SHARE

Smithfield Foods reports 3.4% rise in first quarter operating profits to $333m

The US pork producer reported operating profits of $333m, up 3.4% year-on-year, driven by packaged meats division growth. It maintained its 2026 financial year outlook despite inflationary pressures and consumer spending trends.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.