Smithfield Foods reports 3% rise in Q3 profit
date:Mar 12, 2013
t are taxed at lower marginal rates.

Smithfield Foods' revenue for the third quarter of fiscal 2013 increased by 3% to $3.6bn, compared with $3.4bn in the same quarter of fiscal 2012, driven by higher volumes in all segments.

Smithfield Foods president and chief executive officer C Larry Pope said that the company's Smithfield bacon, Eckrich dinner sausage and Armour dry sausage have achieved double-digit growth.

We were very successful in broadening distribution of our core brands in a numbe
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