P

Pilgrim's Pride Corp
D

PPC

52.240
USD
0.00
(0.00%)
Market Closed
Volume
24,020
EPS
4
Div Yield
-
P/E
16
Market Cap
12,387,309,490
Related Instruments
News

Title: Pilgrim's Pride Corp

Sector: Consumer Defensive
Industry: Packaged Foods
Pilgrim's Pride is the second-largest poultry producer in the US (58% of 2023 sales), the UK (30% including other European sales), and Mexico (12%). Its UK and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. most of its US and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its UK and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.