Pilgrim’s Pride Playbook: The Smart Moves That Are Turning Chicken into a Cash Machine!

Pilgrim’s Pride reported third-quarter results demonstrating both strategic strengths and ongoing challenges. With net revenues totaling $4.76 billion, a slight increase from $4.58 billion the previous year, the company showcased its ability to manage volatility in the commodity markets while aiming to drive growth across different business segments. Adjusted EBITDA was reported at $633.1 million with a margin of 13.3%; however, this was a decrease compared to $660.4 million and a 14.4% margin in the same quarter of the previous year. In the U.S. market, Pilgrim’s Pride leveraged its diversified portfolio well. The company continued to capture upsides in the commodity market, exemplified by strong performances in segments like Case Ready and Prepared Foods, whose sales and distribution expanded significantly. Specifically, Case Ready achieved notable profitability through key customer relationships.