Smithfield Foods backs FY26 revenue view up low-single-digits

Backs FY26 adjusted operating profit view $1.33B-$1.48B. Backs FY26 capital expenditures view $350M-$450M. Backs FY26 effective tax rate view 22.5%-24.5%. The company’s outlook for 2026 includes 53 weeks of results. The outlook excludes the impact of the proposed Nathan’s Famous acquisition and investment in the new processing facility in Sioux Falls, South Dakota. Smith added, “We are actively managing inflationary input costs and consumer spending trends, and our record first-quarter results support our confidence in our outlook for 2026. Our strong balance sheet and cash flow generation give us the flexibility to invest behind our strategic priorities and continue driving profitable growth and long-term shareholder value.”