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Globally the company employed 50,200 in 2016 and reported an annual revenue of $14 billion. [2] Its 973,000-square-foot meat-processing plant in Tar Heel, North Carolina, was said in 2000 to be the world's largest, slaughtering 32,000 pigs a day. [8] Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion.
Over the past 12 months, Smithfield Foods generated $403.8 million cash while it booked net income of $340.9 million. That means it turned 3.1% of its revenue into FCF. That sounds OK.
Perdue Farms is the parent company of Perdue Foods and Perdue AgriBusiness, based in Salisbury, Maryland. Perdue Foods is a major chicken-, turkey-, and pork-processing company in the United States. Perdue AgriBusiness ranks among the top United States grain companies. Perdue Farms has annual sales in excess of $6 billion. [28]
Butterball LLC was a joint venture of Smithfield Foods and Maxwell Farms Inc., [2] an affiliate of the Goldsboro Milling Co. [3] Seaboard Corporation bought Smithfield's stake in Butterball in 2010. The company sells over one billion pounds of turkey a year.
The 10-second takeaway For the quarter ended April 28 (Q4), Smithfield Foods beat slightly on revenues and missed estimates on earnings per share.
The food processing firm reported adjusted diluted earnings per share (EPS) of $0.58 on revenues of $3.58 billion. In the same period a Bringing Home the Bacon at Smithfield Foods
The 10-second takeaway For the quarter ended April 28 (Q4), Smithfield Foods beat slightly on revenues and missed estimates on earnings per share. Smithfield Foods (NYS: SFD) reported earnings on ...
Smithfield Foods Inc. (NYSE: SFD) reported adjusted first quarter 2013 earnings per share (EPS) of $0.40 on $3.09 billion in sales before markets opened today. In the same period a year ago, the ...