Pilgrim's(PPC)

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Pilgrim's(PPC) - 2024 Q1 - Quarterly Results
2024-05-01 22:03
Pilgrim's Pride Reports First Quarter 2024 Results with $4.4 Billion in Net Sales and Operating Income of $250.3 Million GREELEY, Colo., May 1, 2024 (GLOBE NEWSWIRE) - Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its first quarter 2024 financial results. First Quarter Highlights 1 • Net Sales of $4.4 billion. • Consolidated GAAP operating income margin of 5.7%. • GAAP Net Income of $174.9 million and GAAP EPS of $0.73. Adjusted Net Income of $182.9 million ...
Pilgrim's(PPC) - 2023 Q4 - Annual Report
2024-02-27 22:31
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 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 Indicate by check mark whether the registrant is a large accelerated filer, an accelerated file ...
Pilgrim's(PPC) - 2023 Q4 - Earnings Call Transcript
2024-02-26 18:37
Pilgrim's Pride Corporation (NASDAQ:PPC) Q4 2023 Earnings Conference Call February 26, 2024 9:00 AM ET Company Participants Fabio Sandri - President & CEO Matt Galvanoni - CFO Andy Rojeski - Head of Strategy, IR, and Net Zero Programs Conference Call Participants Ben Theurer - Barclays Ben Bienvenu - Stephens, Inc. Andrew Strelzik - BMO Capital Markets Peter Galbo - Bank of America Adam Samuelson - Goldman Sachs Priya Ohri Gupta - Barclays Operator Good morning, everyone, and welcome to the Fourth Quarter a ...
Pilgrim's(PPC) - 2023 Q4 - Earnings Call Presentation
2024-02-26 14:56
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------|-------|-------------------|-------|-------|-----------------------------------------------------------|-------|-------------------|-------|-------------------| | | | December 31, 2023 | | | December 25, 2022 \n(In thousands, except per share data) | | December 31, 2023 | | December 25, 2022 | | Net income (loss) attributable to Pilgrim's | $ | 134,653 | $ ...
Pilgrim's(PPC) - 2023 Q4 - Annual Results
2024-02-26 12:06
Pilgrim's Pride Reports Fourth Quarter and Year-End 2023 Results GREELEY, Colo., February 26, 2024 (GLOBE NEWSWIRE) - Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its fourth quarter and year-end 2023 financial results. 2023 Highlights Fourth Quarter 1 In the 4 quarter, the U.S. portfolio continued to profitably grow as Case Ready and Small Bird realized benefits from additional promotional activity with Key Customers, more distribution, and increased retai ...
Pilgrim's(PPC) - 2023 Q3 - Earnings Call Presentation
2023-10-26 19:33
-9.3% 236,586 13.8% ▲ 26,192 28,763 0.0% △ 9.89 71,912 6.7% LQ 105,008 67,370 19,471 9,975 15,045 38,285 -26.4% ▲ 5.89 -2.8% 873,865 -3.4% ▲ Total Chicken Inventories 1,000,000 950,000 900,000 850,000 800,000 750,000 700,000 650,000 600,000 550,000 500,000 Source: USDA Jumbo Cutout 18.328 11,278 Thigh Meat 83,374 66,816 -19.5% ▲ Other 347,356 352.250 -1.4% 829,339 Industry Cold Storage Supplies Ended Q3 Total Inventories in September is below 5-year average. Breast meat inventories on par with end of Q2 lev ...
Pilgrim's(PPC) - 2023 Q3 - Earnings Call Transcript
2023-10-26 19:32
Pilgrim's Pride Corporation (NASDAQ:PPC) Q3 2023 Earnings Conference Call October 26, 2023 9:00 AM ET Company Participants Andy Rojeski - Head of Strategy, IR Fabio Sandri - President and CEO Matthew Galvanoni - CFO Conference Call Participants Ben Theurer - Barclays Ben Bienvenu - Stephens Incorporated Andrew Strelzik - BMO Capital Peter Galbo - Bank of America Adam Samuelson - Goldman Sachs Priya Ohri Gupta - Barclays Operator Good morning, and welcome to the Third Quarter 2023 Pilgrim's Pride Earnings Co ...
Pilgrim's(PPC) - 2023 Q3 - Quarterly Report
2023-10-25 22:49
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 24, 2023 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) | Delaware | 75-1285071 | | --- | ...
Pilgrim's(PPC) - 2023 Q2 - Earnings Call Presentation
2023-08-10 07:57
Pilgrim's Pride Corporation (NASDAQ: PPC) ▪ Q2 2023 Adjusted EBITDA* YoY decrease driven by substantially lower US commodity market pricing; however, continued QoQ improvements in Adjusted EBITDA* due to benefits of our portfolio balance, Key Customer strategy, and geographic diversification. ▪ U.S.: Substantial year-over-year (YoY) decline in commodity market pricing impacted Big Bird business; however, significant quarter-over-quarter (QoQ) operating income improvement for the overall US business; UK/Euro ...
Pilgrim's(PPC) - 2023 Q2 - Earnings Call Transcript
2023-07-27 19:04
Pilgrim's Pride Corporation (NASDAQ:PPC) Q2 2023 Earnings Conference Call July 27, 2023 9:00 AM ET Company Participants Andy Rojeski - Head, Strategy, IR Fabio Sandri - President and CEO Matthew Galvanoni - VP, CFO and CAO Conference Call Participants Ben Theurer - Barclays Ben Bienvenu - Stephens Inc. Peter Galbo - Bank of America Adam Samuelson - Goldman Sachs Andrew Strelzik - BMO Operator Good morning, and welcome to the Second Quarter 2020 Pilgrim's Pride Earnings Conference Call and Webcast. All parti ...