Smithfield Foods, Inc., is a global consumer packaged goods and protein company. In 2018, our sales exceeded $15 billion. Smithfield Foods reported revenue of $3.32 billion. (757) 365-3000. The UK subsidiary is part of Smithfield Foods' international meat processing and distribution business. This report also includes the comprehensive and comprehensive study of the Pork Processors market with all its aspects influencing the growth of the market. Learn more, read reviews and see open jobs. Business Address. Fresh pork sales rose about 3 percent and packaged meat sales rose less than 1 percent. The 10 analysts polled by S&P Capital IQ wanted to see revenue of $3.28 billion on the same basis. It remains the world’s biggest pork processor, although the company is poised for growth into “all kinds of adjacent categories,” promises President/CEO Ken … Issuer: Smithfield Foods, Inc. Debt Level: senior unsecured Issue: USD 400 mln 3.35% bond/note 01-feb-2022 . Whether you like Nathan's Famous hot dogs, Farmland ham steaks, or Armour pepperoni, it's all on the Smithfield Foods menu. First, Smithfield has misrepresented to consumers that a countrywide meat shortage was imminent. WH Group (Smithfield Foods), Tyson Foods (Hillshire Brands), Oscar Mayer, Campofrío Food Group, Hormel, Bar-S Foods, Pilgrim’s Pride, Johnsonville Sausage, Kunzler & Co, Vienna Beef, Carolina Packers. Business Address. The Hershey has higher revenue and earnings than Smithfield Foods. Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. Revenue: Rose 9.2% to $3.48 billion from the year-earlier quarter. A vastly improved search engine helps you find the latest on companies, business leaders, and news more easily. change. Smithfield Foods's top competitors include Hormel Foods, Tyson Foods and Sysco . Smithfield Foods, Inc., misled consumers about the state of the meat-supply chain and packing-plant worker safety during COVID-19, a new federal lawsuit alleges, saying the company’s public-relations efforts took advantage of consumer fears during disruptions in the food-supply chain. Total revenue was $5.28 billion, which is down 6 percent from the same period last year. Smithfield Foods, Inc., is a pork producer and food-processing company based in Smithfield, Virginia, in the United States, and a wholly owned subsidiary of WH Group of China. Our 40,000 U.S. and 15,000 European employees are dedicated to producing "Good food. SMITHFIELD, Va., Jan. 7, 2021 /PRNewswire/ -- Smithfield Foods, Inc. today announced new executive leadership appointments following Dennis Organ’s recent assumption of the president and chief executive officer role. Revenue details Smithfield Foods reported revenue of $3.32 billion. Smithfield Foods has one revenue stream: revenues it generates from sales of its products to its customers. “These key leaders represent decades … Smithfield is Farmland’s parent company. Smithfield Foods is hiring a Plant Controller, with an estimated salary of $80,000 - $100,000. In 1996, Cole joined Smithfield Foods as its only corporate attorney and was appointed corporate secretary in 1999 when Smithfield Foods listed … Responsibly.® Has your family ever enjoyed foods from Eckrich®, a Nathan’s Famous® hotdog, or a sandwich made from Healthy Ones®? A GuideStar Pro report containing the following information is available for this organization: Financial data for the most recent year (2018)*. 12.1.2 Global Protein Packed Foods Revenue Forecast by Regions 2019-2025 12.2 Protein Packed Foods Market Forecast by Product 12.2.1 Global Protein Packed Foods Sales Forecast by Product 2019-2025 200 Commerce St. Smithfield , VA , 23430-1204. The N.C. Division of Air Quality granted Smithfield Foods and Dominion Energy one of the permits they need to move forward in completing a controversial project to … 0.3% of The Hershey shares are held by company insiders. Now, the WH Group is the largest pork producer in the world with a reported revenue of $22.38 billion in 2017. Find 154 listings related to Smithfield Foods in Des Moines on YP.com. Our team. Smithfield Foods, Inc. today announced new executive leadership appointments following Dennis Organ’s recent assumption of the president and chief executive officer role. change. 2011 - Meat Packing Plants (benchmarking) They are also the world’s largest pork processor and hog producer, committed to providing good food in a responsible way while exhibiting operational efficiency and innovation. Cole joined Smithfield Foods in 1996 as its only corporate attorney and was appointed corporate secretary in 1999 when Smithfield Foods listed its shares for trading on the New York Stock Exchange. This report covers production, revenue, market share and growth rate of the Hot Dogs market for each key company, and covers breakdown data (production, consumption, revenue and market share) by regions, type and applications. Smithfield Foods — whose brands include Armour, Farmland and its namesake — is the ninth-largest of the 23 Fortune 500 companies based in Virginia. State of Incorp. 