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Strong Growth in All Sectors, Record Sales by Smithfield Foods
date:Aug 12, 2014
ogs, but heavier weights compensated for a significant portion of the volume decline. Food-service sales volume and dollars increased.

Packaged Meats

Packaged meats operating margins were six per cent, or $0.15 per pound. Volume grew six per cent with notable increases in bacon, hams, hot dogs and dry sausage. Ham volume was significantly higher owing to the later timing of Easter. The company delivered normalised margins and volume growth in the face of an unprecedented rise in raw material c

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