Description
Pilgrim’s Pride Corporation: Initiation Of Coverage – What Is The Core Business Strategy Of This Meat & Poultry Giant?
Pilgrim’s Pride Corporation reported a robust financial performance for the second quarter of 2024, with net
revenues increasing to $4.6 billion, a rise of 5.8% over the previous year. The adjusted EBITDA significantly
improved to $656 million, marking a 164% increase from Q2 2023, with margins expanding to 14.4% compared
to 5.8% last year. These results reflect the company’s strategic positioning and initiatives aimed at capturing
market upside and mitigating risks associated with market volatility.
Our Report Structure:
⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures
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