Pilgrim's Pride Shares Slide After Missing Expectations -- Market Talk

Dow Jones

May 02, 2025

1253 ET - Shares of Pilgrim's Pride, the second largest U.S. chicken processor, fell about 14% on after not meeting analyst profit expectations for the quarter. The company posted a first-quarter profit of $296 million, higher than a year ago, but shy of what Wall Street analysts were expecting. Pilgrim's stock is still up more than 30% over the past 12 months. Chicken companies have broadly been benefiting from lower feed costs and increased demand from consumers over the past year. "Chicken is winning in retail because of the movement of food-away-from-home to food-at-home, but also gaining traction in foodservice with menu penetration and more promotional activities," said CEO Fabio Sandri on a call with analysts. (patrick.thomas@wsj.com)

(END) Dow Jones Newswires

May 01, 2025 12:53 ET (16:53 GMT)

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The company posted a first-quarter profit of $296 million, higher than a year ago, but shy of what Wall Street analysts were expecting. Pilgrim's stock is still up more than 30% over the past 12 months. Chicken companies have broadly been benefiting from lower feed costs and increased demand from consumers over the past year. \"Chicken is winning in retail because of the movement of food-away-from-home to food-at-home, but also gaining traction in foodservice with menu penetration and more promotional activities,\" said CEO Fabio Sandri on a call with analysts. (patrick.thomas@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 01, 2025 12:53 ET (16:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pilgrim's Pride Shares Slide After Missing Expectations -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPilgrim's Pride Shares Slide After Missing Expectations -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-02 00:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1253 ET - Shares of Pilgrim's Pride, the second largest U.S. chicken processor, fell about 14% on after not meeting analyst profit expectations for the quarter. The company posted a first-quarter profit of $296 million, higher than a year ago, but shy of what Wall Street analysts were expecting. Pilgrim's stock is still up more than 30% over the past 12 months. Chicken companies have broadly been benefiting from lower feed costs and increased demand from consumers over the past year. \"Chicken is winning in retail because of the movement of food-away-from-home to food-at-home, but also gaining traction in foodservice with menu penetration and more promotional activities,\" said CEO Fabio Sandri on a call with analysts. (patrick.thomas@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 01, 2025 12:53 ET (16:53 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PPC","symbol_name":"Pilgrim’s Pride Corporation","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2532888730","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2532888730","pubTimestamp":1746118380,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1253 ET - Shares of Pilgrim's Pride, the second largest U.S. chicken processor, fell about 14% on after not meeting analyst profit expectations for the quarter. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PPC":"Pilgrim’s Pride Corporation","BK4212":"包装食品与肉类"},"translate_title":"Pilgrim's Pride股价因未达到预期而下跌——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PPC":0.9},"content_text":"1253 ET - Shares of Pilgrim's Pride, the second largest U.S. chicken processor, fell about 14% on after not meeting analyst profit expectations for the quarter. The company posted a first-quarter profit of $296 million, higher than a year ago, but shy of what Wall Street analysts were expecting. Pilgrim's stock is still up more than 30% over the past 12 months. 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