date:Mar 25, 2014
Smithfield Foods Inc. reported net income of $86.6 million for the eight months ended Dec. 30, 2013. This compares to $130.0 million during the comparable time frame in 2012.
Costs associated with its takeover by Hong Kong-based WH Group, formerly known as Shuanghui International Holdings Ltd., and weak performance in the company's pork and international segments dragged on earnings.
Smithfield Foods filed a Transition Report on its Form 10-K for the period from April 29, 2013 to Dec. 29, 201