Smithfield Foods

SFD

Market cap $8.94B

NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Nathan's Famous, Inc. (NasdaqGS: NATH) to Smithfield Foods, Inc. (NasdaqGS: SFD). Under the terms of the proposed transaction, shareholders of Nathan's will receive $102.00 in cash for each share of Nathan's that they own. KSF is seeking to determine whether this consideration and the process that l.

The pork processor is buying hot dog maker Nathan's Famous in an all-cash deal worth $450 million.

U.S. pork processor Smithfield Foods will buy century-old Nathan's Famous in a $450 million deal that adds the most iconic U.S. hot dog name to its portfolio of brands, the company said Wednesday.

Smithfield Foods has agreed to acquire hot dog brand Nathan's Famous for $102 a share in a deal with a total enterprise value of $450 million.

Secures Rights to Sell and Market Iconic All-Beef Hot Dog Brand into Perpetuity Strengthens Ability to Grow Nathan's Famous Brand Across Retail and Foodservice Channels Transaction Immediately Accretive SMITHFIELD, Va., Jan. 21, 2026 (GLOBE NEWSWIRE) -- Smithfield Foods, Inc. (Nasdaq: SFD) (“Smithfield Foods” or “Smithfield”), an American food company and an industry leader in value-added packaged meats and fresh pork, and Nathan's Famous, Inc. (Nasdaq: NATH) (“Nathan's Famous”), today announced that they have entered into a definitive merger agreement for Smithfield Foods to acquire all of Nathan's Famous' issued and outstanding shares for $102.00 per share in cash, which represents an enterprise value of approximately $450 million1.

MIAMI, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Eckrich, the Official Smoked Sausage and Deli Meat Sponsor of the College Football Playoff, welcomed ESPN's Marty Smith to the field during the CFP National Championship on Jan. 19 in Miami. Marty Smith made three successful throws as part of the Eckrich® $1 Million Challenge for Teachers, unlocking $600,000 to benefit educators nationwide through the CFP Foundation's Extra Yard for Teachers initiative.

Smithfield Foods, Inc. is upgraded to a soft Buy as revenue growth accelerates and management executes a clear long-term value strategy. SFD's pivot toward value-added packaged meats, with a 20% U.S. retail market share, underpins higher margins and future growth potential. Despite recent profit volatility from raw material costs, adjusted operating cash flow and EBITDA have improved, supporting the investment case.

SMITHFIELD, Va., Jan. 13, 2026 (GLOBE NEWSWIRE) -- Applications are now open for Smithfield Foods' 2026 Impact Grant Program to support nonprofit organizations driving meaningful and measurable change in local communities that Smithfield employees call home.

SMITHFIELD, Va., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Smithfield Foods, in collaboration with Kroger, distributed 1,000 free holiday hams and grocery bags filled with side dishes as part of its Season of Serving food distribution event, providing a complete meal to neighbors facing hunger in Southeastern Virginia.

Smithfield Foods, Inc. (SFD) Presents at 53rd Annual Nasdaq Investor Conference Transcript