Common Stock Offering
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SMITHFIELD, Va., Sept 17, 2009 /PRNewswire-FirstCall via COMTEX News Network/ -- Smithfield Foods, Inc. (NYSE: SFD) announced today that it has priced its previously announced underwritten registered public offering of 21,660,649 shares of its common stock at $13.85 per share. In connection with the offering, the Company has also granted the underw...
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