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Pilgrim’s Pride Reports Third Quarter 2024 Results with $4.6 Billion in Net Sales

Pilgrim’s Pride Corporation, one of the world's largest poultry producers, reports its third quarter 2024 financial results.

Third Quarter Highlights

  • Net Sales of $4.6 billion.
  • Consolidated GAAP operating income margin of 11.1%.
  • GAAP Net Income of $350.0 million and GAAP EPS of $1.47. Adjusted Net Income of $387.0 million or Adjusted EPS of $1.63.
  • Adjusted EBITDA of $660.4 million, or a 14.4% margin.
  • Our U.S. Fresh portfolio continued to improve through progress in operational excellence, strong demand, and enhanced...
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Nov 1 7:42 AM, Expana
Poultry
Pilgrim's Pride
Financial Results
Q3

Pilgrim’s Pride Reports Second Quarter 2024 Results with $4.6 Billion in Net Sales 

Pilgrim’s Pride Corporation, one of the world's largest food companies, reports its second quarter 2024 financial results.

Second Quarter Highlights

  • Net Sales of $4.6 billion.
  • Consolidated GAAP operating income margin of 9.7%.
  • GAAP Net Income of $326.5 million and GAAP EPS of $1.37. Adjusted Net Income of $398.0 million or Adjusted EPS of $1.67.
  • Adjusted EBITDA of $655.9 million, or a 14.4% margin, with Adjusted EBITDA margins of 16.7% in the U.S., 7.4% in Europe, and 19.4% in Mexico...
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Aug 2 10:17 AM, Expana
Financial Results
Q2
Pilgrim's Pride

Pilgrim’s Pride Reports Profitable Year-End Results in 2023

During 2023, commodities were exceptionally volatile as markets began at near record lows given supply and demand imbalance and availability of other proteins combined with unsettling consumer sentiment. Throughout the year values gradually returned to more seasonal levels, while cost inflation remained elevated compared to historical standards.

“While our business faced a unique set of challenging conditions in 2023, we persevered as our team members maintained a leadership mindset and elevated their focus and execution of our strategy. As a result, we demonstrated an ability to drive profitable growth even under the most difficult circumstances as our sales and adjusted EBITDA strengthened throughout the year and showed increased momentum as we entered 2024,” said Fabio Sandri, Pilgrim’s CEO.

In the 4th quarter, the U.S. portfolio continued to...

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Feb 26 9:09 AM, General News
Pilgrim's Pride
Chicken


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