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 Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

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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., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter 2021 financial results after the U.S. market closes on October 27, 2021. The Company's executives will review the results on a conference call and webcast Thursday, October 28, 2021, at 7:00 a.m. MT (9:00 a.m. ET).

Pilgrim's Pride to Release Third Quarter 2021 Financial Results October 27

Pilgrim's Pride (PPC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

What Makes Pilgrim's Pride (PPC) a Good Fit for "Trend Investing"

Pilgrim's Pride (PPC) completes acquisition of Kerry Consumer Foods' Meats and Meals business, which will operate as a business division under the company's European operations.

Pilgrim's Pride's (PPC) Latest Buyout to Aid European Operations

GREELEY, Colo., Sept. 27, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (Nasdaq: PPC) (“Pilgrim's” or the “Company”) today announced the completion of the previously announced acquisition of Kerry Consumer Foods' Meats and Meals business (the “business”) which will operate as a business unit within Pilgrim's European operations.

Pilgrim's Pride Announces Closure of Kerry Consumer Foods' Meats and Meals Acquisition

GREELEY, Colo., Sept. 20, 2021 (GLOBE NEWSWIRE) -- The board of directors of Pilgrim's Pride Corporation (NASDAQ: PPC) has formed a special committee of independent directors to review and evaluate the previously announced unsolicited proposal received on August 12, 2021 from JBS S.A. to acquire all of the outstanding shares of common stock of PPC that JBS does not currently own.

Pilgrim's Pride Forms Special Committee

Pilgrim's Pride's (PPC) focus on key customers is a pathway for refining portfolio and building competitive advantages. Solid performance across all regions in the second quarter bodes well.

Pilgrim's Pride (PPC) Looks Solid: Up More Than 20% in 3 Months

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Here's What Could Help Pilgrim's Pride (PPC) Maintain Its Recent Price Strength

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GREELEY, Colo., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the “Company”) today announced it has closed an offering of $900.0 million in aggregate principal amount of its 3.500% Senior Notes due 2032 (the “Notes”).

Pilgrim's Pride Closes $900.0 Million Senior Notes Offering

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

Why Is Pilgrim's Pride (PPC) Up 23.4% Since Last Earnings Report?

If you are looking for stocks that are well positioned to maintain their recent uptrend, Pilgrim's Pride (PPC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Pilgrim's Pride (PPC) Should Keep going

GREELEY, Colo., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the “Company”) announced the pricing of senior unsecured notes for an aggregate principal amount of $900.0 million (the "Notes"). The Notes due in 2032 will be issued at a price of 100% of the aggregate principal amount reflecting a yield to maturity of 3.50%. The aggregate principal amount of the Notes offered was upsized from $750.0 million due to significant investor demand for the Notes. The sale of the Notes is expected to close on September 2, 2021, subject to customary closing conditions. Each of the Company's domestic wholly-owned restricted subsidiaries that guarantee the Company's secured credit facility will guarantee the Notes.

Pilgrim's Pride Upsizes and Prices its Senior Unsecured Notes Offering; Receives Positive Outlook from S&P Global

Pilgrim's Pride Corp (NASDAQ: PPC)  announced a private offering of up to $750.0 million in aggregate principal amount of senior unsecured notes. The company intends to use the offering proceeds to finance its acquisition of the Meats and Meals businesses of Kerry Consumer Foods in the U.K. and Ireland and to pay related fees and expenses.

Pilgrim's Pride To Raise $750M Via Debt Offering

GREELEY, Colo., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the “Company”) announced today that it is offering, subject to market conditions, up to $750.0 million in aggregate principal amount of senior unsecured notes (the "Notes"). Each of the Company's domestic wholly-owned restricted subsidiaries that guarantee the Company's secured credit facility will guarantee the Notes.

Pilgrim's Pride Announces Offering of Senior Unsecured Notes

Solid operations in Mexico and revival of market conditions in the United States are upsides for Pilgrim's Pride (PPC). Also, focus on capacity expansions bodes well.

Pilgrim's Pride (PPC) Surges More Than 40% YTD: Here's Why

An acquisition offer sent the stock soaring.

Why Pilgrim's Pride Stock Was Soaring Today

The shares of Pilgrim's Pride Corporation (NASDAQ: PPC) increased by over 15% pre-market. This is why it happened.

Pilgrim's Pride Shares Increase Over 15% Pre-Market: Why It Happened

Pilgrims Pride Corp (PPC) CEO Fabio Sandri on Q2 2021 Results - Earnings Call Transcript

GREELEY, Colo., July 28, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its second quarter 2021 financial results.

Pilgrim's Pride Reports Second Quarter 2021 Results with Strong Growth in Sales and Adjusted EBITDA Margins

Pilgrim's Pride's (PPC) second-quarter 2021 results are likely to reflect gains from U.S. foodservice recovery and higher online sales, though escalated costs are concerning.

Pilgrim's Pride (PPC) Queued for Q2 Earnings: Things to Note

GREELEY, Colo., July 09, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) announced today that it will host its second quarter 2021 earnings conference call and webcast on Thursday, July 29, 2021 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 2021 Earnings Call on July 29, 2021

Inventories of chicken, both live and frozen, are down considerably over the last 12 months. Rising consumer demand is creating a chicken shortage vs. falling supplies and production in the U.S.

How To Play A Developing Chicken Shortage: Pilgrim's Pride

Company Announces New Ambitious Global Goals and Targets Company Announces New Ambitious Global Goals and Targets

News for Pilgrim's Pride Stock (PPC)