Smithfield Foods Inc. reported fiscal 2025 third quarter results with net sales of $3.7 billion, representing a 12.4% increase from the same period in 2024. Operating profit and adjusted operating profit for the quarter were both $310 million, with an operating margin and adjusted operating margin of 8.3%. The Packaged Meats segment recorded an operating profit and adjusted operating profit of $226 million, with an operating profit margin and adjusted operating profit margin of 10.8%. For the first nine months of fiscal 2025, net sales were $11.3 billion, up 10.9% from the first nine months of 2024. Operating profit was $892 million and adjusted operating profit was $934 million. The operating margin for this period was 7.9% and the adjusted operating margin was 8.3%. The Packaged Meats segment posted an operating profit of $792 million with an operating profit margin of 12.8%, and an adjusted operating profit of $787 million with an adjusted operating profit margin of 12.7%. By segment, Packaged Meats sales rose 9.1% to $2.09 billion in the third quarter, Fresh Pork sales increased 12.0% to $2.185 billion, Hog Production sales grew 10.1% to $813 million, and Other segment sales were up 12.1% to $131 million. Total segment sales for the quarter were $5.22 billion, up 10.5% from the prior year, with Fresh Pork inter-segment sales eliminations at $(910) million, a 20.4% increase in eliminations compared to the previous year.