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Pilgrim’s Pride ( (PPC) ) just unveiled an update.
On February 13, 2025, Pilgrim’s Pride Corporation reported its financial results for the fourth quarter ended December 29, 2024, showing significant improvements across its operations. The company experienced increased net revenue and operating income driven by higher U.S. commodity market pricing, cost efficiencies, and growth with key customers, despite higher SG&A expenses due to legal settlements and compensation costs. Broiler placements and egg sets increased year-over-year, while industry cold storage supplies continued to lag behind previous years, indicating supply chain adjustments. The results suggest a strong positioning for Pilgrim’s Pride in its industry, with implications for continued operational efficiency and market growth.
More about Pilgrim’s Pride
Pilgrim’s Pride Corporation operates in the poultry industry, focusing on producing and supplying chicken products across various markets, including the U.S., Europe, and Mexico.
YTD Price Performance: 6.56%
Average Trading Volume: 1,033,673
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $11.93B
For detailed information about PPC stock, go to TipRanks’ Stock Analysis page.
