U.S. Stock Movement: Smithfield Foods, the largest pork processor in the United States, rises about 5% pre-market after outperforming earnings expectations

Glonghui, March 24｜Before the market opened, the shares of Smithfield Foods, the largest pork processor in the US, rose 4.7% to $24.59. According to reports, Smithfield Foods has released its financial report for the fourth quarter and full year of fiscal 2025. This is an impressive, milestone-beating performance: full-year revenue surpassed $15.5 billion, marking a record profit for the second consecutive year. The company also announced a 25% increase in its annual dividend to $1.25 per share.