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Pilgrim’s Pride Reports Second Quarter 2023 Results with $4.3 Billion in Net Sales

Pilgrim’s Pride Corporation, one of the world's largest poultry producers, reports its second quarter 2023 financial results.

Second Quarter Highlights

  • Net Sales of $4.3 billion.
  • GAAP Net Income of $60.9 million and GAAP EPS of $0.25. Adjusted Net Income of $105.3 million and Adjusted EPS of $0.44.
  • Consolidated GAAP operating income margin of 2.3%.
  • Adjusted EBITDA of $248.7 million, or a 5.8% margin, with adjusted EBITDA margins of 4.6% in the U.S., 5.2% in the U.K. & Europe, and 12.2% in...

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