(Reuters) -U.S. pork processor Smithfield Foods posted a rise in second-quarter sales and profit on Tuesday, fueled by resilient demand for its packaged meats, including bacon, and fresh pork business, along with cost-saving efforts.
The company’s sales rose 11% to $3.79 billion during the quarter. It earned adjusted profit of 55 cents per share, compared with 51 cents a year ago.
(Reporting by Anuja Bharat Mistry in Bengaluru and Tom Polansek in Chicago; Editing by Shilpi Majumdar and Rashmi Aich)
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