Pilgrim's Pride 1Q Revenue, Profits Rise

Dow Jones

May 01, 2025

By Roshan Fernandez

Pilgrim's Pride profitability improved in the first quarter boosted by its prepared foods brands.

The Greeley, Colo.-based company reported a profit of $296 million, or $1.24 a share, compared with $174.9 million, or 73 cents a share, a year earlier.

Excluding one-time items, per-share earnings were $1.31, below the $1.34 per share that analysts were expecting, according to FactSet.

Revenue rose to $4.46 billion from $4.36 billion a year earlier, edging just past analysts' forecast of $4.45 billion.

Poultry commodity prices rose higher than historical averages, benefiting the company's big bird--or whole chicken--offerings, Pilgrim's Pride said. Its case-ready and small bird sectors saw increased distribution to customers in retail, deli and quick-service restaurants.

The company said net sales for its U.S. prepared foods business grew more than 20% year over year, with brands such as Just Bare frozen chicken having the most growth in its retail fully cooked chicken category.

Write to Roshan Fernandez at roshan.fernandez@wsj.com

(END) Dow Jones Newswires

April 30, 2025 17:18 ET (21:18 GMT)

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Its case-ready and small bird sectors saw increased distribution to customers in retail, deli and quick-service restaurants.The company said net sales for its U.S. prepared foods business grew more than 20% year over year, with brands such as Just Bare frozen chicken having the most growth in its retail fully cooked chicken category.","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"PPC":"Pilgrim’s Pride Corporation"},"translate_title":"Pilgrim's Pride第一季度收入和利润增长","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PPC":0.9},"content_text":"By Roshan Fernandez \n\n\n  Pilgrim's Pride profitability improved in the first quarter boosted by its prepared foods brands. \n\n\n  The Greeley, Colo.-based company reported a profit of $296 million, or $1.24 a share, compared with $174.9 million, or 73 cents a share, a year earlier. \n\n\n  Excluding one-time items, per-share earnings were $1.31, below the $1.34 per share that analysts were expecting, according to FactSet. \n\n\n  Revenue rose to $4.46 billion from $4.36 billion a year earlier, edging just past analysts' forecast of $4.45 billion. \n\n\n  Poultry commodity prices rose higher than historical averages, benefiting the company's big bird--or whole chicken--offerings, Pilgrim's Pride said. 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