Smithfield Foods Reports Fourth Quarter Earnings
VIRGINIA - Smithfield Foods, Inc. (NYSE: SFD) today reported net income for the fourth quarter of fiscal 2006 of $1.1 million, or $.01 per diluted share, versus net income last year of $85.4 million, or $.76 per diluted share. Sales were $2.7 billion, compared to $2.9 billion last year.