Pilgrims Pride Corp
PPC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.nWNYB? | LOCK|!K? | LOCK|>Hl^z& |
Pilgrim’s Pride Earnings: Strong Results Continue Amid Healthy Chicken Markets but Shares Pricey
Chicken markets continue to enjoy strong end-market demand, stable operating conditions, and input costs, and benefit from high beef prices due to low cattle supply. As a result, Pilgrim's Pride's sales rose 4.3% over the prior-year quarter, although its adjusted EBITDA margin was flat at 14.4%.
