Pilgrims Pride Corp

PPC: XNAS (USA)
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Pilgrim’s Pride Earnings: Another Healthy Quarter as Chicken Remains Strong; Shares Pricey

Market conditions for chicken remained favorable for Pilgrim's Pride in its fourth quarter. Although sales declined 3.5% over the prior-year quarter, adjusted EBITDA margin expanded 5.2 percentage points to 12%—the third consecutive quarter of double-digit margins.

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