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Stock impact report

Pilgrim's Pride +2% after edging past earnings expectations [Seeking Alpha]

Pilgrim's Pride Corporation (PPC) 
Last pilgrim's pride corporation earnings: 4/29 05:12 pm Check Earnings Report
US:NYSE Investor Relations: ir.pilgrims.com/investor-relations
Company Research Source: Seeking Alpha
Seeking Alpha Consumer | On the Move Pilgrim's Pride +2% after edging past earnings expectations Oct. 31, 2019 10:01 AM ET Pilgrim's Pride Corporation (PPC) Clark Schultz Pilgrim's Pride ( +2.3% commentary "The environment in non-commodity chicken was in-line with seasonality and remained strong, driven by demand from retailers and QSRs," notes Pilgrim's Pride CEO Jayson Penn. "We expect value added, differentiated products to account for a significantly larger portion of our total results over the next few years as we continue to reduce our mix of more volatile commodity sales and improve our margin profile," he adds. During the earnings call, PPC stated that new trade deals could help the company's business as protein prices increase. Previously: Pilgrim's Pride EPS beats by $0.01, beats on revenue See all stocks on the move » Now read: Estee Lauder -5% after cautious outlook » Try PREMIUM Show less Read more
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