BNET Industries
Smithfield Foods Inc. (SFD) is in the Food Industry
- Revenue
- Apr 27 2008
- $11.3B
- Profit
- Apr 27 2008
- $128.9M
- Market Cap
- Oct 14 2008
- $2.0B
Latest News and Analysis
Smithfield Foods: Recent Slide Offers Meaty Buying Opportunity
Mark Krieger submits: The entire protein segment is getting crushed in sympathy with Pilgrim's Pride's PPC liquidity woes. Last Friday, Smithfield Foods SFD was subject to persistent rumors that it too, was close to suffering a similar fate. by Mark Krieger
Workers Reject Contract at a Smithfield Plant
NEW YORK (Reuters) - More than 4,000 workers at a pork processing plant of Farmland, owned by Smithfield Foods SFD, voted overwhelmingly to reject the company's contract proposal, which included increases in workers' share of health-care costs. Farmland employees at the...
Not Much Meat on Pilgrim's Pride's Bones
Stephen Rosenman submits: Moody's is thinking about downgrading Pilgrim's Pride PPC. Pilgrim's Pride is a billion dollar market cap company with a $1.5 billion long term debt, no income, and high costs. by Stephen Rosenman
Smithfield Foods, Inc. F1Q09 (Qtr End 07/27/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from Ken Zaslow - BMO Capital Markets. Ken Zaslow - BMO Capital Markets Looking through your press release one of the things I saw that was - it seemed like you were a little bit less enthusiastic about...
Smithfield Foods, Sanderson Farms Continue To Suffer
Trader Mark submits: I've been reporting on these food producers since fund inception to give readers an idea of the coming inflation and adverse effects of the boondoggle that is ethanol. What I do find strange is how bad news from this group is coming as a "surprise" anymore -...
Smithfield Foods, Inc. F4Q08 (Qtr End 04/27/08) Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of William Chappell - Suntrust Robinson Humphrey William Chappell - Suntrust Robinson Humphrey Talking about the sow liquidation and the recent run-up we’ve seen in hog prices, does that seem premature, is that all seasonal,...
Smithfield Foods Inc. F3Q08 (Qtr End 01/31/08) Earnings Call Transcript
Question-and-Answer SessionOperator Your first question comes from Eric Katzman - Deutsche Banc Eric Katzman – Deutsche Banc Hi good morning everybody. Congratulations on getting to a successful quarter in a tough period. I guess Larry my first question is in the press release you kind of noted that calling...
Smithfield Foods F2Q08 (Qtr End 10/28/07) Earnings Transcript
Question-and-Answer SessionOperator Our first question comes from the line of Ken Zaslow, please proceed with your question. Kenneth B. Zaslow – BMO Capital Markets – US Thanks. Good morning everyone. Jerry Hostetter Good morning Ken. Cory Good morning. Kenneth B. Zaslow – BMO Capital Markets –...
Research and Markets: Smithfield Foods Inc. - a SWOT Framework Analysis
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c73373) has announced the addition of "Smithfield Foods, Inc. - SWOT Framework Analysis" to their offering.
Smithfield Foods Inc
Smithfield Foods Inc. last week sued the United Food and Commercial Workers Union, accusing it of using "illegal extortionate pressure" to drive the company out of business unless Smithfield allows the union to exclusively represent some 4,650 workers at its largest pork-processing plant. The unusual action, filed in U.S. District...
Smithfield Foods F1Q08 (Qtr End 7/29/07) Earnings Call Transcript
Earnings Call Excerpt Smithfield Foods, Inc. SFD F1Q08 Earnings Call August 23, 2007, 9:00 AM ET Executives Jerry Hostetter - VP, IR and Corporate Communications C. Larry Pope - President and CEO Carey J. Dubois - VP and CFO Richard J.M....
