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Smithfield Foods (SFD) has announced its upcoming participation in two major investor conferences in March 2025. President and CEO Shane Smith will represent the company at the Citi 2025 Global Consumer & Retail Conference on March 11 and the Bank of America Consumer and Retail Conference 2025 on March 12.
At the Bank of America conference, Smith will participate in a fireside chat scheduled from 9:40 a.m. to 10:20 a.m. ET. Smithfield Foods, a leading American food company specializing in value-added packaged meats and fresh pork, has made the webcast link available for interested parties.
Nathan's Famous has launched a unique marketing campaign offering canned New York tap water to selected states, allowing customers to boil their hot dogs in authentic New York water. From February 20-21, 2025, residents in 17 states can enter to win a free four-pack of New York's Famous Tap Water by Nathan's, along with a coupon for free hot dogs.
The -time promotion aims to bring the authentic New York hot dog experience to homes during winter months when outdoor grilling is less convenient. Winners will be selected from eligible residents in states including North Carolina, Virginia, Maryland, Ohio, Tennessee, and others. The campaign highlights Nathan's Famous' New York heritage dating back to 1916 and their commitment to authentic New York-style hot dogs.
Smithfield Culinary, a division of Smithfield Foods (Nasdaq: SFD), has been named the Overall Winner of the 2025 International Foodservice Distributors Association (IFDA) Distributor's Choice Awards. The company also secured additional awards in strategic partner and sales leader categories.
The recognition comes from foodservice distribution companies voting for manufacturers based on excellence in business and supply chain collaboration, product innovation, and sales and marketing support. Art Michaels, vice president of distributive sales, emphasized the company's commitment to cultivating meaningful relationships with industry stakeholders.
Smithfield Culinary's success is attributed to its collaborative approach, delivering innovation and quality through trend-driven insights and targeted campaigns. The company provides comprehensive training programs to enhance business operations and maintains a portfolio of brands including Smithfield®, Margherita®, and Smoke'NFast®.
Smithfield Foods has announced the pricing of its initial public offering (IPO), offering a total of 26,086,958 shares of common stock at $20.00 per share. The offering is split equally between the company and an existing shareholder, with each selling 13,043,479 shares.
The underwriters have a 30-day option to purchase up to 3,913,042 additional shares from the selling shareholder. Trading is set to begin on January 28, 2025, on the Nasdaq Global Select Market under the ticker symbol 'SFD', with the offering expected to close on January 29, 2025.
The IPO is led by Morgan Stanley, BofA Securities, and Goldman Sachs as joint lead book-running managers, with several other financial institutions participating in various roles.
Smithfield Foods has announced the launch of its Initial Public Offering (IPO), offering 34,800,000 shares of common stock. The IPO price is expected to range between $23.00 and $27.00 per share. The offering is split equally between the company and an existing shareholder, each selling 17,400,000 shares.
The underwriters will have a 30-day option to purchase up to 5,220,000 additional shares from the selling shareholder. Smithfield Foods will not receive proceeds from shares sold by the selling shareholder. The company plans to list on the Nasdaq Global Select Market under the symbol 'SFD'.
Morgan Stanley, BofA Securities, and Goldman Sachs & Co. are serving as joint lead book-running managers, with Barclays and Citigroup as joint book-running managers. BNP PARIBAS, HSBC, Rabo Securities, and BTIG are also acting as book-running managers.
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