earnings
confidence high
sentiment positive
materiality 0.85
Pilgrim's Pride Q3 net sales $4.47B, +16.8% YoY; GAAP EPS $1.08, operating margin 7.6%
PILGRIMS PRIDE CORP
2022-Q3 EPS reported
$3.73
revenue$13,341,012,000
- Net sales $4.47B (+16.8% YoY); GAAP EPS $1.08 (prior year $0.25); adjusted EPS $1.09.
- U.S. operating margin 11.9%, Mexico (3.2)%, Europe 1.2%; consolidated margin 7.6%.
- Adjusted EBITDA $460.5M (10.3% margin), up 32.7% YoY.
- Just Bare and Pilgrim's branded retail grew >45% YoY; e-commerce >65%.
- Net leverage ratio 1.33; organic growth projects on track.