Banking & Finance  October 29, 2014

Pilgrim’s Pride reports improved third-quarter results

GREELEY — Chicken producer Pilgrim’s Pride Corp. (Nasdaq: PPC) Wednesday reported nets sales of $2.3 billion for its third quarter, up from $2.1 billion recorded during the same quarter a year ago.

Greeley-based Pilgrim’s Pride recorded net income of $256 million, or 99 cents per share, compared with $160 million and 62 cents per share for the same period a year ago.

“Our third quarter results reflect the discipline that Pilgrim’s has demonstrated in managing the variables within our control as well as the strength we’ve seen in the chicken markets,” Bill Lovette, Pilgrim’s chief executive, said in a prepared statement.

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A conference call to discuss Pilgrim’s quarterly results will be held at 7 a.m., Thursday, Oct. 30. Participants are encouraged to pre-register for the conference call using the link http://services.choruscall.com/links/ppc141030.html. Callers who pre-register will be given a unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time.

 

 

GREELEY — Chicken producer Pilgrim’s Pride Corp. (Nasdaq: PPC) Wednesday reported nets sales of $2.3 billion for its third quarter, up from $2.1 billion recorded during the same quarter a year ago.

Greeley-based Pilgrim’s Pride recorded net income of $256 million, or 99 cents per share, compared with $160 million and 62 cents per share for the same period a year ago.

“Our third quarter results reflect the discipline that Pilgrim’s has demonstrated in managing the variables within our control as well as the strength we’ve seen in the chicken markets,” Bill Lovette, Pilgrim’s chief executive, said in a prepared statement.

A conference…

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