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Mar 31, 2024
Pilgrim's Pride Q1 2024 Earnings Report
Pilgrim's Pride's Q1 2024 results were reported with net sales of $4.4 billion and operating income of $250.3 million.
Key Takeaways
Pilgrim's Pride reported strong first quarter 2024 results, with net sales reaching $4.4 billion and operating income of $250.3 million. The company saw improvements across its U.S., Europe, and Mexico segments, driven by key customer partnerships, branded offerings, and operational excellence.
Net sales reached $4.4 billion.
Operating income was $250.3 million.
GAAP EPS was reported at $0.73, while adjusted EPS was $0.77.
Adjusted EBITDA stood at $371.9 million, with a margin of 8.5%.
Pilgrim's Pride
Pilgrim's Pride
Pilgrim's Pride Revenue by Geographic Location
Forward Guidance
Pilgrim’s Pride did not provide specific forward guidance in the earnings report. The report focuses on the results and strategies implemented during the first quarter of 2024.
Revenue & Expenses
Visualization of income flow from segment revenue to net income