Pilgrim’s Pride Reports Third Quarter 2021 Results with Strong Growth in Sales and Adjusted EBITDA
Pilgrim’s Pride Corporation, one of the world's largest poultry producers, reports its third quarter 2021 financial results.
Third Quarter Highlights
- Net Sales of $3.83 billion, up 24% from prior year.- Consolidated GAAP Operating Income margin of 3.2% with GAAP Operating Income margins of 2.9% in U.S., 11.5% in Mexico and marginally positive in Europe. Adjusted U.S. Operating Income margin of 8.2%.- GAAP Net Income of $60.8 million. Adjusted Net Income of $162.5 million or adjusted EPS of $0.67...
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