earnings
confidence high
sentiment positive
materiality 0.90
Pilgrim's Pride Q4 GAAP EPS $0.99, up 74% YoY; adj. EBITDA margin 12.0%
PILGRIMS PRIDE CORP
2024-FY EPS reported
$4.57
revenue$17,878,291,000
- Q4 GAAP EPS $0.99 vs $0.57 YoY (+73.7%); adj. EPS $1.35; net sales $4.37B (-3.5%).
- FY 2024 net sales $17.9B (+3.0%); GAAP EPS $4.57 vs $1.36 (+236%); adj. EBITDA margin 12.4% vs 6.0%.
- U.S. Prepared Foods branded sales grew ~25% YoY; Just Bare and Pilgrim's brands key drivers.
- Europe adj. EBITDA margin improved to 9.3% in Q4 vs prior year; Mexico margins expanded on commodity strength.
- Net leverage ratio 0.52x adj. EBITDA; strong liquidity.