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Nov 30, 2005
Smithfield Foods Reports Strong Second Quarter Earnings And Announces Plant Restructuring Charges
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Smithfield, Virginia (November 30, 2005)—Smithfield Foods, Inc. (NYSE: SFD) reported net income for the second quarter of fiscal 2006 of $51.6 million, or $.46 per diluted share, versus net income last year of $58.4 million, or $.52 per diluted share. Sales were $2.9 billion, compared with $2.7 billion a year ago. Current quarter re...
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Nov 16, 2005
Smithfield Foods to Host Second Quarter Conference Call November 30
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Smithfield, Virginia (November 15, 2005)—Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2006 second quarter earnings on Wednesday, November 30 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Standard Time, Wednesday, November 30. To listen via telephone, call (8...
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Sep 2, 2005
John Morrell's $100 Million Expansion Will Add 200 Jobs to Sioux Falls Operation
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Aug 31, 2005
Farmland Foods' $81 Million Expansion Will Add 219 Jobs to Denison Operation
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DENISON, Iowa (Aug. 31, 2005)—Farmland Foods,...
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Aug 30, 2005
C. Larry Pope to Address Analyst Conference
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Smithfield, Virginia (August 30, 2005)—C. Larry Pope, president and chief operating officer of Smithfield Foods, Inc. (NYSE: SFD), will address the Prudential Securities Back to School conference in Boston at 9:00 a.m. on September 7, EDT. The presentation can be accessed live and slides being used in the presentation will be availabl...
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Aug 25, 2005
Smithfield Foods Reports First Quarter Earnings
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Smithfield, Virginia (August 25, 2005)—Smithfield Foods, Inc. (NYSE: SFD) today reported net income for the first quarter of fiscal 2006 of $49 million, or $.44 per diluted share, versus net income last year of $54.9 million, or $.49 per diluted share. Sales were $3 billion, compared to $2.7 billion last year.Results for the current ...
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Aug 25, 2005
Smithfield Packing to Consolidate Hog Processing;Will Convert Smithfield Facility to Value-added Pork Operation
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Smithfield, Va. (August 25, 2005)—Smithfield Packing Company announced today that it will shift hog processing operations from its Smithfield South facility (formerly Smithfield Packing) to its Smithfield North (formerly Gwaltney) and Tar Heel, North Carolina, facilities on or about October 28, allowing the company to convert the vacant plant...
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Aug 16, 2005
Patrick Cudahy's $13.5 Million Expansion Will Add 140 Jobs to Sioux Center Operation
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SIOUX CENTER, Iowa (Aug. 16, 2005)—Patrick Cu...
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Aug 10, 2005
Farmland Foods' $19 Million Project Will Add 120 Jobs to Crete Operation
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Crete, Nebraska (August 10, 2005)—Farmland Fo...
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Aug 10, 2005
Smithfield Foods To Host First Quarter Conference Call August 25
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Smithfield, Virginia (August 10, 2005)—Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2006 first quarter earnings on Thursday, August 25 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Daylight Time, Thursday, August 25. To listen via telephone, call (800) 230-1074. The call can be accessed ...
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Jun 3, 2005
Smithfield Foods Reports Record Earnings For Fiscal 2005
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Smithfield, Virginia (June 3, 2005)—Smithfield Foods, Inc. (NYSE: SFD) today announced record fourth quarter operating results and record net income for its fiscal year ended May 1. Net income for the fourth quarter was $85.4 million or $.76 per diluted share, versus income from continuing operations last year of $71.1 million, or $.63 per d...
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May 24, 2005
Smithfield Foods To Host Fourth Quarter Conference Call June 3
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Smithfield, Virginia (May 24, 2005)—Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2005 fourth quarter earnings on Friday, June 3 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Daylight Time, Friday, June 3. To listen via telephone, call (800) 553-5260. The call can be accessed live on the ...
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May 20, 2005
ContiGroup Companies, Inc. and Smithfield Foods, Inc. Announce Completion of Joint Venture
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Boulder, CO (May 20, 2005) --- ContiGroup Companies, Inc. and Smithfield Foods, Inc. today announced the successful completion of an agreement to form a 50/50 joint venture between their respective cattle feeding businesses, ContiBeef LLC and MF Cattle Feeding, Inc. Five Rivers Ranch Cattle Feeding LLC (“Five Rivers”) is a stan...
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May 18, 2005
Court Dismisses Pennexx Claim Against Smithfield Foods
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Smithfield, Virginia (May 18, 2005)--Smithfield Foods, Inc. (NYSE:SFD) today announced that a United States District Court in the Eastern District of Pennsylvania has dismissed the $226 million cross-claim of Pennexx Foods, Inc. against Smithfield and two of its officers. Pennexx filed the cross-claim on December 3, 2003, alleging thirteen causes o...
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Apr 11, 2005
Smithfield Has Made No Decision On New Beef Plant
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Smithfield, Virginia (April 11, 2005)—Smithfield Foods, Inc. (NYSE: SFD) today responded to a story published April 8 in Cattle Buyers Weekly stating that the company would build a new beef plant. As part of its ongoing strategic business planning, the company has had early, exploratory discussions concerning the feasibility of constructing a...
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Mar 1, 2005
Smithfield Reports Sharply Higher Third Quarter Earnings
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Smithfield, Virginia (March 1, 2005)—Smithfield Foods, Inc. (NYSE: SFD) today announced that net income for the third quarter of fiscal 2005 was $97.5 million, or $.87 per diluted share, versus income from continuing operations last year of $42.1 million, or $.38 per diluted share. Sales were $3.1 billion compared with $2.7 billion last year...
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Feb 24, 2005
Smithfield Foods To Host Third Quarter Conference Call March 1
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Smithfield, Virginia (February 24, 2005)—Smithfield Foods, Inc. (NYSE: SFD) will announce its fiscal 2005 Third Quarter earnings on Tuesday, March 1 before the market opens. The company will host a conference call at 9:00 a.m., Eastern Standard Time, Tuesday, March 1. The call can be accessed live on the Internet at ...
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Feb 16, 2005
CONTIBEEF LLC AND SMITHFIELD FOODS, INC. AGREE TO MERGE CATTLE FEEDING BUSINESSES
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Boulder, CO (February 16, 2005) - Continuing their tradition of leadership and commitment to the beef industry, ContiBeef LLC, a subsidiary of ContiGroup Companies, Inc., and MF Cattle Feeding, Inc., a recently acquired subsidiary of Smithfield Foods, Inc., have agreed to form a 50/50 joint venture cattle feeding business. The new entity, whose na...
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Feb 14, 2005
Smithfield Foods Plans To Announce Sharply Higher Third Quarter Earnings
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Smithfield, Virginia (February 14, 2005)—Smithfield Foods, Inc. (NYSE: SFD) said today that it expected to announce earnings for the third quarter of fiscal 2005 in the range of $.86 to $.87 per diluted share, versus $.38 per diluted share from continuing operations in the same quarter last year.Smithfield attributed the sharp increas...
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Feb 11, 2005
Joseph W. Luter, III, CEO of Smithfield Foods, To Address Analyst Conference February 22
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Smithfield, Virginia (February 11, 2005)-- Joseph W. Luter, III, chairman and chief executive officer of Smithfield Foods, Inc. (NYSE: SFD), will address the Consumer Analyst Group of New York (CAGNY) in Scottsdale, Arizona at 11:30 a.m. EST, on Tuesday, February 22. The presentation can be accessed live and slides being used in the present...
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