Smithfield Foods Reports Strong Performance in Packaged Meats Segment in Q1
Smithfield Foods (SFD) reported Q1 net sales of $3.8 billion, a 0.8% increase, driven by strong performance in the packaged meats segment, which saw 6.2% sales growth. The hog production segment, however, declined by 17.5% during the quarter ended March 29.
Tickers: $SFD
Topics: hog production packaged meats Q1 results sales growth