Smart-Money SignalNeutral · 43/100— Insiders are net sellers over 90 days (-$859K, 5 sales vs 3 buys)
Revenue$3.8B
Net Income$246.0M
EPS$0.62
Gross Margin13.4%
Market Cap$9.7B
Price Performance
Historical data including institutional events
Company Profile
S
Shane Smith
CEO & Executive Director
Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, Slovakia and the United Kingdom. Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion. Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world's largest, slaughtering 32,000 pigs a day.