Pilgrim’s Pride reports decline in revenue, profit for 2016

Facebook Twitter Google+ LinkedIn Email PrintGREELEY — Chicken-processing firm Pilgrim’s Pride Corp.’s revenue and profits were down in 2016 compared with 2015, according to an earnings statement released Wednesday. The Greeley-based firm’s profit for the year of $440.5 million was down 31.8 percent compared with $646 million posted in 2015. Revenue was also down for the year at $7.9 billion, compared with $8.2 billion in 2015, a 3 percent decline. For full-year 2016, adjusted earnings…