Home / Top News / Pilgrim’s Pride Reports Q1 Net Sales of $3.27 billion, Operating Income of $158.5 million and GAAP EPS of $0.41
Pilgrim’s Pride Reports Q1 Net Sales of $3.27 billion, Operating Income of $158.5 million and GAAP EPS of $0.41
GREELEY, Colo., April 28, 2021 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) reports first quarter 2021 financial results.
First Quarter Highlights
Net Sales of $3.27 billion.
GAAP Net Income of $100.2 million. Adjusted Net Income of $103.0 million or adjusted EPS of $0.42.
Consolidated Operating Income margin of 4.8% with Operating Income margins of 3.4% in U.S., 19.0% in Mexico and 1.2% in Europe.
Adjusted EBITDA of $253.8 million, or a 7.8% margin, 53.4% higher than a year ago.