Smithfield Foods sees FY25 revenue up low-to-mid-single-digit percentage range

Sees FY25 capital expenditures $400M-$500M. Sees FY25 adjusted operating profit $1.1B-$1.3B. Sees FY25 effective tax rate 23%-25%. Smith continued, “Looking ahead, we are focused on continuing to execute the strategies that have more than doubled our Packaged Meats segment operating profit over the past ten years as well as our strategies to further optimize our Fresh Pork and Hog Production operations. We have built a solid foundation that positions us well for the future with a strong balance sheet and ample cash flow to support our growth strategies and increase value for our shareholders.”