SF
SFD
SFD What Smithfield Foods promised, and what happened
Guidance
What management said, and what became of it
10 of 12 judged targets kept · 13 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| Hog Production segment profitability, year-over-year (Q2 FY26) | Strong second quarter, driven by favorable market fundamentals | Mar 2026 | Hog Production delivered an operating profit of $64 million, up from $22 million last year, driven by higher hog selling prices, savings on our nutritional plan and improved operating efficiency on our retained farms. | Achieved |
| Fresh Pork segment adjusted operating profit, year-over-year (Q2 FY26) | Modestly up year-over-year | Mar 2026 | Fresh port delivered operating profit of $14 million at a 0.7% margin. This was down from adjusted operating profit of $30 million and an adjusted operating profit margin of 1.4% in the second quarter of 2025. | Missed |
| Total company adjusted operating profit (FY26) | $1.325 billion to $1.475 billion | Dec 2025 | Total company adjusted operating profit is now expected to be in the range of $1.225 billion to $1.375 billion, Packaged Meats is now expected to be in the range of $1.075 billion to $1.15 billion. | Revised Down |
The full ledger
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The rest of the ledger
Pro opens all 25 tracked commitments for Smithfield Foods
Above is what the last two calls moved. Pro adds every quarter's revision, the source quote behind each one, and the topics management has stopped answering.