UPDATE 1-Kerry Group to sell consumer foods meat and meals business to Pilgrim's Pride [Reuters]
Pilgrim's Pride Corporation (PPC)
Last pilgrim's pride corporation earnings: 4/29 05:12 pm
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US:NYSE Investor Relations:
ir.pilgrims.com/investor-relations
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Source: Reuters
its British and Irish Consumer Foods' Meats and Meals business to U.S. poultry producer Pilgrim's Pride Corp for 819 million euros ($975 million). The division, whose brands include Richmond, Denny and Galtee, earned profit before tax of 63 million euros ($75 million) last year on revenue of 828 million euros ($986 million), Kerry said. Pilgrim's Pride is one of the largest U.S. poultry producers. “Kerry Group plc today announces that it has reached agreement to sell its Consumer Foods' Meats and Meals business in the UK and Ireland to Pilgrim's Pride Corporation for a cash consideration of 819 million euros subject to routine closing adjustments,” the statement said. The sale allows Kerry to focus more on its core ingredients solutions business, Kerry Chief Executive Edmond Scanlon said. “This transaction further enhances Kerry's focus as a leading business to business ingredient solutions provider for the food, beverage and pharmaceutical markets,” Scanlon said. Pilgrim's
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News
- Pilgrim's Pride Corporation (NASDAQ:PPC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- US 'Frankenchicken' Supply Hit With 'Hatchery Issues' As Production Woes May Send Prices Higher [zero hedge]zero hedge
- Eggs That Won't Hatch? Pilgrim's Warns About US Chicken Supply [Yahoo! Finance]Yahoo! Finance
- Eggs That Won't Hatch? Pilgrim's Warns About US Chicken Supply [BNN Bloomberg (Canada)]BNN Bloomberg
- Pilgrim's Pride (PPC) Q1 Earnings Top Estimates, Sales Up Y/Y [Yahoo! Finance]Yahoo! Finance
PPC
Earnings
- 5/1/24 - Beat
PPC
Sec Filings
- 5/2/24 - Form 8-K
- 5/2/24 - Form 10-Q
- 5/2/24 - Form 8-K
- PPC's page on the SEC website