3.5. Our 40,000 U.S. and 15,000 European employees are dedicated to producing "Good food. Smithfield responded to questions for this story with an emailed statement. Actual vs. Wall St. Expectations: Smithfield Foods Inc. reported adjusted net income of 69 cents per share. Smithfield Foods is a wholly owned subsidiary of Hong Kong-based WH Group Limited, the largest pork company in the world. Create Comparison. Smithfield Foods' mailing address is 200 Commerce St, SMITHFIELD, VA 23430-1204, United States. info: Kenneth M. Sullivan previously held several leadership roles at Smithfield Foods. Between 2006 and 2019, he served as the company's chief legal officer overseeing the Smithfield law department. Shuangui, now the WH Group, was the largest pork producer in China before buying Smithfield Foods. State of Incorp. 1,121 reviews. China had the consumers. A Quick Look at Our Global Food Company. Smithfield Foods. Phone. GAAP reported sales were the same as … But the revenue figure was below analysts' expectations of $3.25 billion. SMITHFIELD, VA 23430. JBS is most highly rated for Culture and Smithfield Foods is most highly rated for Compensation and benefits. Between 2006 and 2019, he served as the company's chief legal officer overseeing the Smithfield law department. The report also calculated market size, sales, prices, revenue, gross profit margin and market share, cost structure and growth rate. Request Download Sample Ask For Discount Company Profile. He has held multiple leadership positions at Smithfield Foods, Inc. (NYSE:SFD) Q4 2014 Results Earnings Conference Call April 14, 2015, 08:00 AM ET Executives Keira Lombardo - SVP, Corporate Affairs Kenneth M. “These key leaders represent decades of collective company and industry expertise. Revenue: $10+ billion (USD) Competitors: JBS USA Holdings, Tyson Foods, Hormel. Smithfield Foods. GAAP … The company named Shane Smith, a … “These key leaders represent decades of collective company and industry expertise. Based in Virginia, Smithfield Foods is an industry leader with 50,200 employees and an annual revenue of $14.4B. The company sees challenges in the US and China early in 2019. Smithfield Foods Inc Annual Income Statement 3.7. Smithfield Foods’s revenue is $14 Billion Our 40,000 U.S. and 15,000 European employees are dedicated to producing "Good food. Smithfield Foods reported revenue of $3.48 billion. Download it now for $125. And Smithfield Foods is a prime example, ... Smithfield reportedly brought in more than $11 billion in revenue in 2020, so it can afford to clean up its act and transition away from the factory farm model that takes such a tremendous toll on the environment and local communities. About us. The company can be reached via phone at +1-757-3653000. Officer and/or Employee data for 2018, 2017, 2016, 2015, 2014. Create Comparison. After suffering losses in 2008 and 2009, the world’s largest pork processor and hog producer posted a recovery in fiscal years 2011 and 2012. Symbols: SFD, TSN, HRL Smithfield Foods (SFD) reported a decline fiscal second-quarter earnings today. 2011 - Meat Packing Plants (benchmarking) The Animal Feed Market research report provides key analysis of the Animal Feed market situation, including the best facts and data, definitions, SWOT analysis, expert opinions, and the latest global developments. Smithfield also announced a two-year, $250 million share buyback plan. About Smithfield Foods Smithfield Foods is a $15 billion global food company and the world's largest pork processor and hog producer. 3.9. Compare company information. A consumer advocacy group has sued Smithfield Foods, charging the giant pork processor with lying about the state of meat supplies during the pandemic to spike sales. The purchase of Smithfield Foods by China’s Shuanghui International gives the Chinese control of America’s largest meat supplier. The company, owned by China’s WH Group, tops the list of global … The 13 analysts polled by S&P Capital IQ looked for sales of $3.30 billion on the … A bevy of new executive appointments has hit Smithfield Foods, as a new Chief Executive Officer and several high-ranking leadership positions have been announced.