Smithfield Foods Earnings Rise in Fiscal 4QMeat producer Smithfield Foods Inc. said Thursday its fourth-quarter profit rose sharply, as rising pork and beef sales offset the higher cost of grain to feed its hogs.
Profit totaled $37 million, or 33 cents per share, for the quarter ended April 29, compared with $1.1 million, or a penny per share in the same period last year.
Source: YAHOO News
No comments:
Post a Comment