FoodProduction News & Analysis

Smithfield Foods (SFD) Expects Q3 2026 Fresh Pork Operating Loss

Smithfield Foods, Inc. (NASDAQ: SFD) anticipates an adjusted operating loss in its Fresh Pork business for Q3 2026, following a decline in the USDA pork cutout and industry processing spreads. The company also expects lower operating profit from its Hog Production sector, marking a deterioration from previous earnings forecasts. In August, Smithfield had already revised its full-year 2026 adjusted operating-profit outlook to between $1.23 billion and $1.38 billion. This information is significant for investors as it indicates ongoing pressures on profitability and potential uncertainty in future earnings for Smithfield Foods.