secwatch.observer — SEC 8-K summary
======================================

Issuer:     SMITHFIELD FOODS INC (SFD)
CIK:        0000091388
Form:       8-K
Filed at:   2026-03-24T23:59:59+00:00
Accession:  0000091388-26-000013
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smithfield Foods reports record fiscal 2025; revenue up 9.8% to $15.5B, dividend raised to $1.25/share
--------------------------------------------------------------------------------

- Annual operating profit of $1.292B (+15.6% YoY); adjusted EPS $2.55 vs $2.51 GAAP EPS.
- Packaged Meats operating profit of $1.094B, fourth consecutive year above $1B.
- Hog Production swung to $176M operating profit from -$144M loss on rightsizing to 11.1M head.
- Board increases annual dividend to $1.25/share for 2026 (from $1.00), citing strong cash flow.
- Entered definitive agreement to acquire Nathan's Famous, eliminating licensing fees and capturing full retail profit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/91388/000009138826000013/0000091388-26-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/91388/000009138826000013/sfd-20260324.htm
  HTML page:      https://secwatch.observer/filing/0000091388-26-000013

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer