Pilgrim's Pride Reports Higher Profits as Costs Fall -- Market Talk

Dow Jones
02-13

1659 ET - Pilgrim's Pride, the second largest chicken company, reported a $236 million profit for 4Q, up from $135 million the prior year as livestock feed costs decline across the meat industry. Pilgrim's sales fell 3.5% to $4.37 billion, missing analyst expectations for the period. Besides lower prices for grain to feed its chickens, Pilgrim's said operational efficiencies also helped it improve its profitability. "While we experienced a positive market environment with lower input costs and strong chicken demand in 2024, we elevated our performance across all regions through a continued focus on controlling what we can control," said CEO Fabio Sandri in an earnings statement. Shares fell 2.5% in aftermarket trading. (patrick.thomas@wsj.com)

 

(END) Dow Jones Newswires

February 12, 2025 16:59 ET (21:59 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10