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Pilgrim's Pride Reports Second Quarter 2024 Results with $4.6 Billion in Net Sales and Operating Income of $440.8 Million
PPCPilgrim's(PPC) Newsfilter·2024-07-31 20:30

GREELEY, Colo., July 31, 2024 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ:PPC), one of the world's largest food companies, reports its second quarter 2024 financial results. Second Quarter Highlights Net Sales of 4.6billion.ConsolidatedGAAPoperatingincomemarginof9.74.6 billion. Consolidated GAAP operating income margin of 9.7%. GAAP Net Income of 326.5 million and GAAP EPS of 1.37.AdjustedNetIncomeof1.37. Adjusted Net Income of 398.0 million or Adjusted EPS of 1.67.AdjustedEBITDAof1.67. Adjusted EBITDA of 655.9 million, or a 14.4% margin, with Adjusted EBITDA margins of 16.7% in the U. ...