Welcome to our dedicated page for Pilgrims Pride news (Ticker: PPC), a resource for investors and traders seeking the latest updates and insights on Pilgrims Pride stock.
Pilgrim's Pride Corporation (PPC)) is a global leader in poultry processing and protein production, serving retail and foodservice markets across North America and Europe. This page provides centralized access to official press releases, financial announcements, and strategic updates directly from the company.
Investors and industry stakeholders will find timely information on earnings reports, operational expansions, and strategic partnerships, alongside developments in product innovation and sustainability initiatives. Our curated collection ensures transparent access to material events shaping PPC's position in the protein sector.
Regular updates cover key business segments including fresh chicken production, value-added prepared foods, and pork processing operations. Stay informed on market dynamics, supply chain advancements, and regulatory developments relevant to Pilgrim's Pride's multinational footprint.
Bookmark this page for efficient tracking of PPC's financial performance and industry leadership. Combine these resources with SEC filings and earnings call transcripts for comprehensive analysis of one of poultry processing's most strategically diversified companies.
Pilgrim's Pride reports strong Q1 2025 results with net sales of $4.5 billion and operating income of $404.5 million. The company achieved a GAAP EPS of $1.24 and adjusted EPS of $1.31, with adjusted EBITDA reaching $533.2 million (12.0% margin).
Key highlights include:
- U.S. Fresh portfolio saw robust demand across retail and foodservice
- Prepared Foods division grew net sales by over 20% year-over-year
- Digital sales increased by 35% through strategic partnerships
- Europe achieved 8.1% adjusted EBITDA margin
- Mexico experienced double-digit sales volume growth
The company maintains strong financial health with a net leverage ratio of 1.1x after paying a $1.5 billion special dividend. Sustainability efforts show progress with decreased GHG emissions intensity levels. The company's focus on key customer partnerships and operational efficiencies continues to drive growth across all regions.
Pilgrim's Pride (NASDAQ: PPC) has scheduled its first quarter 2025 financial results announcement for April 30, 2025, after U.S. market closure. The company will host a conference call and webcast to discuss the results on May 1, 2025, at 7:00 a.m. MT (9:00 a.m. ET).
The earnings call will feature prepared remarks on financial and operational results, followed by a Q&A session with executive management. Investors and analysts can pre-register through the company's investor website or directly via the registration link. The webcast replay will be available until August 1, 2025, while the telephone replay will be accessible until June 1, 2025.
Pilgrim's Pride (NASDAQ: PPC) has announced a significant capital deployment strategy, including a special cash dividend of $6.30 per share, totaling approximately $1.5 billion. The dividend will be payable on April 17, 2025, to stockholders of record on April 3, 2025.
The company outlined its portfolio enhancement plans, including expansion in prepared foods, adding small bird capacity, converting a big bird plant to a case ready facility, and expanding protein conversion capacity. Over the past five years, Pilgrim's has invested $950 million in acquisitions, $1.8 billion in share repurchases and dividends, and $2.2 billion in capital expenditures.
Pilgrim's Pride (NASDAQ: PPC) reported strong financial results for Q4 and full-year 2024. The company achieved net sales of $17.9 billion with a consolidated GAAP Operating Income margin of 8.4%. Full-year highlights include GAAP Net Income of $1.1 billion, Adjusted EBITDA of $2.2 billion (12.4% margin), and Adjusted EPS of $5.42.
The U.S. Fresh portfolio benefited from strong chicken demand, while U.S. Prepared Foods saw branded offerings grow nearly 25%. The European business showed positive momentum with manufacturing optimization and brand growth. Mexico operations improved margins through strong commodity markets and increased distribution.
Q4 results include net sales of $4.4 billion, GAAP Net Income of $235.9 million, and Adjusted EBITDA of $525.7 million. The company maintained a strong liquidity position with a net leverage ratio of 0.52.
