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Pilgrims Pride Corp (PPC.OQ)

PPC.OQ on NASDAQ Stock Exchange Global Select Market

18.61USD
21 Sep 2018
Change (% chg)

$-0.26 (-1.38%)
Prev Close
$18.87
Open
$18.75
Day's High
$18.85
Day's Low
$18.43
Volume
609,279
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381,976
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$38.39
52-wk Low
$16.30

Latest Key Developments (Source: Significant Developments)

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

Pilgrim’s acquires Moy Park for $1.3 billion
Monday, 11 Sep 2017 07:00am EDT 

Sept 11 (Reuters) - Pilgrims Pride Corp :Pilgrim’s acquires Moy Park for $1.3 billion (£1.0 billion).Pilgrims Pride Corp - ‍transaction expected to be immediately accretive to Pilgrim's EPS​.Pilgrims Pride Corp - ‍transaction was unanimously approved by a special committee of Pilgrim's board of directors​.Pilgrims Pride - ‍transaction values equity interest of Moy Park at about $1.0 billion.Pilgrims Pride Corp - ‍Pilgrim's expects to achieve approximately $50 million in annualized synergies over next two years​.Pilgrims Pride - ‍deal funded by a combination of co's cash on hand, existing credit facilities and a subordinated seller financing note ​.Pilgrims Pride - ‍special committee was advised independently and had been granted full authority over all aspects of transaction by board of directors​.Pilgrims Pride Corp - ‍Moy Park will operate as a business unit within Pilgrim's​.  Full Article

Pilgrim's Pride • Q2 GAAP earnings per share $0.94
Wednesday, 2 Aug 2017 04:15pm EDT 

Aug 2 (Reuters) - Pilgrims Pride Corp :Pilgrim's Pride reports operating income of $359 million and operating margin of 16.0% for the second quarter of 2017.Q2 sales $2.25 billion versus I/B/E/S view $2.24 billion.Q2 GAAP earnings per share $0.94.Q2 earnings per share view $0.83 -- Thomson Reuters I/B/E/S.  Full Article

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