Gold Kist GKIS

… quarter stemmed from a goodwill impairment associated with the Gold Kist acquisition and an income tax valuation allowance. Excluding ..... overpayment of an acquisition (the firm paid $21 per share for Gold Kist , which we valued at $13 per share at the time). If the …

… It has the weakest competitive position in terms of its exposure to low-margin foodservice contracts inherited from the Gold Kist acquisition, and it does not have a very strong presence in higher-margin prepared foods, like microwavable meals. It …

… portfolio is heavily concentrated in fresh poultry. It also inherited some less-than-favorable food-service contracts from Gold Kist , which is not only lower-margin in nature, but with many of the relationships contract-based, it has impaired the firm …

… is still heavily concentrated in fresh poultry, and it inherited some less-than-favorable food-service contracts from Gold Kist . Not only are these lower-margin, but many of them are contract-based, which we think will impair the firm's ability …

… Premium Standard Farms last year, which pushed its market share to 20%. Also, with the Pilgrim's Pride's acquisition of Gold Kist in 2006, 50% of the chicken industry is also controlled by two players. By acquiring Smithfield's beef assets, JBS will …

… industry. For the quarter, assuming Gold Kist was fully integrated through all of last ..... its losses from last year. Assuming Gold Kist was acquired before last year's first ..... service industry. With the acquisition of Gold Kist , Pilgrim's inherited many unfavorable …

… from the fourth quarter of last year. The company did not disclose gross profit growth on a comparable basis, but, assuming Gold Kist was acquired before last year's fourth quarter, Pilgrim's Pride's operating income of $110 million was a 297% year …

… mix, we think gross margins can expand to 8.9% longer term with annual gross profit growth staying around 5% once the Gold Kist acquisition is fully integrated. Even though the mix shift toward value-added products will enable the firm to earn higher …