Pilgrim's Pride returning to profitability

by FoodBusinessNews.net Staff
Share This:

PITTSBURG, TEXAS — For the first two months of its fiscal third quarter, Pilgrim’s Pride Corp. has reported a profit despite being under bankruptcy protection.

For the two months ended May 23, the company posted a profit of $30,663,365, which breaks down to an income of $16,741,881 in May and $13,921,485 in April.

Net revenue for the two months was $1,041,471,180.

Comment on this Article
We welcome your thoughtful comments. Please comply with our Community rules.



The views expressed in the comments section of Food Business News do not reflect those of Food Business News or its parent company, Sosland Publishing Co., Kansas City, Mo. Concern regarding a specific comment may be registered with the Editor by clicking the Report Abuse link.