Edition:
United States

Pilgrims Pride Corp (PPC.O)

PPC.O on Nasdaq

25.18USD
25 Jun 2019
Change (% chg)

-- (--)
Prev Close
$25.18
Open
--
Day's High
--
Day's Low
--
Volume
--
Avg. Vol
1,106,669
52-wk High
$29.32
52-wk Low
$14.83

Latest Key Developments (Source: Significant Developments)

Pilgrim's Pride Q1 Adjusted Earnings Per Share $0.35
Wednesday, 1 May 2019 04:50pm EDT 

May 1 (Reuters) - Pilgrims Pride Corp ::PILGRIM’S PRIDE REPORTS Q1 NET SALES OF $2.72 BILLION, OPERATING INCOME OF $137 MILLION AND GAAP EPS OF $0.34.Q1 SALES $2.72 BILLION VERSUS REFINITIV IBES ESTIMATE OF $2.74 BILLION.Q1 ADJUSTED EARNINGS PER SHARE $0.35.Q1 EARNINGS PER SHARE ESTIMATE $0.35 -- REFINITIV IBES DATA.IN-LINE WITH INDUSTRY, EUROPE CONTINUED TO BE IMPACTED BY A SUBSTANTIAL INCREASE IN INPUT COSTS DURING QUARTER.WEAKER THAN SEASONAL MARKETS IN MEXICO IMPACTED Q1 RESULTS BUT CONDITIONS ARE ALREADY IMPROVING IN Q2.PILGRIMS PRIDE - SIGNIFICANT SEQUENTIAL REBOUND IN U.S. OPERATIONS IN Q1 VERSUS Q4, DRIVEN BY STRONGER MARKETS AS FEATURE ACTIVITIES TRACKED MUCH CLOSER TO SEASONALITY.AFTER A VERY CHALLENGING MARKET IN 2018, WE EXPERIENCED A MUCH BETTER ENVIRONMENT WITHIN OUR U.S. OPERATIONS DURING Q1.  Full Article

Jayson Penn To Succeed Bill Lovette As Global CEO Of Pilgrim’S Pride
Friday, 22 Mar 2019 09:32am EDT 

March 22 (Reuters) - Pilgrims Pride Corp ::JAYSON PENN TO SUCCEED BILL LOVETTE AS GLOBAL CEO OF PILGRIM’S PRIDE.PILGRIMS PRIDE CORP - LOVETTE WILL REMAIN AVAILABLE TO PROVIDE STRATEGIC ADVISORY SERVICES TO COMPANY THROUGH JULY 2020..  Full Article

Pilgrims Pride Says Moy Park, A Unit Of Co & Some Of Moy Park'S Units Entered An Unsecured Multicurrency Revolving Facility Agreement
Tuesday, 12 Jun 2018 06:19am EDT 

June 12 (Reuters) - Pilgrims Pride Corp ::PILGRIMS PRIDE - ON JUNE 2, MOY PARK , A UNIT OF CO & SOME OF MOY PARK’S UNITS ENTERED AN UNSECURED MULTICURRENCY REVOLVING FACILITY AGREEMENT.PILGRIMS PRIDE CORP - THE FACILITY AGREEMENT PROVIDES FOR A MULTICURRENCY REVOLVING LOAN COMMITMENT OF UP TO £100.0 MILLION - SEC FILING.PILGRIMS PRIDE CORP - THE MULTICURRENCY REVOLVING LOAN COMMITMENT UNDER THE FACILITY AGREEMENT MATURES ON JUNE 2, 2023.  Full Article

Moy Park (Bondco) PLC Announces That It Has Launched A Tender Offer And Consent Solicitation For Its 6.25% Senior Notes Due 2021
Wednesday, 21 Feb 2018 07:14pm EST 

Feb 21 (Reuters) - Pilgrims Pride Corp ::MOY PARK (BONDCO) PLC ANNOUNCES THAT IT HAS LAUNCHED A TENDER OFFER AND CONSENT SOLICITATION FOR ITS 6.25% SENIOR NOTES DUE 2021.  Full Article

Pilgrim's Pride Upsizes And Prices Senior Unsecured Notes Offering
Wednesday, 21 Feb 2018 07:13pm EST 

Feb 21 (Reuters) - Pilgrims Pride Corp ::PILGRIM'S PRIDE UPSIZES AND PRICES ITS SENIOR UNSECURED NOTES OFFERING.‍ANNOUNCED PRICING OF TWO SERIES OF SENIOR UNSECURED NOTES FOR AN AGGREGATE PRINCIPAL AMOUNT OF $500.0 MILLION​.‍AGGREGATE PRINCIPAL AMOUNT OF NOTES OFFERED WAS UPSIZED FROM US$400.0 MILLION​.  Full Article

Pilgrim's Pride Announces Offering Of Senior Unsecured Notes
Wednesday, 21 Feb 2018 07:19am EST 

Feb 21 (Reuters) - Pilgrims Pride Corp ::PILGRIM’S PRIDE ANNOUNCES OFFERING OF SENIOR UNSECURED NOTES.PILGRIMS PRIDE - OFFERING UP TO $400.0 MILLION OF SENIOR UNSECURED NOTES.  Full Article

Pilgrims Pride Reports Q4 GAAP EPS Of $0.54
Wednesday, 14 Feb 2018 09:14pm EST 

Feb 14 (Reuters) - Pilgrims Pride Corp ::PILGRIM’S PRIDE ENDS FISCAL YEAR 2017 WITH NET SALES OF $10.77 BILLION, OPERATING INCOME OF 10% AND RECORD GAAP EPS OF $2.79.Q4 GAAP EARNINGS PER SHARE $0.54.QTRLY NET SALES OF $2.74 BILLION VERSUS $2.37 BILLION.  Full Article

Pilgrim's Pride reports Q3 adj EPS $0.98
Tuesday, 7 Nov 2017 09:55pm EST 

Nov 7 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride reports operating income of $372 million and GAAP EPS of $0.93 for the third quarter of 2017.Q3 sales $2.79 billion versus I/B/E/S view $2.3 billion.Q3 adjusted earnings per share $0.98.Q3 earnings per share view $0.78 -- Thomson Reuters I/B/E/S.  Full Article

Pilgrims Pride Corp to close processing facility in Luverne
Tuesday, 24 Oct 2017 04:50pm EDT 

Oct 25 (Reuters) - Pilgrims Pride Corp :Pilgrim’s to close processing facility in Luverne; improved efficiencies and synergy enhancement cited.Pilgrims Pride Corp - ‍decision to close facility will allow Pilgrim's to shift production and equipment to more efficient operations​.Pilgrims Pride Corp - ‍will close its Luverne, minn., poultry processing facility, which employs approximately 200 people, effective December 29, 2017​.Pilgrims Pride Corp - ‍facility closure will have no impact on company's overall production capacity​.  Full Article

Pilgrim's Pride prices senior unsecured notes offering
Tuesday, 26 Sep 2017 06:42pm EDT 

Sept 26 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride prices $850.0 million senior unsecured notes offering.These notes consist of $250.0 million aggregate principal amount of additional 5.750% senior unsecured notes due 2025.Notes also consist of $600.0 million aggregate principal amount of 5.875% senior unsecured notes due 2027.  Full Article

Photo

U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals

The U.S. Department of Justice has begun a criminal probe into allegations that Tyson Foods Inc and other poultry processors including Pilgrim's Pride Corp and Sanderson Farms Inc colluded to fix poultry prices, court documents show.