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Dec 27, 2020
Pilgrim's Pride Q4 2020 Earnings Report
Pilgrim's Pride experienced a volatile and challenging year due to Covid-19, but achieved increased relative performance compared to the previous year and industry competition.
Key Takeaways
Pilgrim's Pride reported Q4 net sales of $3.1 billion and net income of $0.1 million. The company's operating performance in the U.S. remained resilient, driven by partnerships with Key Customers and focus on execution. Mexican operations rebounded strongly in the second half, delivering great results in Q4. European operations produced an EBITDA that was 6% higher than the previous year.
Net Sales of $3.1 billion.
Net GAAP Income of $0.1 million.
Adjusted Consolidated Operating Income margins of 3.7%.
Adjusted EBITDA of $205.4 million, or a 6.6% margin, 27% higher than last year.
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 Q4 2020 earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income