GREELEY, Colo. — Pilgrim’s Pride Corp. reports its second quarter 2024 financial results.
Second quarter highlights include:
· Net sales of $4.6 billion.
· Consolidated GAAP (generally accepted accounting principles) operating income margin of 9.7 percent.
· GAAP net income of $326.5 million and GAAP earnings per share of $1.37. Adjusted net income of $398 million or Adjusted EPS of $1.67.
· Adjusted EBITDA (earnings before interest, tax, depreciation and amortization) of $655.9 million, or a 14.4 percent margin, with Adjusted EBITDA margins of 16.7 percent in the U.S., 7.4 percent in. . .