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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Pilgrim's Pride Corporation (“Pilgrim's Pride”) (NASDAQ: PPC) breached their fiduciary duties to Pilgrim's Pride and its shareholders.

INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Pilgrim's Pride Corporation's Directors and Officers for Breach of Fiduciary Duties – PPC

Pilgrim's Pride Corporation (NASDAQ:PPC ) Q3 2022 Earnings Conference Call October 27, 2022 9:00 AM ET Company Participants Andy Rojeski - Head-Strategy, IR and Net Zero Programs Fabio Sandri - President and CEO Matt Galvanoni - CFO Conference Call Participants Ben Theurer - Barclays Ben Bienvenu - Stephens Ken Zaslow - Bank of Montreal Peter Galbo - Bank of America Adam Samuelson - Goldman Sachs Operator Good morning, and welcome to the Third Quarter 2022 Pilgrim's Pride Earnings Conference Call and Webcast. [Operator Instructions] At the company's request, this call is being recorded.

Pilgrim's Pride Corporation (PPC) Q3 2022 Earnings Call Transcript

Pilgrim's Pride's (PPC) third-quarter 2022 results reflect increased earnings and sales on growth across Europe and the U.S. operations.

Pilgrim's Pride (PPC) Q3 Earnings Beat Estimates, Sales Up Y/Y

GREELEY, Colo., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its third quarter 2022 financial results.

Pilgrim's Pride Reports Third Quarter 2022 Results with $4.47 Billion in Net Sales and Operating Income Margin of 7.6%

Pilgrim's Pride's (PPC) third-quarter 2022 results are likely to reflect gains from the company's customer-centric approach, marketing efforts and supply-chain enhancements amid cost inflation.

Pilgrim's Pride (PPC) Q3 Earnings Upcoming: Factors to Note

The U.S. Justice Department on Sunday moved to dismiss an antitrust indictment against two former Pilgrim's Pride Corp executives who were the remaining defendants in a conspiracy prosecution that has failed to secure any convictions.

U.S. moves to dismiss price-fixing case against two former Pilgrim's Pride execs

GREELEY, Colo., Oct. 06, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter 2022 financial results after the U.S. market closes on Wednesday, Oct. 26, 2022 and host its third quarter 2022 earnings conference call and webcast on Thursday, Oct. 27, 2022 at 7 a.m. MT (9 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 Third Quarter 2022 Earnings Call on October 27, 2022

Ally Financial

General Motors

Centrus Energy

Marathon Oil

Sunoco

Molson Coors Brewing

After covering market ideas under $10 and later under $20, it's now time to go up the standalone denomination chain of the Federal Reserve note spectrum and discuss under-$50 sleeper stocks to buy before Wall Street wakes up. The narrative is simple.

7 Under-$50 Sleeper Stocks to Buy Before Wall Street Wakes Up

Pilgrim's Pride (PPC) benefits from its focus on strategic growth initiatives, like capacity expansions and a customer-centric approach.

Pilgrim's Pride (PPC) is Poised on Capacity Expansion Efforts

GREELEY, Colo. , Sept. 15, 2022 /PRNewswire/ -- Pilgrim's Pride Corporation ("PPC") announced today that it is soliciting consents (the "Consents") from the holders of each of its (i) 4.250% Sustainability-Linked Senior Notes due 2031 (the "2031 Notes"), and (ii) 3.500% Senior Notes due 2032 (the "2032 Notes" and, collectively with the 2031 Notes, the "Notes"), each issued by PPC to certain proposed amendments as set forth below (with respect to each series of Notes, the "Proposed Amendments") to the indentures governing each series of Notes (with respect to each series of Notes, an "Indenture" and, collectively, the "Indentures") (with respect to each series of Notes, a "Consent Solicitation" and, collectively, the "Consent Solicitations").

PILGRIM'S PRIDE CORPORATION ANNOUNCES CONSENT SOLICITATIONS FOR EACH OF ITS 4.250% SUSTAINABILITY-LINKED SENIOR NOTES DUE 2031 AND 3.500% SENIOR NOTES DUE 2032

Pilgrim's Pride (PPC) benefits from long-term investments like capacity expansion and automation. However, rising pressures from inflation are a concern.

