Smithfield Foods is trading 4.13% down at $21.10 after lowering its third-quarter 2026 outlook on September 8, 2026.
- Fresh Pork is expected to post a $70 million-$90 million adjusted operating loss.
- Hog Production profit guidance fell to $25 million-$45 million as hog prices declined.
- Reuters reported shares fell nearly 2% in extended trading after the update, supporting the company-specific catalyst.