Pilgrim's Pride

Pilgrim's Pride Corp. is engaged in the production, processing, marketing and distribution of fresh, frozen, and value-added chicken products to retailers, distributors and foodservice operators. It operates through the following segments: U.S., U.K. & Europe and Mexico. The company was founded by Lonnie A. Pilgrim and Aubrey Pilgrim on October 2, 1946, and is headquartered in Greeley, CO.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Pilgrim's Pride reports solid 2022 performance amidst sector challenges

Pilgrim's Pride navigated challenges in 2022 with a focus on team leadership, strategy execution, and future aspirations.
The company balanced losses in commodity segments with margins in other businesses, showcasing operational resilience and adaptability.
Stable margins in key segments and strategic investments position Pilgrim's Pride for growth and profitability in the coming year.
Operational enhancements, restructuring programs, and market strategies demonstrate a proactive approach to addressing challenges and seizing opportunities.

Pilgrim's Pride reports Q1 earnings, anticipates reduced supply challenges

Pilgrim's Pride navigated market challenges with a focus on customer relationships and operational excellence. Despite lower margins and challenges in commodity markets, the company saw improvements in profitability across key segments. Anticipating a reduction in supply, increased promotional activity, and stabilization in commodity segments present opportunities for growth.

Pilgrim's Pride reports solid Q2 performance amidst market challenges

Pilgrim's Pride's Q2 performance showcased solid revenues and EBITDA, with growth in key segments and markets.
While facing challenges in pricing and production, the company's strengths in diversification and operational excellence position it well for future growth.
Opportunities lie in leveraging operational improvements, customer-focused strategies, and market adjustments to drive profitability and sustainability.
Overall, Pilgrim's Pride remains committed to navigating challenges through strategic initiatives and a focus on long-term growth.

Pilgrim's Pride reports robust Q3 earnings, eyes growth opportunities

Pilgrim's Pride delivered strong financial performance in Q3 2023, focusing on operational excellence and growth opportunities. While facing challenges such as market volatility and cash balance reduction, the company is well-positioned to capitalize on opportunities like lower meat availability and acquisitions. Overall, Pilgrim's Pride aims to drive profitable growth through key customer partnerships and operational efficiency.

Pilgrim's Pride posts solid Q4 results, eyes operational savings

Pilgrim's Pride delivered strong financial performance, addressing challenges in hatchability and market conditions. The company is well-positioned to capitalize on global demand for chicken and drive profitability through operational excellence and diversification efforts.

Pilgrim's Pride reports strong Q1 earnings, eyes pricing opportunities

Pilgrim's Pride's Q1 2024 earnings call highlighted robust financial performance, driven by strategic initiatives and operational efficiency. While facing challenges in production factors, the company aims to capitalize on market opportunities through pricing improvements and cost optimization. Overall, Pilgrim's Pride remains focused on minimizing risks, capturing market potential, and prioritizing safety and well-being for sustained growth.

Pilgrim's Pride excels in Q3 with strong financial performance and growth opportunities

Pilgrim's Pride showcased robust financial performance, driven by operational efficiencies and margin expansion in key regions. While facing challenges in Mexico and pricing pressures, the company has opportunities to capitalize on growing chicken demand and strengthen its market position.

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Pilgrim's Pride Corp. engages in the production, processing, marketing, and distribution of fresh, frozen and value-added chicken and pork products to retailers, distributors, and foodservice operators. It operates through the following segments: U.S., U.K. and Europe, and Mexico. The company was founded by Lonnie A. Pilgrim and Aubrey Pilgrim on October 2, 1946, and is headquartered in Greeley, CO.

GREELEY, Colo. , Sept. 27, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the "Company") announced today that it has commenced a cash tender offer (the "Tender Offer") for any and all of the outstanding U.S.$850,000,000 aggregate principal amount of its 5.875% Senior Notes due 2027 (the "Notes").

Pilgrim's Pride Corporation Announces Cash Tender Offer and Consent Solicitation

GREELEY, Colo., Sept. 20, 2023 (GLOBE NEWSWIRE) -- Pilgrim's [NASDAQ: PPC], a leading global food company, today announced the release of its 2022 Sustainability Report, which includes key highlights from the past year across the company's global operations. The report details advancements in critical areas of sustainability in the United States, the United Kingdom, Continental Europe and Mexico. Pilgrim's produces high-quality poultry, pork, retail-ready, and prepared-foods products, and focuses on meeting needs in the local communities where its team members live and work.

Pilgrim's Releases 2022 Sustainability Report

Pilgrim's Pride Corporation is a leading producer of fresh and frozen chicken and pork meat products, serving over 51,100 clients in more than 120 countries. The company's diversified product portfolio and customer base reduce dependency on any single large customer. Pilgrim's Pride is implementing initiatives to lower processing volumes, negotiate with customers, and fight inflation, which may lead to improvements in free cash flow and profit margin.

Pilgrim's Pride: Transformation And Negotiation With Clients May Imply Undervaluation

Pilgrim's Pride (PPC) reported earnings 30 days ago. What's next for the stock?

Why Is Pilgrim's Pride (PPC) Up 1.9% Since Last Earnings Report?

Pilgrim's Prides' (PPC) unwavering focus on diversification, growth with Key Customers and operational excellence has been key to its success amid challenging market conditions.

Here's Why Pilgrim's Pride (PPC) is Well-Poised to Thrive

Pilgrim's Pride's (PPC) second-quarter top and the bottom line decline year over year due to persistent inflation and issues related to protein availability.

Pilgrim's Pride's (PPC) Q2 Earnings Top Estimates, Decline Y/Y

GREELEY, Colo., July 26, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its second quarter 2023 financial results.

