SMITHFIELD, Va., Oct. 06, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (Nasdaq: SFD), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that its financial results for the third quarter of fiscal 2025 will be released before market open on Tuesday, October 28, 2025. The company will host a conference call at 9:00 a.m. Eastern Time to discuss the financial results. A live audio webcast of the conference call, together with related materials, will ...

Sweet, smoky heat meets America’s favorite cut with new Smithfield Mike’s Hot Honey BaconSMITHFIELD, Va., Oct. 01, 2025 (GLOBE NEWSWIRE) -- Smithfield® is turning up the flavor with a sizzlin’ new collab – Smithfield Mike’s Hot Honey Bacon. Bringing together two icons – bacon and honey – in one craveworthy bite, this first-of-its-kind innovation infuses Smithfield’s hickory smoked bacon cured to perfection, with the signature sweet heat of Mike’s Hot Honey, the original and leading hot honey brand. The resu ...

Group 1: Smithfield Foods, Inc. - Smithfield Foods, Inc. is a pork producer and food-processing company with a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for its current year earnings has increased by 3% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 9.97, compared to the industry average of 10.80, and possesses a Value Score of A [1] Group 2: VEON - VEON is engaged in telecommunication and digital services and also carries a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its next year earnings has increased by 15.2% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 5.21, significantly lower than the industry average of 17.60, and possesses a Value Score of A [2] Group 3: 1st Source - 1st Source is a bank holding company offering a broad range of commercial banking, personal banking, and trust services, with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 4.2% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 10.07, compared to the industry average of 11, and possesses a Value Score of B [3]

Group 1 - Smithfield Foods Inc. is conducting a secondary public offering of 19.53 million shares priced at $23.35 each [1][2] - The selling shareholder has granted underwriters a 30-day option to purchase an additional 2.93 million shares at the public offering price [2] - Smithfield Foods is a market leader in the food industry, processing and selling a variety of value-added packaged meats and fresh pork products [3] Group 2 - The company has a diverse portfolio of brands, including Smithfield, Eckrich, and Nathan's Famous [3]

Economic Overview - Economic uncertainty is affecting businesses and consumers in the U.S. due to ongoing tariff wars, yet the U.S. stock markets have reached record highs with a 14% year-to-date gain [1] - Analysts at Goldman Sachs suggest that investors should diversify their focus beyond a concentrated group of stocks that have driven market highs, as opportunities are emerging across various regions, sectors, and styles [2] FMCG Industry Insights - The global FMCG market is projected to grow at a compound annual growth rate (CAGR) of 3.8% from 2025 to 2032, reaching $18.96 trillion, driven by shifts in consumer behavior and technological innovations [5] - Companies in the FMCG sector are well-positioned to withstand economic challenges due to the consistent demand for their products, which are typically low-priced [4] Investment Strategy - The best FMCG stocks are characterized by prudent financial management, healthy balance sheets, and sustainable profit margins, allowing them to navigate market fluctuations while providing shareholder returns through dividends and buybacks [6] - A methodology was employed to identify top FMCG stocks, focusing on those with an upside potential of over 20% and popularity among elite hedge funds in Q2 2025 [8][9] Company Highlights - **Dollar General Corporation (NYSE:DG)**: Stock upside potential of 21.57%, with 55 hedge fund holders. The stock is viewed positively due to its underperformance relative to the sector and signs of operational improvement [10][11][12] - **Ingredion Incorporated (NYSE:INGR)**: Stock upside potential of 23.19%, with 34 hedge fund holders. The company anticipates sales growth of 2% to 4% over the next two years and a 7% to 9% CAGR in adjusted EPS through 2027 [14][15][16] - **Smithfield Foods Inc. (NASDAQ:SFD)**: Stock upside potential of 23.91%, with 27 hedge fund holders. The company recently confirmed a secondary public offering of 19.53 million shares priced at $23.35 each, with no proceeds going to Smithfield [17][18][19]

Industry Overview - Pork is the most consumed meat globally, accounting for 36% of total meat consumption [1] - It is a dietary staple in regions such as China, Europe, and the US, with potential for increased market share in diets [1] Investment Focus - The company has been operating a small investing partnership since 2023, emphasizing value investing strategies [1] - The focus is on undercovered companies, contrarian bets, and special situations [1]

Core Points - Eckrich continues its partnership with the College Football Playoff (CFP) Foundation for the 2025-26 season, expanding its support for the Extra Yard for Teachers initiative [1][6] - Since 2018, Eckrich has donated over $3 million to support education and recognize educators' contributions [3] - New for 2025, Eckrich is providing $250,000 to five schools for the Extra Yard Makeover program to enhance central learning spaces [4] Company Initiatives - Eckrich will host the $1 Million Challenge for Teachers at local college football games, allowing educators to win grants for educational projects [8] - The company will also organize Teacher Appreciation Lunches to celebrate local educators [8] - The Eckrich National Teacher of the Year Contest will honor a deserving teacher with a special experience at the 2026 College Football Playoff National Championship [9] Community Engagement - The selected schools for the Extra Yard Makeover program are located in Pittsburgh, Knoxville, Lansing, Junction City, and Fort Wayne, chosen based on merit and community needs [4] - Ribbon-cutting ceremonies for the revamped spaces will occur throughout October, involving local community members [4] - The partnership aims to uplift teachers and enhance educational resources, aligning with the CFP Foundation's mission to support PK-12 education [13]

The no-nonsense CEO turned Smithfield into the largest pork processor in the U.S. through deals before selling the company to the Chinese ...

Group 1 - Smithfield Foods, Inc. announced a secondary public offering of 19,531,698 shares at a price of $23.25 per share, with an additional option for underwriters to purchase up to 2,929,754 shares [1] - The offering is expected to close on September 8, 2025, subject to customary closing conditions [1] - The company will not receive any proceeds from the sale of shares as it is solely conducted by the principal shareholder, SFDS UK Holdings Limited [1] Group 2 - Morgan Stanley, BofA Securities, and Barclays are acting as joint lead book-running managers for the offering, with Goldman Sachs, Citigroup, and BNP Paribas as joint book-running managers [2] - A registration statement for the offering has been filed and declared effective by the U.S. Securities and Exchange Commission [3] Group 3 - Smithfield Foods is recognized as an industry leader in value-added packaged meats and fresh pork, with a diverse brand portfolio and strong relationships with U.S. farmers and customers [6]

Group 1 - WH Group's subsidiary Smithfield Foods has initiated a secondary offering of 16 million shares, with the main shareholder SFDS UK selling the shares [3] - SFDS UK has granted underwriters a 30-day option to purchase up to an additional 2.4 million shares [3] - Smithfield Foods will not issue new shares and will not receive any proceeds from this offering, remaining a subsidiary of WH Group post-offering [3] Group 2 - Smithfield Foods' stock price closed down 5.64% at $24.07 on the day of the announcement, but has increased by 21.87% since its relisting on NASDAQ in January [3] - The total value of the 16 million shares being sold is approximately $385 million, which could rise to $443 million if the additional shares are sold [3] - WH Group's stock price on the Hong Kong market opened lower, trading at HKD 8.28, down 1.31% [4]