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Edge14 Aug 2026
Deutsche Qualität: The Story of Birkenstock
From an 18th-century German shoemaker to a global footwear brand, how Birkenstock turned an orthopedic insole into the world's most popular sandal.
WH Group
WH Group (288) investor relations material
WH Group Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary11 Aug, 2026
Executive summary
Report covers Smithfield's unaudited financial results for the six months ended 28 June 2026, prepared under US GAAP.
Net income attributable to Smithfield rose to $484 million from $412 million year-over-year.
Comprehensive income attributable to Smithfield increased to $494 million from $432 million year-over-year.
Financial highlights
Sales totaled $7,500 million, slightly down from $7,558 million year-over-year.
Gross profit was $990 million, compared to $1,008 million in the prior year period.
Operating profit increased to $623 million from $582 million year-over-year.
Net income per diluted share was $1.23, up from $1.05 year-over-year.
Comprehensive income attributable to Smithfield reached $494 million, up from $432 million.
Key financial ratios and metrics
Gross margin for the period was approximately 13.2%.
Operating margin improved to 8.3% from 7.7% year-over-year.
Net margin attributable to Smithfield was 6.5%, up from 5.5% year-over-year.
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Latest events from WH Group
- Packaged meats growth and margin gains offset pork segment declines in Q1 2026.288
Q1 2026 - Revenue and profit rose 8% in 2025, driven by pork, packaged meats, and Smithfield IPO.288H2 2025
- Revenue and profit up 8.5% and 8.0% in 2025, driven by pork growth and North America strength.288Q3 2025
- Revenue and profit rose on pork gains, Smithfield IPO, and special dividends.288H1 2025
- Net profit soared 90% despite lower revenue, led by packaged meats and U.S. pork recovery.288Q3 2024
- Operating profit soared 78% as pork rebounded and packaged meats margins hit record highs.288H1 2024
- Operating profit up 63% and net profit more than doubled, with special dividends declared.288H2 2024
- Q1 profit rose 20.9% on pork and North America gains, with a Smithfield spin-off and special dividends.288Q1 2025
WH Group
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