Pilgrim's Pride Logs 2Q Beat as Consumers Look for Cheap Meat

Dow Jones

Jul 31, 2025

By Katherine Hamilton

Pilgrim's Pride beat Wall Street expectations in the second quarter as consumers favored chicken as an affordable source of protein.

The chicken and pork producer on Wednesday posted a profit of $355.5 million, or $1.49 a share, in the second quarter, compared with $326.3 million, or $1.37 a share, a year earlier.

Stripping out certain one-time items, adjusted per-share earnings were $1.70, ahead of the $1.57 forecast by analysts, according to FactSet.

Revenue rose 4% to $4.76 billion. Analysts surveyed by FactSet forecast revenue of $4.62 billion.

The company's U.S. business had an increase in sales and profitability. Its fresh segment benefited from higher commodity cutout values, while its small bird business had strong demand from quick-serve restaurants.

"The relative availability and affordability of chicken compared to other proteins continues to resonate among consumers," Chief Executive Fabio Sandri said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

July 30, 2025 17:35 ET (21:35 GMT)

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