Pilgrim's Pride (PPC) closed at $35.78 in the latest trading session, marking a -1.73% move from the prior day. This change lagged the S&P 500's daily loss of 0.6%. Meanwhile, the Dow lost 0.86%, and the Nasdaq, a techheavy index, lost 1.08%. Shares of the poultry producer have appreciated by 2.88% over the course of the past month, outperforming the Consumer Staples sector's loss of 1.46% and lagging the S&P 500's gain of 3.15%. The investment community will be closely monitoring the performance of Pilgrim ...

Pilgrim's Pride Corporation (PPC) has been experiencing benefits from its strategic initiatives like focus on key customers, capacity expansion, brand fortification and reducing costs. The company has been witnessing market strength through its emphasis on value-added offerings and operational excellence. Let's Dig Deeper Pilgrim's Pride has been benefiting from strength of its Mexico operations for a while now. In first-quarter 2024, the Mexico business showed a significant improvement from the previous ye ...

Pilgrim's Pride Corporation (NASDAQ:PPC) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Andrew Rojeski - Head, Strategy, Investor Relations and Sustainability Fabio Sandri - President and Chief Executive Officer Matt Galvanoni - Chief Financial Officer Conference Call Participants Ben Theurer - Barclays Peter Galbo - Bank of America Ben Bienvenu - Stephens Heather Jones - Heather Jones Research, LLC Priya Ohri-Gupta - Barclays Operator Good morning and welcome to the First Quar ...

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 March 31, 2024 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 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 ...

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 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 ...

| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------------------------------------------------------------------------------|-------|-------------------|-------|-------|-----------------------------------------------------------|-------|-------------------|-------|-------------------| | | | 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 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 ...

-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 ...