Pilgrim's Pride 3Q Sales Rise on Demand for Chicken

Dow Jones10-30

By Kelly Cloonan

Pilgrim's Pride logged a lower profit despite higher sales in its latest quarter as consumers continued to choose chicken over more expensive sources of protein.

The chicken and pork producer posted a profit of $342.8 million, or $1.44 a share, compared with $349.9 million, or $1.47 a share, a year earlier.

Adjusted earnings per share were $1.52, ahead of estimates of $1.40 a share according to analysts polled by FactSet.

Revenue rose 3.8% to $4.76 billion. Analysts expected $4.70 billion.

Demand for chicken remained robust across retail and foodservice during the quarter, given strong value compared to other proteins, Chief Executive Fabio Sandri said.

In the U.S., the company's fresh foods segments benefited from demand for its case ready and small bird offerings from key retail and quick-service restaurant customers. Its prepared foods unit in the U.S., meanwhile, continued to expand across retail and food service with sales up 25% from a year ago, the company said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

October 29, 2025 16:52 ET (20:52 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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