Smithfield Foods Inc
Smithfield Foods Inc., which already sells pork chops and other foods in the grocery store meat case, is expanding to the deli counter. Smithfield Deli Group, a division of Smithfield Foods, is teaming up with the Subway Restaurants sandwich chain to test-market a line of Subway-branded meats and cheeses to...
Smithfield foods Inc
Smithfield Foods Inc. said last week it has complied with a Department of Justice antitrust division request for information related to the pork processor's acquisition of rival Premium Standard Farms Inc. Smithfield said it plans to acquire the pork producer for $674 million in cash and stock and assume $117...
Smithfield Foods Inc. announces new animal welfare initiatives
Smithfield Foods, Inc. announced last week that it is beginning the process of phasing out individual gestation stalls at all of its company-owned sow farms and replacing them with pens--or group housing--over the next 10 years. Smithfield also will work with its contract growers regarding system conversion.
Research and Markets: Smithfield Foods, Inc 2006 Company Profile Available Now
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c48155) has announced the addition of "Smithfield Foods, Inc 2006 Company Profile" to their offering.
Smithfield to buy PSF.(industry NEWS)
Smithfield Foods, Inc., will acquire Premium Standard Farms, Inc., under a merger agreement recently approved by the boards of both companies. PSF is the nation's second largest pork producer and sixth largest pork processor, supplying product for Smithfield Foods, Inc., will acquire Premium...
Smithfield Foods, Inc. and Premium Standard Farms, Inc. are planning a merger under which Smithfield will acquire all of the outstanding PSF shares
Smithfield Foods, Inc. and Premium Standard Farms, Inc. PSF are planning a merger under which Smithfield will acquire all of the outstanding PSF shares. The agreement has a total transaction value of approximately $810 million, including the assumption of PSF's approximately $117 million of net debt. The transaction is expected...
Redefining 'huge' in the U.S. hog industry.
If the merger of Smithfield Foods Inc. and Premium Standard Farms, Inc. is allowed to go through, Smithfield would hold about 20% of the U.S. hog herd and roughly 30% of U.S. hog slaughter capacity. That would redefine "huge" in the hog ind If the merger...
Smithfield[R].(Smithfield Foods Inc.'s New Products Showcase)(Brief article)
Dear Valued Customer: Dear Valued Customer:
Flavore refrigerated Fully Cooked Entrees: 22 ounces.(NEW PRODUCTS SHOWCASE)(Smithfield Foods Inc.)(Brief article)
Smithfield RMH Foods is adding to its line of Flavore Fully Cooked Entrees. The two new and convenient two-person serving-size entrees and comfort food favorites, Yankee Pot Roast and Beef Meat Loaf, are now available with home-style mashed potatoes- Smithfield RMH Foods is adding to its...
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- Incorporated: 1971
- CEO: Mr. C. Larry Pope
Smithfield Foods is a pork processor and hog producer. As of Apr 27 2008, Co. had five segments: Pork, which produces fresh pork and packaged meats products such as loins, butts, picnics, ribs, smoked and boiled hams, bacon, sausage, hot dogs, and ready-to-eat, prepared foods; International, which includes its meat processing and distribution operations in Poland, Romania and the U.K.; Hog Production, which includes its hog production operations in the U.S., Poland and Romania as well as its interests in hog production operations in Mexico; Other, which includes its turkey production and hatchery operations; and Corporate, which provides management and administrative services.
Key Competitors
Smithfield Foods Inc. Company Info
Board of Directors
Mr. Joseph W. Luter III
Chairman
Hon. Carol T. Crawford
Dr. Frank S. Royal
Mr. Paul S. Trible Jr.
Mr. Paul J. Fribourg
Mr. C. Larry Pope
Mr. Wendell H. Murphy
Mr. Ray A. Goldberg
Mr. John T. Schwieters
Mr. Melvin O. Wright
Mr. Robert L. Burrus Jr.
Contact Information
200 Commerce Street
Smithfield, VA
http://www.smithfieldfoods.com
757 365-3000