(Bloomberg) -- Smithfield Foods Inc., the largest pork producer in the US, raised its profit expectations following strong second-quarter results, despite challenges stemming from tariffs imposed by President Donald Trump on some of the biggest importers of the meat.

The company — maker of Farmland bacon and Farmer John sausages — reported a 10% increase in net sales in the first half of the year, buoyed by its packaged meat segment, the company said in a statement.

Most Read from Bloomberg

Sunseeking Germans Face Swiss Backlash Over Alpine Holiday Congestion

New York Warns of $34 Billion Budget Hole, Biggest Since 2009 Crisis

To Head Off Severe Storm Surges, Nova Scotia Invests in ‘Living Shorelines’

Chicago Schools’ Bond Penalty Widens as $734 Million Gap Looms

A New Stage for the Theater That Gave America Shakespeare in the Park

This growth, combined with an improved outlook for its hog production segment, prompted Smithfield to lift its profit outlook to between $1.15 billion to $1.35 billion. The hog production segment has returned to profitability after posting a $176 million loss in the first six months of 2024.

The company’s pork segment “is adeptly navigating a dynamic tariff environment,” said Smithfield President and CEO Shane Smith. “With a solid first half company performance and improved outlook for the Hog Production segment, we have raised our full-year adjusted operating profit outlook.”

Most Read from Bloomberg Businessweek

Why It’s Actually a Good Time to Buy a House, According to a Zillow Economist

Bessent on Tariffs, Deficits and Embracing Trump’s Economic Plan

The Social Media Trend Machine Is Spitting Out Weirder and Weirder Results

Klarna Cashed In on ‘Buy Now, Pay Later.’ Now It Wants to Be a Bank

The Game Starts at 8. The Robbery Starts at 8:01

©2025 Bloomberg L.P.