Pilgrim's Pride Q4 adjusted EPS $0.59 vs loss year ago; FY revenue down 0.6%

PILGRIMS PRIDE CORP

2023-FY EPS reported $1.36 revenue$17,362,217,000

GAAP EPS $0.57 in Q4, $1.36 for FY; adjusted EPS $0.59 and $1.69.
Q4 net sales $4.5B (+9.7% YoY); FY net sales $17.4B (-0.6% YoY).
Adjusted EBITDA Q4 $309.5M (6.8% margin); FY $1.03B (6.0% margin).
U.S. fresh portfolio resilient; Prepared Foods branded sales (Just Bare, Pilgrim's) grew over 59% YoY.
Mexico branded volumes up nearly double digits YoY; adjusted EBITDA margin 8.7% for FY.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PILGRIMS PRIDE CORP reported Fourth Quarter results: revenue $4.5 billion, net income $134.7 million, EPS $0.57.

Period: Fourth Quarter
Revenue: $4.5 billion
Net income: $134.7 million
EPS: $0.57
Result: reported results

Exact text from the filing

Fourth Quarter • Net Sales of $4.5 billion. • Consolidated GAAP Operating Income margin of 4.1%. • GAAP Net Income of $134.7 million and GAAP EPS of $0.57.

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

PILGRIMS PRIDE CORP reported 2023 results: revenue $17.4 billion, net income $321.6 million, EPS $1.36.

Period: 2023
Revenue: $17.4 billion
Net income: $321.6 million
EPS: $1.36
Result: reported results

Exact text from the filing

2023 Highlights • Net Sales of $17.4 billion. • Consolidated GAAP Operating Income margin of 3.0%. • GAAP Net Income of $321.6 million and GAAP EPS of $1.36.

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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

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