Pilgrim’s Pride’s 2Q profit climbs 27 percent

GREELEY — Pilgrim’s Pride Corp. (Nasdaq: PPC) on Wednesday reported a 27 percent increase in profit for its second quarter that ended June 28 compared with the same quarter a year ago.

The Greeley-based operator of chicken-processing plants and prepared-foods facilities posted a profit of $241.5 million on $2.05 billion in sales for the quarter compared with a profit of $190.4 million on sales of $2.2 billion during the same quarter a year ago.

Income per share for the quarter was 93 cents compared with 73 cents for the same quarter a year ago.

Bill Lovette,…