Smithfield Foods Reports Third Quarter Results

VIRGINIA - Smithfield Foods, Inc. (NYSE: SFD) announced net income for the third quarter of fiscal 2006 of $71.0 million, or $.63 per diluted share, versus net income last year of $97.5 million, or $.87 per diluted share. Sales of $2.9 billion were slightly less than last year, despite overall volume increases, on lower average selling prices in the pork segment.
calendar icon 2 March 2006
clock icon 2 minute read
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