Pilgrim's Pride (NASDAQ: PPC) has announced an upcoming Investor Day event scheduled for March 14 at the Nasdaq MarketSite in New York. The event will feature presentations from senior management, including CEO and President Fabio Sandri, who will commence the proceedings at 10 a.m. EST.
The company's leadership team will discuss their strategic vision, competitive advantages, and capital allocation approach with investors and analysts. The event will conclude with a Q&A session.
Due to venue capacity limitations, interested participants must RSVP by February 28 through the company's Investor Relations department at IRPPC@pilgrims.com. On-site registration will not be available, and attendance is strictly to those who receive advance confirmation.
Pilgrim's Pride (NASDAQ: PPC) has announced it will release its fourth quarter and fiscal year 2024 financial results on Wednesday, February 12, 2025. The company will host a conference call and webcast to discuss the results on Thursday, February 13, 2025, at 7:00 a.m. MT (9:00 a.m. ET).
The earnings call will include prepared remarks on financial and operational results, followed by a Q&A session with executive management. A press release and supplemental materials will be released before market opening. Investors can pre-register for the webcast through the company's investor website or directly via the registration link to receive immediate access.
The conference call can be accessed by dialing +1 (844) 883-3889 (US) or +1 (412) 317-9245 (International). The webcast replay will be available on Pilgrim's website until April 30, while the telephone replay will be accessible until March 13, 2025.
Pilgrim's Pride reported strong Q3 2024 results with net sales of $4.6 billion, up 5.2% year-over-year. The company achieved a GAAP operating income of $508.4 million with an 11.1% margin. Notable highlights include GAAP Net Income of $350.0 million and EPS of $1.47. The U.S. Fresh portfolio showed improvement through operational excellence and strong demand, while Europe improved Adjusted EBITDA by nearly 40% versus prior year. The company maintained a strong liquidity position with a net leverage ratio of 0.65x Adjusted EBITDA. Branded prepared foods portfolio expanded across retail and foodservice, with branded sales in Mexico rising over 20%.
Pilgrim's (NASDAQ: PPC) has released its 2023 Sustainability Report, highlighting achievements across global operations in the United States, Puerto Rico, Mexico, Europe, and the United Kingdom. The report showcases significant progress in sustainability initiatives, including a 17% reduction in absolute scope 1 and 2 GHG emissions since 2019 and 14.2% renewable electricity usage in global operations.
Key achievements include the approval of 130+ GHG emissions reduction projects, 100% third-party certification for food safety and quality in U.S. and European facilities, and a 24% improvement in Global Safety Index performance since 2022. The company focuses on sustainable food production, community engagement, and continuous improvement across its poultry, pork, and prepared foods operations.
Pilgrim's Pride (NASDAQ: PPC) has announced the release of its third quarter 2024 financial results after the U.S. market closes on October 30, 2024. The company will host a conference call and webcast on October 31, 2024, at 7:00 a.m. MT (9:00 a.m. ET) to review the results. The call will include prepared remarks on financial and operational results, followed by a Q&A session with executive management.
Investors and analysts can pre-register for the webcast to receive immediate access. Registration is available on the company's investor website or through a provided link. Those who haven't pre-registered can join by dialing specific numbers on the day of the event. The webcast replay will be available on Pilgrim's website until January 31, 2025, while a telephone replay can be accessed until November 30, 2024.
Pilgrim's Pride (NASDAQ: PPC) reported strong second quarter 2024 results, with net sales of $4.6 billion and a consolidated GAAP operating income margin of 9.7%. The company achieved a GAAP Net Income of $326.5 million and GAAP EPS of $1.37. Adjusted EBITDA reached $655.9 million, representing a 14.4% margin. Pilgrim's Pride saw improvements across its U.S., European, and Mexican operations, with notable growth in branded offerings and partnerships with key customers. The company's strong liquidity position, with a net leverage ratio of 1.1x Adjusted EBITDA, provides a solid foundation for executing its growth strategy.
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