Smithfield Foods FY2024 operating profit $1.1B; dividend $0.25/sh

SMITHFIELD FOODS INC

FY2024 net sales $14.1B; operating profit $1.1B; adjusted EPS $1.88.
Q4 net sales $4.0B; adjusted operating profit $315M, up from $230M YoY.
Packaged Meats segment record operating profit $1.2B; margin 14.0%.
Dividend of $0.25/sh declared, payable Apr 22, 2025; annual rate $1.00.
FY2025 outlook: total adj. operating profit $1.1B-$1.3B; capex $400-$500M.

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