Smithfield Foods, Inc. - Common Stock (SFD)
Frequently Asked Questions About Smithfield Foods, Inc. - Common Stock (SFD)
Does Smithfield Foods have a sustainability program?
Yes, Smithfield Foods is committed to sustainability and implements various initiatives to minimize its environmental footprint. This includes efforts to reduce greenhouse gas emissions, optimize water use, manage waste effectively, and promote animal welfare, aiming to provide high-quality products while being socially responsible.
Does Smithfield Foods participate in international markets?
Yes, Smithfield Foods participates in several international markets, distributing its products globally. The company exports a significant portion of its pork production and has established a presence in countries such as China, Mexico, and Japan, adapting its offerings to meet local tastes and regulations.
How can consumers contact Smithfield Foods?
Consumers can contact Smithfield Foods through its official website, where they can find customer service information and product inquiries. The company typically provides ways for consumers to reach out via email, phone, and social media, ensuring that customer feedback is addressed appropriately.
How does Smithfield Foods address food waste?
Smithfield Foods takes food waste seriously and implements various strategies to minimize waste at all stages of its supply chain. This includes optimizing production processes, recycling materials, and collaborating with local organizations to donate surplus products to help alleviate food insecurity.
How does Smithfield Foods ensure food safety?
Smithfield Foods employs rigorous food safety protocols throughout its processing and production facilities. This includes comprehensive testing and monitoring systems, employee training programs, and adherence to federal and state food safety regulations to ensure that all products meet the highest safety and quality standards.
Is Smithfield Foods publicly traded?
Smithfield Foods is not publicly traded on its own. After its acquisition by WH Group Limited in 2013, Smithfield Foods became a private entity, and as such, its stock is no longer available on the public market under its former ticker symbol, SFD.
What are Smithfield Foods' core values?
Smithfield Foods' core values include integrity, responsibility, and respect. The company emphasizes a commitment to quality products, ethical sourcing, community engagement, and a customer-first approach, aiming to operate in a manner that positively impacts its employees, consumers, and the environment.
What challenges does Smithfield Foods face?
Like many companies in the food industry, Smithfield Foods faces challenges such as fluctuating commodity prices, regulatory changes, supply chain disruptions, and public scrutiny regarding health and environmental impact. The company continually adapts its strategies to navigate these challenges while maintaining its commitments to quality and sustainability.
What does Smithfield Foods, Inc. do?
Smithfield Foods, Inc. is a global food company and the world's largest pork processor and hog producer. The company is engaged in the production, processing, and marketing of a wide range of fresh meat and packaged food products, with a strong emphasis on pork products and other meat-based offerings that cater to various consumer preferences.
What innovation has Smithfield Foods implemented in its operations?
Smithfield Foods is known for its innovative approaches to production and processing, including the use of advanced technology in its facilities to enhance efficiency and quality. The company continues to explore new methods and solutions in food production, sustainability, and product development to better serve consumers.
What is Smithfield Foods' approach to employee welfare?
Smithfield Foods prioritizes employee welfare by providing competitive wages, comprehensive benefits, and a safe working environment. The company emphasizes training and development opportunities for employees, fostering a culture of respect and support that contributes to overall job satisfaction.
What is Smithfield Foods' commitment to animal welfare?
Smithfield Foods is dedicated to animal welfare and adheres to industry-leading standards. The company implements best practices in animal husbandry and welfare, focusing on providing humane treatment and ensuring the health and safety of animals throughout its supply chain.
What is Smithfield Foods' role in the community?
Smithfield Foods plays an active role in the communities it operates in through various philanthropic efforts. The company engages in community service activities, food donations, and educational programs that support local initiatives, aiming to improve food security and promote healthier lifestyles.
What is the size of Smithfield Foods' workforce?
Smithfield Foods employs thousands of individuals across its various facilities and operations. As one of the largest meat processors in the world, the company is a significant employer in the agriculture and food sectors, providing jobs in processing, farming, logistics, and management.
What markets does Smithfield Foods serve?
Smithfield Foods serves a wide range of markets, including grocery stores, food service providers, and restaurant chains across the United States and internationally. The company's products are sold both under the Smithfield brand and various private labels, catering to diverse consumer needs and preferences.
What products does Smithfield Foods offer?
Smithfield Foods offers a diverse portfolio of meat products, primarily centered on pork. Their product range includes fresh and frozen pork cuts, deli meats, sausages, bacon, and other specialty meats, along with a variety of value-added products that cater to consumer tastes and convenience.
When was Smithfield Foods founded?
Smithfield Foods was founded in 1936 by Joseph W. Luter, Jr. The company began as a small ham producer and has significantly expanded over the decades to become a leading name in the meat processing industry, known for its innovative practices and comprehensive product offerings.
Where is Smithfield Foods headquartered?
Smithfield Foods is headquartered in Smithfield, Virginia. The company operates in various locations across the United States and internationally, with distribution centers, processing plants, and farms located in diverse regions to optimize its supply chain.
Who owns Smithfield Foods?
Smithfield Foods is a wholly-owned subsidiary of WH Group Limited, a Chinese company. WH Group acquired Smithfield Foods in 2013 for $4.7 billion, marking one of the largest acquisitions ever made by a Chinese company in the United States at the time.
What is the current price of Smithfield Foods, Inc. - Common Stock?
The current price of Smithfield Foods, Inc. - Common Stock is 20.12
When was Smithfield Foods, Inc. - Common Stock last traded?
The last trade of Smithfield Foods, Inc. - Common Stock was at 9:50 am EDT on April 4th, 2025