GREELEY, Colo. — Pilgrim’s Pride Corp. reports its first quarter 2023 financial results.
First quarter highlights include:
- Net sales of $4.2 billion.
- GAAP net Income of $5.6 million and GAAP EPS of 2 cents. Adjusted Net Income of $19 million or adjusted EPS of 8 cents.
- Consolidated GAAP operating income margin of 0.8 percent.
- Adjusted EBITDA of $151.9 million, or a 3.6 percent margin, with adjusted EBITDA margins of 1.8 percent in the U.S., 5.3 percent in the U.K. & Europe, and 8. . .
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