SMITHFIELD FOODS INC shareholders approved Advisory Vote on Approval of the Compensation of the Named Executive Officers at the 2026-06-02 meeting.
“3. Proposal 3 - Advisory Vote on Approval of the Compensation of the Named Executive Officers. Shareholders approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers for fiscal year 2025. For Against Abstain Broker Non-Votes 369,498,286 4,053,422 35,699 6,143,347”
Shareholder Votes
SMITHFIELD FOODS INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-02 meeting.
“2. Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm. Shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending January 3, 2027. For Against Abstain 379,298,050 424,737 7,967”
Shareholder Votes
SMITHFIELD FOODS INC shareholders approved Election of Directors at the 2026-06-02 meeting.
“1. Proposal 1 - Election of Directors. Shareholders elected all three director nominees named in the 2026 Proxy Statement to the Company’s Board of Directors to serve until the Company’s 2029 Annual Meeting of Shareholders and until their respective successors are duly elected and qualified, or until such director’s earlier death, resignation, disqualification or removal. Director Nominee For Withheld Broker Non-Votes Wan Long 349,402,219 24,185,188 6,143,347 Hank Shenghua He 352,339,183 21,248,224 6,143,347 Raymond A. Starling 368,046,086 5,541,321 6,143,347”
Earnings Releases
SMITHFIELD FOODS INC reported first quarter ended March 29, 2026 results: revenue $3.8 billion, EPS $0.62.
“First Quarter Fiscal 2026 Financial Highlights • Net sales of $3.8 billion, up 0.8% from the first quarter of 2025 • Operating profit of $333 million, up 3.4% from the first quarter of 2025; Adjusted operating profit of $339 million, up 4.0% from the first quarter of 2025 • Operating margin of 8.7%, up from 8.5% in the first quarter of 2025; Adjusted operating margin of 8.9%, up from 8.6% in the first quarter of 2025 • Packaged Meats operating profit of $275 million, up 3.6% from the first quarter of 2025; Packaged Meats operating profit margin of 12.8%, compared to 13.1% in the first quarter of 2025 • Diluted and adjusted diluted earnings of $0.62 and $0.64 per share, respectively; compared to $0.57 and $0.58 per share, respectively, in the first quarter of 2025”
Material Agreements
SMITHFIELD FOODS INC entered into Agreement and Plan of Merger with Nathan's Famous, Inc. and Boardwalk Merger Sub Inc. (effective 2026-01-20).
“On January 20, 2026, Smithfield Foods, Inc. (“ Smithfield ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with Nathan’s Famous, Inc. (“ Nathan’s ”), and Boardwalk Merger Sub Inc., a wholly owned subsidiary of Smithfield (“ Merger Sub ”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.