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Pilgrim’s Pride reports Q1 adjusted EPS 51c, consensus 65c

Reports Q1 revenue $4.5B, consensus $4.41B. “During the quarter, chicken demand continued to be healthy across all regions,” said Fabio Sandri, Pilgrim’s President and CEO. “Overall business fundamentals remained positive given chicken’s affordability, consumer momentum in retail and foodservice, and ample grain supplies. Equally important, we made significant progress on our growth and portfolio projects, reinforcing the foundation for a more resilient earnings profile.”

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