Pilgrim's Pride Reports Second Quarter 2023 Results with $4.3 Billion in Net Sales and Operating Income of $100.3 Million

Pilgrim's Pride's (PPC) second-quarter results are likely to reflect the impacts of cost inflation, while customer-centric initiatives and solid foodservice demand bode well.

Pilgrim's Pride (PPC) Queues for Q2 Earnings: What's in Store?

GREELEY, Colo., July 11, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its second quarter of 2023 financial results after the U.S. market closes on Wednesday, July 26. The Company's executives will review the results on a conference call and webcast on Thursday, July 27, 2023 at 7:00 a.m. MT (9:00 a.m. ET). Prepared remarks regarding the company's financial and operational results will be followed by a question and answer period with Pilgrim's executive management team.

Pilgrim's Pride Corporation to Host Second Quarter Earnings Call on July 27, 2023

Why Is Pilgrim's Pride (PPC) Up 5.2% Since Last Earnings Report?

Pilgrim's Pride's (PPC) customer-centric approach propels it to introduce unique offerings that provide competitive advantages.

Pilgrim's Pride (PPC) Benefits From Expansion Amid High Costs

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Investors interested in stocks from the Food - Meat Products sector have probably already heard of Pilgrim's Pride (PPC) and Hormel Foods (HRL). But which of these two stocks is more attractive to value investors?

PPC vs. HRL: Which Stock Is the Better Value Option?

Pilgrim's Pride Corporation (PPC) Q1 2023 Earnings Call Transcript.

Pilgrim's Pride Corporation (PPC) Q1 2023 Earnings Call Transcript

Pilgrim's Pride's (PPC) first-quarter top and bottom lines decline year over year affected by inflation. Nonetheless, net sales increase in Europe and Mexico operations.

Pilgrim's Pride (PPC) Q1 Earnings Outperform Estimates

GREELEY, Colo., April 26, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its first quarter 2023 financial results.

Pilgrim's Pride Reports First Quarter 2023 Results with $4.2 Billion in Net Sales and Operating Income of $31.3 Million

Pilgrim's Pride's (PPC) first-quarter 2023 results are likely to be affected by cost-related hurdles.

Factors to Note Ahead of Pilgrim's Pride's (PPC) Q1 Earnings

GREELEY, Colo., April 06, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its first quarter of 2023 financial results after the U.S. market closes on Wednesday, April 26. The Company's executives will review the results on a conference call and webcast on Thursday, April 27, 2023 at 7:00 a.m. MT (9:00 a.m. ET). Prepared remarks regarding the company's financial and operational results will be followed by a question and answer period with Pilgrim's executive management team.

Pilgrim's Pride Corporation to Host First Quarter Earnings Call on April 27, 2023

GREELEY, Colo. , April 4, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) ("PPC") announced today the pricing of its offering of $1.0 billion aggregate principal amount of 6.250% senior unsecured notes due 2033 (the "Notes").

PILGRIM'S PRIDE ANNOUNCES PRICING OF SENIOR UNSECURED NOTES DUE 2033

GREELEY, Colo. , April 4, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation (NASDAQ: PPC) ("PPC")  announced today its intention to offer, subject to market and other conditions, senior unsecured notes (the "Notes") pursuant to PPC's automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission.

PILGRIM'S PRIDE ANNOUNCES PROPOSED OFFERING OF SENIOR UNSECURED NOTES

GREELEY, Colo. , Feb. 16, 2023 /PRNewswire/ -- Pilgrim's Pride Corporation ("PPC") announced today the expiration and results of its previously announced offers to exchange (the "Exchange Offers") any and all of its outstanding (i) $1.0 billion aggregate principal amount of 4.250% Sustainability-Linked Senior Notes due 2031 (the "Existing 2031 Notes") and (ii) $900.0 million aggregate principal amount of 3.500% Senior Notes due 2032 (the "Existing 2032 Notes," and together with the Existing 2031 Notes, the "Existing Notes"), for an equal principal amount of new notes in a transaction registered under the Securities Act (the "New Notes").

PILGRIM'S PRIDE CORPORATION ANNOUNCES EXPIRATION AND RESULTS OF ITS REGISTERED EXCHANGE OFFERS FOR ANY AND ALL OF ITS OUTSTANDING 4.250% SUSTAINABILITY-LINKED SENIOR NOTES DUE 2031 AND 3.500% SENIOR NOTES DUE 2032

Pilgrim's Pride Corporation (NASDAQ:PPC ) Q4 2022 Earnings Conference Call February 9, 2023 9:00 PM ET Company Participants Andy Rojeski - Head-Strategy, IR and Net Zero Programs Fabio Sandri - President and CEO Matt Galvanoni - CFO Conference Call Participants Ben Bienvenu - Stephens Ben Theurer - Barclays Adam Samuelson - Goldman Sachs Peter Galbo - Bank of America Operator Good morning, and welcome to the Fourth Quarter and Fiscal Year 2022 Pilgrim's Cries Earnings Conference Call and Webcast. All participants will be in listen only mode.

Pilgrim's Pride Corporation (PPC) Q4 2022 Earnings Call Transcript

Pilgrim's Pride's (PPC) fourth-quarter 2022 results reflect a loss due to persistent inflation. Nevertheless, sales rose on growth across Europe, Mexico and the U.S. operations.

Pilgrim's Pride's (PPC) Q4 Loss Miss Estimates, Sales Up Y/Y

GREELEY, Colo., Feb. 08, 2023 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its fourth quarter and year-end 2022 financial results.

Pilgrim's Pride Reports Fourth Quarter and Year-End 2022 Results

Pilgrim's Pride's (PPC) fourth-quarter performance is likely to have witnessed an escalated cost of sales.

Pilgrim's Pride (PPC) Set to Report Q4 Earnings: Things to Note

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