“These key leaders represent decades of collective company and industry expertise. JBS. Revenue remained virtually flat at $857 million, but operating profit in the segment soared as the company's profit margin widened to 15% from 4% and prices surged 30%. Kenneth M. Sullivan, President and CEO. SMITHFIELD, VA 23430. 52.1% of The Hershey shares are held by institutional investors. Smithfield … Each has been given a C-level title, which is representative of the strategic value of their respective roles on the executive leadership team. That's us! However, Smithfield said its cost of sales rose about 8 percent and its gross profit fell 25 percent. And that's just a start. Oversupply in the US hog market, higher raw material and other costs in China led . We are the leader in numerous packaged meats categories with popular brands including Smithfield ®, Eckrich ®, Nathan’s Famous ®, Farmland ®, Armour ®, Farmer John ®, Kretschmar ®, John Morrell ®, Cook’s ®, Gwaltney ®, Carando ®, … “We have 3,884 employees in the state with a payroll last year of $116 million. Coming off 8 percent sales growth in 2017, with sales now at more than $15 billion, Smithfield perhaps has never been stronger. Smithfield Foods, Inc., together with its subsidiaries (the Company), is the largest hog producer and pork processor in the world and the fifth largest beef processor in the United States (U.S.). MarketsandResearch.biz has acknowledged another research report which is titled Global Smoked Bacon and Ham Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2026 that presents a definitive study of the market, enabling businesses to grow their footprint in this industry. Revenue details Smithfield Foods booked revenue of $3.23 billion. change. Pay at Smithfield Foods is significantly lower than some of its highest paying competitors, like Clougherty Packing, Conagra Brands, and General Mills, which pay $78,737, $53,785, and $48,687, respectively. This report also includes the comprehensive and comprehensive study of the Pork Processors market with all its aspects influencing the growth of the market. Smithfield Foods Inc. rebounded from a prior-year loss in its fiscal first quarter that was caused by industrywide weak demand. Request Download Sample Ask For Discount Company Profile. The Ready-to-eat Foods market report covers various factors that determine regional growth such as the economic, environmental, social, technological, and political status of the particular region. Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. Smithfield Foods Locations. (June 2021) Polaris Market Research recently released a detailed study of the Animal Feed Market, covering interesting aspects of the market and supporting development scenarios from 2020 to 2027.The report provides a clear and detailed structure of the market, including every business-related information in the global market. Dokken began his career in 1986 with John Morrell Food Group, a former independent operating company, […] SIC. Founded in Smithfield, Virginia in 1936, Smithfield Foods boasts more than 40,000 U.S. employees with nearly 50 facilities across the country. Symbols: SFD, TSN, HRL Smithfield Foods (SFD) reported a decline fiscal second-quarter earnings today. Smithfield Foods is a $15 billion global food company and the world's largest pork processor and hog producer. The following seven leaders report directly to Organ, effective immediately. “Smithfield Foods is proud of its presence in Iowa and its contributions to the state’s economy,” said C. Larry Pope, president and chief operating officer of Smithfield Foods. See other locations. Fresenius Kabi is most highly rated for Compensation and benefits and Smithfield Foods is most highly rated for Compensation and benefits. The Dry Meat Products market outlook looks extremely promising is a valuable source of insightful data for business strategists. Institutional & Insider Ownership. The 13 analysts polled by S&P Capital IQ foresaw sales of $3.50 billion on the same basis. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and porkproducer in the world. Smithfield Foods has appointed seven people to new executive leadership roles in the company. Smithfield Foods, Inc., is a global consumer packaged goods and protein company. Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. America had the pigs. 2,298 reviews. