Pilgrim's Pride Q3 net sales $4.4B; GAAP EPS $0.51 down 53% YoY; adjusted EPS $0.58

PILGRIMS PRIDE CORP

2023-Q3 EPS reported $0.79 revenue$12,833,915,000

Net sales of $4.36B, down 2.4% YoY; operating income $206.4M (-39.2%) and net income $121.6M.
Adjusted EBITDA $324.0M (7.4% margin); margins: US 7.0%, UK/Europe 6.1%, Mexico 12.4%.
Branded offerings Just Bare and Pilgrim's grew combined net sales 65% YoY.
Operational improvements supported sequential margin gains across all regions despite uneven markets.
Athens, GA expansion started production; protein conversion plant in South Georgia on track.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

PILGRIMS PRIDE CORP reported third quarter 2023 results: revenue $4.4 billion, net income $121.6 million, EPS $0.51.

Period: third quarter 2023
Revenue: $4.4 billion
Net income: $121.6 million
EPS: $0.51
Result: reported results

Exact text from the filing

Pilgrim’s Pride Reports Third Quarter 2023 Results with $4.4 Billion in Net Sales and Operating Income of $206.4 Million

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2 earnings releases filed in the last 30 days. Browse all earnings releases →

PILGRIMS PRIDE CORP filing history →

Source: SEC EDGAR

accession 0000802481-23-000085

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