Pilgrim's(PPC)

Search documents
Pilgrim's Pride (PPC) Q2 Revenue Up 4%
The Motley Fool· 2025-08-01 22:15
Pilgrim's Pride (PPC 1.20%) reported its financial results for the second quarter of fiscal 2025 on July 30, 2025. The company exceeded analyst forecasts for both GAAP revenue and non-GAAP EPS, posting non-GAAP earnings per share (EPS) of $1.70, which surpassed the non-GAAP consensus estimate of $1.57. Revenue (GAAP) reached $4.76 billion, topping GAAP estimates of $4.62 billion, and increasing from $4.56 billion in the prior-year quarter (GAAP, Q2 FY2024). Management approved a special $500 million dividen ...
Pilgrim's(PPC) - 2025 Q2 - Earnings Call Transcript
2025-07-31 14:02
Pilgrim's Pride (PPC) Q2 2025 Earnings Call July 31, 2025 09:00 AM ET Company ParticipantsAndrew Rojeski - Head - Strategy, IR & SustainabilityFabio Sandri - President & Global CEOMatthew Galvanoni - CFOBenjamin Theurer - Managing DirectorPooran Sharma - Managing DirectorHeather Jones - FounderPeter Galbo - Director - Head of US Consumer Staples Equity ResearchPriya Gupta - Assistant VPConference Call ParticipantsAndrew Strelzik - Restaurant AnalystGuilherme Palhares - Senior Equity Research AnalystOperator ...
Pilgrim's(PPC) - 2025 Q2 - Earnings Call Transcript
2025-07-31 14:00
Pilgrim's Pride (PPC) Q2 2025 Earnings Call July 31, 2025 09:00 AM ET Speaker0Good morning, and welcome to the 2025 Pilgrim's Pride earnings conference call and webcast. All participants will be in a listen only mode. At the company's request, this call is being recorded. Please note that the slides refer referenced during the today's call are available for download from investor section of the company's website at www.pilgrims.com. After today's presentation, there will be an opportunity to ask questions.I ...
Pilgrim's(PPC) - 2025 Q2 - Earnings Call Presentation
2025-07-31 13:00
▪ Statements contained in this press release that state the intentions, plans, hopes, beliefs, anticipations, expectations or predictions of the future of Pilgrim's Pride Corporation and its management are considered forward-looking statements. Without limiting the foregoing, words such as "anticipates," "believes," "estimates," "expects," "intends," "may," "plans," "projects," "should," "targets," "will" and the negative thereof and similar words and expressions are intended to identify forward-looking sta ...
Pilgrim's(PPC) - 2025 Q2 - Quarterly Report
2025-07-30 22:31
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q | | | For the quarterly period ended June 29, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File number 1-9273 PILGRIM'S PRIDE CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) 1770 Promontory Circle 80634-9038 Greeley CO (Address of pr ...
Pilgrim's(PPC) - 2025 Q2 - Quarterly Results
2025-07-30 22:27
Pilgrim's Pride Reports Second Quarter 2025 Results with $4.8 Billion in Net Sales, Operating Income of $512.3 Million and Announces Special Dividend of Approximately $500 Million. GREELEY, Colo., July 30, 2025 (GLOBE NEWSWIRE) - Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's leading food companies, reports its second quarter 2025 financial results. Second Quarter Highlights: 1 • Net Sales of $4.8 billion. • Consolidated GAAP operating income margin of 10.8%. • GAAP Net Income of $356.0 milli ...
