🔴 Smithfield Foods is trading 4% down today after cutting 2026 sales and adjusted operating-profit forecasts

Smithfield Foods is trading 4% down now at $22.92, or -4.02%, after management reduced its full-year 2026 sales and adjusted operating-profit forecasts.

• Trading at $22.92 (-4.02%)
• Q2 revenue fell 2.3% to $3.7 billion, despite adjusted EPS beating expectations at $0.62.
• Full-year adjusted operating-profit guidance fell by $100 million at the midpoint, reflecting cautious consumers and higher costs.
• Broader markets are higher, making the company-specific guidance cut the likely catalyst.