The world's largest pork-processing company is set to buy one of the most recognizable hot dog brands in the US for nearly $500 million. Smithfield Foods has agreed to acquire Nathan's Famous in a ...

Pork processor Smithfield Foods said Wednesday it is gobbling up iconic hot-dog brand Nathan’s Famous in a $450 million deal. Smithfield – a Chinese-owned food processor based in Virginia – will pay ...

Hall said, “We're reaffirming the guidance we provided on March 24,” and added, “we have multiple levers we can pull in the near term, including price and mix, disciplined spending, productivity ...

Rising energy and packaging costs pressure margins, company plans conservative cost management Smithfield maintains annual forecasts after Q1 sales and profit beat Nathan's Famous acquisition to now ...