GREELEY, Colo. — Pilgrim’s Pride Corp. has recently released its second quarter 2023 financial results.
Among the second quarter highlights include:
· Net sales of $4.3 billion.
· GAAP net income of $60.9 million and GAAP EPS of 25 cents. Adjusted net income of $105.3 million and adjusted EPS of 44 cents. Consolidated GAAP operating income margin of 2.3 percent.
· Adjusted EBITDA of $248.7 million, or a 5.8 percent margin, with adjusted EBITDA margins of 4.6 percent in the U.S., 5.2 percent in the U.K. & Europe, and 12.2 percent in. . .
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