Smithfield Foods, Inc.
Income Statement
| Line Item | FY2010 | FY2009 |
|---|---|---|
| Revenue | $11.20B | $12.49B |
| Cost of Revenue | $10.47B | $11.86B |
| Gross Profit | $730.1M | $624.6M |
| Gross Margin | 6.5% | 5.0% |
| Operating Expenses | ||
| Research & Development | $38.8M | — |
| SG&A Expense | $705.9M | $798.4M |
| Operating Income | $62.8M | $-223.9M |
| Operating Margin | 0.6% | -1.8% |
| Interest Expense | $266.4M | $221.8M |
| Pretax Income | — | — |
| Income Tax Expense | $-113.2M | $-131.3M |
| Net Income | $-101.4M | $-198.4M |
| Net Margin | -0.9% | -1.6% |
| EPS (Basic) | $-0.65 | $-1.41 |
| EPS (Diluted) | $-0.65 | $-1.41 |
| Shares Outstanding (Basic) | 157.1M | 141.1M |
| Shares Outstanding (Diluted) | 157.1M | 141.1M |
| Dividends Per Share | — | — |