Wednesday, June 13, 2007

Profit$: The Green Pork Product!

Smithfield Foods Earnings Rise in Fiscal 4Q
Meat 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: