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 Corporation (NASDAQ: PPC) announced its Q3 2022 financial results, reporting net sales of $4.47 billion, a 16.8% increase year-over-year. The company posted a GAAP net income of $259 million with a GAAP EPS of $1.08. Adjusted EBITDA reached $460.5 million, marking a 32.7% rise. The U.S. segment performed strongly, with a 14% adjusted EBITDA margin, while challenges persisted in Mexico due to seasonality and operational issues. The company aims for sustainability with nearly $40 million in investments towards its Net Zero Program.
Pilgrim's Pride Corporation (NASDAQ: PPC) will announce its third quarter 2022 financial results on Oct. 26, 2022, after U.S. market closure. The earnings conference call is scheduled for Oct. 27, 2022, at 7 a.m. MT (9 a.m. ET). Investors can pre-register for the webcast via the company’s investor website, allowing for quick access to the call. A replay of the webcast will be available two hours post-call until Feb. 8, 2023. The company operates in multiple countries and employs over 60,000 individuals.
Pilgrim’s Pride Corporation (NASDAQ: PPC) has reported its Q2 2022 financial results, showing net sales of $4.63 billion, a 27.3% increase year-over-year. The company achieved a GAAP net income of $362 million and adjusted EBITDA of $623.3 million, marking a 67.7% rise compared to last year. Operating income surged to $512.9 million. The firm indicated strong brand growth in its U.S. retail sector, particularly with its Just Bare® and Pilgrim’s® products, which saw over 96% growth. Additionally, liquidity remains robust with an adjusted EBITDA net leverage ratio of 1.5x.
Pilgrim’s Pride Corporation (NASDAQ: PPC) will announce its second quarter 2022 financial results on July 27, 2022, after U.S. market close. The earnings conference call is scheduled for July 28, 2022, at 7 a.m. MT (9 a.m. ET). Investors can pre-register for the webcast on the company's investor site to bypass live operator assistance. A replay will be available shortly after the call and accessible until October 26, 2022. Pilgrim’s Pride employs over 59,000 team members, operating facilities across 14 states and beyond.
Pilgrim’s Pride Corporation (NASDAQ: PPC) announced its first quarter 2022 results, reporting net sales of $4.24 billion, a 29.5% increase from the previous year. The company achieved a GAAP net income of $280.6 million with a GAAP EPS of $1.15. Adjusted EBITDA reached $501.8 million, an increase of 97.7% year-over-year. While the U.S. retail and foodservice sectors showed strong growth, the European segment faced challenges due to labor shortages and escalating costs. The company expressed optimism amid ongoing inflationary pressures and aims to enhance operational efficiencies.
Pilgrim’s Pride Corporation (NASDAQ: PPC) will release its Q1 2022 financial results on April 27, 2022, after market close. The earnings conference call is scheduled for April 28, 2022, at 7:00 a.m. MT (9:00 a.m. ET), featuring remarks from executive management followed by a Q&A session. Investors can pre-register for the webcast to gain access to the call. The event will also be available for replay on the company’s investor website. Pilgrim’s employs over 59,000 staff and operates facilities in 14 states and internationally.
Pilgrim's Pride Corporation (Nasdaq: PPC) announced the retirement of Michael Cooper from its Board of Directors, effective April 27, 2022. Cooper, who has served on the Board for 13 years, was instrumental in the company’s emergence from bankruptcy and played a vital role as Chairman of the Audit Committee. Chairman Gilberto Tomazoni praised Cooper for his contributions to the company’s strategic growth. Pilgrim's operates protein production facilities across 14 states and internationally, employing over 59,000 team members.
Pilgrim’s Pride Corporation (NASDAQ: PPC) reported its fourth quarter and year-end 2021 financial results, achieving net sales of $14.8 billion, a 22% increase from last year. The GAAP net income is $31 million with an adjusted net income of $557.4 million, or EPS of $2.28. Adjusted EBITDA rose to $1.3 billion, a 64% year-over-year growth. Despite challenges like labor shortages and input cost inflation, the U.S. demand for chicken drove pricing stability. The company also made progress in ESG metrics and maintained a strong liquidity position.
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