Capacity Expansions Aid Pilgrim's Pride (PPC), High Costs Ail

Beyond Meat

Industrias Bachoco SAB de CV

Tyson Foods

The Zacks Food - Meat Products industry players are gaining on innovation, capacity expansion and pricing actions amid cost woes. These factors are aiding companies like Tyson Foods (TSN), Pilgrim's Pride (PPC), Industrias Bachoco (IBA) and Beyond Meat (BYND).

4 Meat Food Stocks to Watch as Industry Prospects Look Bright

Avis Budget Group

Marathon Petroleum

Unum

United Rentals

We have narrowed our search to five value stocks. These are: UNM, URI, MPC, PPC and CAR.

Shrug Off Market Gyrations With These Top 5 Value Stocks

Pilgrim's Pride's (PPC) focus on key customers is a pathway for refining its portfolio and creating competitive advantages. Also, its efforts to expand in new regions bode well.

Pilgrim's Pride (PPC) Up More than 20% in 6 Months: Here's Why

Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.

Pilgrim's Pride (PPC) is a Top-Ranked Growth Stock: Should You Buy?

Pilgrim's Pride (PPC) benefits from its focus on strategic growth initiatives, like a customer-centric approach and capacity expansions.

Pilgrim's Pride (PPC) Gains on Solid Performance, Growth Efforts

Company Shares Progress Toward Ambitious 2030 Goals Company Shares Progress Toward Ambitious 2030 Goals

Pilgrim's Celebrates 2021 Sustainability Accomplishments

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Pilgrim's Pride (PPC) is a Top-Ranked Value Stock: Should You Buy?

America's second-biggest chicken producer handily beat analysts' EPS forecast in its Q2 report earlier this week. Much of Pilgrim's Pride's performance will depend on how wholesale chicken prices move along with grain input costs.

Pilgrim's Pride Beats On Earnings, Cheap Valuation Is Attractive

Pilgrim's Pride Corporation (NASDAQ:PPC ) Q2 2022 Earnings Conference Call July 28, 2022 9:00 AM 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 Ken Zaslow - Bank of Montreal Adam Samuelson - Goldman Sachs Michael Piken - Cleveland Research Peter Galbo - Bank of America Operator Good morning, and welcome to the Second Quarter 2022 Pilgrim's Pride Earnings Conference Call and Webcast. [Operator Instructions] Please note that the slides referenced during today's call are available for download from the Investor Relations section of the Company's website at www.pilgrims.com.

Pilgrim's Pride Corporation (PPC) CEO Fabio Sandri on Q2 2022 Results - Earnings Call Transcript

Pilgrim's Pride's (PPC) second-quarter 2022 results reflect increased earnings and sales on growth across Mexico and Europe and the U.S. operations.

Pilgrim's Pride (PPC) Q2 Earnings Beat, Sales Improve Y/Y

GREELEY, Colo., July 27, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its second quarter 2022 financial results.

Pilgrim's Pride Reports Second Quarter 2022 Results with $4.63 Billion in Net Sales and Operating Income Margin of 11.1%

Pilgrim's Pride's (PPC) Q2 performance is likely to reflect the growing Mexico business. Strength in U.S. business owing to foodservice and retail demand might have also been a tailwind.

What's in the Offing for Pilgrim's Pride (PPC) in Q2 Earnings?

Defensive stocks like Pilgrim's Pride, a global poultry producer, could provide reliable growth in a recessionary environment. The post Defensive Stocks To Watch Amid Looming Recession Include This Chicken Producer appeared first on Investor's Business Daily.

Defensive Stocks To Watch Amid Looming Recession Include This Chicken Producer

GREELEY, Colo., July 12, 2022 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its second quarter 2022 financial results after the U.S. market closes on Wednesday, July 27, 2022, and host its second quarter 2022 earnings conference call and webcast on Thursday, July 28, 2022, at 7 a.m. MT (9 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.

News for Pilgrim's Pride Stock (PPC)