Pilgrim’s Pride: Will Its Focus on European Operations Help Catalyze Growth?

Pilgrim’s Pride Corporation reported robust financial results for the fourth quarter and fiscal year 2024, with net revenues of $4.4 billion for the quarter and $17.9 billion for the full year. The company achieved an adjusted EBITDA of $526 million for Q4 and $2.2 billion for the year, with attributable margins of 12% and 12.4%, respectively. This performance reflects the company’s strategic focus on a diversified portfolio that takes advantage of market upsides and meets consumer demand through operational excellence.