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AOS News2 articles
Smithfield Cuts 2026 Profit Guidance Despite Q2 Beat
Smithfield Foods trimmed its 2026 profit forecast by $100 million at the midpoint, even as Q2 results topped analyst expectations amid margin pressure in packaged meats.
FTSE 100 Dips as Oil Surpasses $103; Sainsbury, WH Smith Issue Profit Warnings
The FTSE 100 slipped 0.59% as Brent crude climbed above $103, with Sainsbury and WH Smith cutting profit forecasts due to higher costs and inflation concerns.