Smithfield Foods Added to Russell 1000 Index

SMITHFIELD, Va., March 24, 2025 /PRNewswire/ -- Smithfield Foods, Inc., an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that it has been added to the Russell 1000 Index, a key benchmark for large-cap U.S. stocks. The inclusion became effective after the market close on March 21, 2025, as part of the quarterly addition of eligible initial public offerings to the Russell Indexes.

The Russell 1000 Index includes the 1,000 largest publicly traded U.S. companies based on market capitalization and is widely used by investors as a benchmark for the performance of large-cap stocks. The Russell 1000 is a subset of the broader Russell 3000 Index, which covers the 3,000 largest U.S. stocks.

"We are honored to be included in the prestigious Russell 1000 Index," said Smithfield President and CEO Shane Smith. "This inclusion is a testament to the hard work and dedication of our employees, and it reflects the strength and resilience of our business model. Being part of the Russell 1000 will help increase our visibility among institutional investors and help solidify our position as a leader in the consumer staples sector."

Smithfield has seen significant operating profit growth in recent years, led by its Packaged Meats segment. The company remains focused on executing its strategic initiatives to drive further growth and value for shareholders.

The Russell 1000 Index is managed by FTSE Russell, a global leader in index and analytics, and is widely recognized by investors for its representation of ...