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to grow Smithfield's pigs. Outside the US, the company has facilit… Results: Net income for Smithfield Foods Inc. fell to $79 million (49 cents per share) vs. $202.6 million ($1.21 per share) a year earlier. Smithfield Foods Inc realized trailing twelve months of $ 0 millions, in the Sep. 30, 2016, compare to Revenue of $ 14,818 millions a year ago. Organ said. Hot Dogs historical breakdown data from 2016 to 2020 and forecast to 2021-2029. […] (Bloomberg) -- Smithfield Foods Inc. said Chief Executive Officer Dennis Organ is stepping down for personal reasons after less than a year on the job.The company named Shane Smith, a … While overall Revenue growth ranking, remained unchanged compare to the previous quarter at no.. This is a decline of 61% from the year-earlier quarter. Employees can download a copy of the most up-to-date matching gift form directly from the company intranet by searching for "matching gifts" (recommended method). Revenue, net: 3,539: 3,493: 3,306 : 3,406: 3,487: 3,617: Cost of revenue (Cost of Goods and Services Sold) (3,066) (3,036) (2,894) (3,021) (3,068) (3,210) Other undisclosed gross profit (529) (564) (494) (1,699) (560) (561) (564) Gross profit: 473: 457: 412: 546: 385: 419: 406: Operating expenses (234) (228) (208) 693 (238) (233) (222) Other undisclosed operating income (loss) 8: 8: 6 (973) 7: 0: 4 Revenue: $10+ billion (USD) Competitors: JBS USA Holdings, Tyson Foods, Hormel. It is a Fortune 500 company with annual worldwide revenues of more than $13 billion in fiscal year 2013 (1). Smithfield Foods Inc achieved highest trailing twelve month year on year Revenue growth. This report analyses region-wise revenue, production, manufacturers, and volume for … United States. The 10 analysts polled by S&P Capital IQ wanted to see revenue of $3.28 … Smithfield Foods, Inc. Thu 23 Jul, 2020 - 1:55 PM ET These positives are balanced against limited diversity in other proteins and exposure to inherent volatility in the hog production business and in pork processing due to periodic changes in industry supply/demand dynamics and raw material costs. It said in part, “Smithfield Foods is a U.S. company based in Smithfield, Virginia, that provides more than 40,000 American jobs and partners with thousands of American farmers, run by an American and U.S. management team. . GAAP … With our Smithfield Foods has offices, plants, and distribution centers around the world. Find detailed information on Animal Slaughtering and Processing companies in North Carolina, United States of America, including financial statements, sales and marketing contacts, top competitors, and firmographic insights. Smithfield Foods; Maxwell Foods; Prestage Farms; TDM Farms; The Pork Company; Smithfield Foods Introduction. As of 2012, Smithfield Foods had 46,000 employees, slaughtered 15.8 million pigs annually with yearly revenue of $13 billion. VA. Fiscal Year End. Smithfield Foods's top competitors include Hormel Foods, Tyson Foods and Sysco . Global Hot Dogs and Sausages key players include WH Group(Smithfield Foods), Tyson Foods(Hillshire Brands), Oscar Mayer, CampofrÃo Food Group, … Smithfield Foods Revenue Chart and History - Get free financial information for SFD Stock with Stock Traders Daily. 2,292 reviews. The 13 analysts polled by S&P Capital IQ foresaw sales of $3.50 billion on the same basis. The research analysts provide an elaborate description of the value chain and its distributor analysis. December 31. See the full list of Smithfield Foods competitors, plus revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. Mr. Cole joined Smithfield Foods in 1996 as its only corporate attorney and was appointed corporate secretary in 1999 when Smithfield Foods listed its shares for trading on the New York Stock Exchange. Fresenius Kabi. Around 55% of all pork revenue comes from value-added packaged meats, which were the focus of previous acquisitions and central to the company's long-term strategy. your location. Smithfield Foods Inc experienced detoriation of Annual Revenue for the fiscal year ended 2015 by -3.94% to $ 14,438.40 millions, compare to $ 15,031.30 in Annual Revenue reported in the previous year. Smithfield Foods Ltd. supplies a variety of branded and private label packaged foods, such as cooked hams, sausages, sliced meats, hot dogs, and canned meats, … The hog farming industry's leading company is Smithfield Foods. Smithfield Foods Inc. said Chief Executive Officer Dennis Organ is stepping down for personal reasons after less than a year on the job. Smithfield Foods is determined to be an ethical food industry leader that excels every day at bringing delicious and nutritious meat products to millions of people around the world in a manner that sets industry benchmarks for sustainability. The partnership would be equal, reflecting the fact that although Smithfield Foods generated more than twice the revenue and was far more advanced in terms of global reach and pork technology than Shuanghui, growth rates in China were far higher. The decline in company's annual Sales accelerated, from the 13.69 % gain, in the fiscal year ended 2014. *with the ability to download the data for 2018, 2017, 2016, 2015, 2014. Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world's largest, processing 32,000 pigs a day. Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. It was the largest Chinese acquisition of an American company to date. It was a match made in free-market heaven. See the full list of Smithfield Foods competitors, plus revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform. About Us: Market Research Intellect Compare company information. Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). About Smithfield Foods, Inc. Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and … This fear-mongering is designed to create a revenue-generating feedback loop; It stokes and exploits consumer panic, in turn causing demand for Smithfield’s meat products to surge. Smithfield Foods will match a minimum gift of $100 up to $5,000 per employee. Russ Dokken is chief sales officer, responsible for aligning sales, marketing, product innovation and business management initiatives. VA. Fiscal Year End. change. Smithfield profit sank 63%25 due to rising commodity costs%2C falling exports Smithfield earned %2429.7M down from %2479.5M a year ago. 200 COMMERCE STREET. Then, at the prompt, dial 866-330-MDYS (866-330-6397). The average Smithfield Foods salary ranges from approximately $28,886 per year for Trimmer to $73,407 per year for Truck Driver. Russ Dokken is appointed chief sales officer, responsible for aligning sales, marketing, product innovation and business management initiatives. Alternatively, employees may use the form provided to us at { {forms}}. Smithfield is the largest hog producer and pork processor in the world, processing more than 27 million hogs in fiscal 2011, with a slaughter capacity of 110,000 hogs per day. In 2018, our sales exceeded $15 billion. What is Smithfield Foods’s Revenue? See reviews, photos, directions, phone numbers and more for Smithfield Foods locations in Des Moines, IA. 200 COMMERCE STREET. Learn more, read reviews and see open jobs. Smithfield is the largest hog producer and pork processor in the world, processing more than 27 million hogs in fiscal 2011, with a slaughter capacity of 110,000 hogs per day. Global Sausages Sales and Revenue by Product Type Segments, Pork Hot Dogs, Chicken Hot Dogs, Beef Hot Dogs, Others It is a testament to our depth and strength at Smithfield that such talented individuals are within our ranks,” Mr. Dial the AT&T Direct Dial Access® code for. Type Private Production output As of 2006 raised 15 million pigs and pr ... Brands Cook's, Eckrich, Gwaltney, John Morrell, ... Revenue US$14.4 billion (2015) Operating income US$793.8 million (2015) 13 more rows ... SMITHFIELD, Va. — Smithfield Foods Inc. has named a new executive leadership team to work with Dennis Organ, who recently assumed the role of president and chief executive officer at the company. WH Group trades on the Hong Kong Stock Exchange under the stock code 00288. 1. Around 55% of all pork revenue comes from value-added packaged meats, which were the focus of previous acquisitions and central to the company's long-term strategy. This Accounting job in Accounting & Finance is in Des Moines, IA 50307. Jun 22, 2021. The Global Pork Processors Market report provides information on market size, share, trends, growth, cost structure, capacity, revenue and forecast 2028. Smithfield Foods reported revenue of $3.48 billion. Headquartered in Smithfield, Virginia, Smithfield Foods is an American food company dedicated to producing Good food. The Global Pork Processors Market report provides information on market size, share, trends, growth, cost structure, capacity, revenue and forecast 2028. 3.5. Average Smithfield Foods hourly pay ranges from approximately $10.25 per hour for Human Resources Specialist to $27.95 per hour for Order Picker. SIC. It is a testament to our depth and strength at Smithfield that such talented individuals are within our ranks,” Dennis Organ, the Smithfield Foods is a leading consumer packaged meats company with over 52,000 employees across the company. Company Description. 317 reviews. But Smithfield, against which Maxwell has now filed a lawsuit, is even bigger. Food and Water Watch filed the suit last week in federal court in Washington, D.C. Moreover, it delivers a wider point of view of the Pig Production and Processing industry by explaining its several segments to offer a detailed understanding of revenue generation prospects over the forecast timeline. 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