Wednesday, September 18, 2024

Pilgrim’s Pride reports 2Q results with $4.6B in net sales

PT Editor — David Strickland

Must read

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. . .

Register or Login to keep reading

Thank you for your interest in accessing the complete content. To continue reading, please register for free. By registering, you'll gain full access to our valuable resources, updates, and insights.

If you already have an account please Log In.

More articles

Latest article