Pilgrim’s Pride Reports Second Quarter 2025 Results with $4.8 Billion in Net Sales, Operating Income of $512.3 Million and Announces Special Dividend of Approximately $500 Million
GlobeNewswire· 2025-07-30 21:02
Core Insights - Pilgrim's Pride Corporation reported strong financial results for the second quarter of 2025, with net sales reaching $4.76 billion, a 4.3% increase year-over-year [3][5] - The company achieved a GAAP EPS of $1.49, reflecting an 8.8% increase compared to the previous year, and an adjusted EPS of $1.70 [5][19] - Operating income rose by 16.2% to $512.3 million, while adjusted EBITDA increased by 4.7% to $686.9 million, maintaining a margin of 14.4% [3][5] Financial Performance - Net sales for the first half of 2025 totaled $9.22 billion, up 3.4% from $8.92 billion in the same period last year [3] - The U.S. Fresh portfolio saw significant growth, benefiting from high commodity values and operational improvements [5][4] - Adjusted EBITDA for the first half of 2025 was $1.22 billion, a year-over-year increase of 18.7% [3][5] Market Dynamics - Demand from key customers outpaced category growth, with prepared offerings expanding significantly [4][5] - The U.S. Prepared Foods segment reported over 20% growth in net sales compared to the previous year, driven by record production levels [5][6] - Pilgrim's Europe experienced margin expansion through sales growth and cost efficiencies, with sales to key customers increasing over 5% year-over-year [6][7] Strategic Initiatives - The company announced plans to build a new prepared foods plant in Georgia, expected to increase U.S. Prepared Foods sales by over 40% and create over 630 jobs [5][8] - Pilgrim's continues to diversify its product offerings, with Just Bare chicken brand achieving over 10% market share in the fully cooked chicken category [5][6] - The company maintains a strong liquidity position with a net leverage ratio of less than 1.0 times adjusted EBITDA [5][6] Shareholder Returns - The Board of Directors approved a special dividend of approximately $500 million, equating to $2.10 per share [5][6] - The company emphasizes its commitment to delivering value to shareholders through growth and innovation in its product lines [6][9]
Pilgrim's Pride (PPC) Outperforms Broader Market: What You Need to Know
ZACKS· 2025-07-25 22:51
Company Performance - Pilgrim's Pride (PPC) stock increased by 1.09% to $47.81, outperforming the S&P 500's daily gain of 0.4% [1] - Prior to the latest trading session, PPC shares had gained 6.15%, while the Consumer Staples sector experienced a loss of 0.48% and the S&P 500 gained 4.61% [1] Upcoming Earnings - The earnings report for Pilgrim's Pride is scheduled for July 30, 2025, with an expected EPS of $1.54, reflecting a decrease of 7.78% from the previous year [2] - Full-year Zacks Consensus Estimates predict earnings of $5.27 per share and revenue of $0 million, indicating year-over-year changes of -2.77% and 0%, respectively [2] Analyst Estimates - Recent changes to analyst estimates for Pilgrim's Pride suggest shifting short-term business dynamics, with positive revisions indicating a favorable business outlook [3] - The Zacks Rank system, which incorporates these estimate changes, provides actionable ratings for investors [4] Zacks Rank and Valuation - Pilgrim's Pride currently holds a Zacks Rank of 4 (Sell), with a 2.14% decline in the Zacks Consensus EPS estimate over the past month [5] - The company has a Forward P/E ratio of 8.97, which is lower than the industry average of 12.24, indicating a valuation discount [6] Industry Context - The Food - Meat Products industry, part of the Consumer Staples sector, ranks in the bottom 21% of all industries, with a current Zacks Industry Rank of 197 [6] - The Zacks Industry Rank evaluates the performance of industry groups, showing that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Pilgrim's to Build New Prepared Foods Facility, Creating 630 New Jobs in Walker County, Georgia
Globenewswire· 2025-07-24 16:26
GREELEY, Colo., July 24, 2025 (GLOBE NEWSWIRE) -- Pilgrim’s, one of the world’s leading food companies, today announced it will invest $400 million to expand its footprint in Georgia. The company will build a new, multi-phase prepared foods facility in LaFayette, Walker County, supporting more than 630 new jobs at full capacity. “Georgia's No. 1 industry of agriculture continues to drive growth with companies like Pilgrim’s creating quality jobs in communities like LaFayette,” said Governor Brian Kemp. “As ...
Why Pilgrim's Pride (PPC) Dipped More Than Broader Market Today
ZACKS· 2025-07-15 23:01
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system. Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EP ...