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.

Federal authorities have indicted four officials from two chicken companies for allegedly fixing prices and rigging bids for broiler chickens across the United States, the Department of Justice said in a statement on Wednesday. The four executives include Jayson Penn, the president and CEO of Pilgrim’s Pride, which is mostly owned by JBS USA, as.

Feds indict execs from chicken companies Pilgrim’s Pride, JBS USA for price-fixing

The U.S. Justice Department indicted Pilgrim's Pride Corporation (NASDAQ: PPC) CEO Jayson Penn, former Vice President Roger Austin, along with Claxton Poultry Farms President Mikell Fries and Vice President Scott Brady for allegedly conspiring to fix prices on chickens, The Wall Street Journal reported on Wednesday afternoon.

Pilgrim's Pride Falls After Chicken Companies Are Charged With Price Fixing

Shares of chicken producer Pilgrim's Price Corp. PPC, -12.69% fell 14% Wednesday, after Chief Executive Jayson Penn was charged with conspiring to fix prices on chickens sold to restaurants and grocery stores, the Wall Street Journal reported.

Pilgrim's Pride shares slide 14% after CEO charged with conspiring to fix chicken prices: WSJ

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

Why Is Pilgrim's Pride (PPC) Down 5.1% Since Last Earnings Report?

Strength in the United States and Europe drives Pilgrim's Pride's (PPC) first-quarter 2020 revenues.

Pilgrim's Pride (PPC) Q1 Earnings Decline, Sales Up Y/Y

Pilgrim's Pride Corporation's (PPC) CEO Jayson Penn on Q1 2020 Results - Earnings Call Transcript

GREELEY, Colo., April  29, 2020  (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC) reports first quarter 2020 financial results.

Pilgrim’s Pride Reports Q1 Net Sales of $3.07 Billion, Operating Income of $84 Million and GAAP EPS of $0.27

High input costs and macroeconomic headwinds in Mexico are likely to get reflected in Pilgrim's Pride's (PPC) first-quarter 2020 results. Nevertheless, strength in Prepared Foods category bodes well.

Factors Likely to Impact Pilgrim's Pride's (PPC) Q1 Earnings

Pilgrim's Pride (PPC) Down 30.5% Since Last Earnings Report: Can It Rebound?

Pilgrim's Pride Corporation (PPC) CEO Jayson Penn on Q4 2019 Results - Earnings Call Transcript

Strength in the United States, Mexico and Europe drives Pilgrim's Pride's (PPC) fourth-quarter 2019 earnings and revenues.

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

Credit Suisse

Devon Energy

Genesco

Tenet Healthcare

While comparing stocks, if other factors are similar, the stock with a higher earnings yield is considered undervalued.

5 High Earnings Yield Stocks to Build a Successful Portfolio

Cirrus Logic

Darling Ingredients

These fast movers are currently witnessing a short-term pullback in price, as Coronavirus rattles investor confidence. So, this could be the perfect entry point for garnering solid profits in 2020.

3 Stocks With Momentum Anomaly to Buy Amid Coronavirus Scare

Pilgrim's Pride (PPC) is gaining from robust Prepared Foods business. Also, expansion in the fresh foods space and focus on key customers bode well.

Pilgrim's Pride Looks Solid, Prepared Foods Unit a Key Driver

HEICO

Microchip Technology

Performance Food Group

These fast movers are currently witnessing a short-term pullback in price in the bull market. So, this could be the perfect entry point for investors who are looking for solid returns in 2020.

Top Momentum Anomaly Stocks to Buy on Phase One Trade Deal

Andersons

Bunge Global SA

Cal-Maine Foods

Sanderson Farms

With the U.S.-China phase one deal signed, American farmers can finally recover from the slump.

5 US Farm Stocks to Reap Benefits From US-China Phase 1 Deal

Pilgrim's Pride (PPC) is gaining from robust Prepared Foods business. Also, focus on key customers and positive impacts from acquisitions bode well.

4 Factors That Make Pilgrim's Pride (PPC) an Attractive Pick

Alexion Pharma

Berry Global Group

Emergent BioSolutions

H&R Block

The stable economic fundamentals of the United States have raised the possibility of the recent stock market volatility being a transitory phase and markets continuing their long-term uptrend.

5 Top Value Picks to Counter Recent Stock Market Softness

Target

Western Union

These frontrunners are currently witnessing a short-term pullback in price in the bull market. So, this could be the perfect entry point for those who are looking for solid profits in the year ahead.

4 Momentum Anomaly Stocks to Buy as 2020 Begins on High Note

Pilgrim's Pride (PPC) is benefiting from strength in the Prepared Foods unit. Further, the company's zero-base budgeting and positive impacts from acquisitions bode well.

Will Pilgrim's Pride Maintain its Robust Momentum in 2020?

First Majestic Silver

Essential Properties Realty Trust Inc

Hilltop Holdings

PulteGroup

Ross Stores

Teledyne Technologies

These "A"-rated stocks are set for success in 2020 and are likely to make your portfolios happy in the new year and beyond.

7 ‘A’-Rated Stocks to Buy Before 2020

Tyson Foods

With a highly consolidated chicken industry in the United States, concerns grow that rough times may have an outsized impact.

What Could Scramble the Hold Chicken Producers Have on the Market?

Tyson Foods, Sanderson Farms and Pilgrim's Pride jumped Thursday as China removed a ban on U.S. poultry imports.

Tyson Foods, Sanderson Farms, Pilgrim's Pride Take Flight Near Buy Zones As China Lifts U.S. Poultry Ban

Shares of chicken producers surged toward fresh highs morning trading Thursday, after the Office of the U.S. Trade Representative confirmed that China has lifted its ban on buying U.S. poultry, which exports now expected to top $1 billion a year.

Chicken producer stocks surge after USTR confirms China lifts ban, sees $1 billion in exports a year

Pilgrim's Pride Corporation (PPC) CEO Jayson Penn on Q3 2019 Results - Earnings Call Transcript

News for Pilgrim's Pride Stock (PPC)