Pilgrim’s Pride Reports First Quarter 2024 Results with $4.4 Billion in Net Sales and Operating Income of $250.3 Million
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: GlobeNewswire
GREELEY, Colo., May 01, 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 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 or Adjusted EPS of $0.77.Adjusted EBITDA of $371.9 million, or a 8.5% margin, with adjusted EBITDA margins of 9.4% in the U.S., 6.4% in Europe, and 9.2% in Mexico.Our diversified U.S. fresh portfolio continues to demonstrate its strength with dynamic market conditions, through increased partnership with Key Customers in both Case Ready and Small Bird, and improved operational excellence in Big Bird.Prepared Foods continues to accelerate its profitable growth through branded fully cooked offerings as Just Bare® and Pilgrim’s® net sales collectively grew 30% from prior year and continue to gain distributio
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PPC
Earnings
- 5/1/24 - Beat
PPC
Sec Filings
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- 5/8/24 - Form 4
- PPC's page on the SEC website