Pilgrim's Pride puts fiscal 2Q in record books

April 25, 2005
Pilgrim’s Pride reported record net income of $56.4 million for the second fiscal quarter ended April 2, 2005.

Pilgrim’s Pride reported record net income of $56.4 million for the second fiscal quarter ended April 2, 2005, an increase of $23.4 million, or 71%, compared with net income of $33.0 million in the second quarter ended April 3, 2004.

The Pittsburg TX-based poultry producer also reported net sales of $1.375 billion for the 2005 second fiscal quarter, a slight decrease versus net sales of $1.385 billion for the same period a year earlier.

For the six months ended April 2, 2005, Pilgrim’s Pride reported net income surged 142.6% to $104.9 million, a gain of $61.7 million compared with net income of $43.2 million for the six months ended April 3, 2004. The company also reported net sales of $2.744 billion for the first six months of fiscal 2005, an increase of $315 million versus net sales of $2.429 billion for the same period a year ago.

About the Author

from staff and wire reports

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Leveraging telematics to get the most from insurance

Fleet owners are quickly adopting telematics as part of their risk mitigation strategy. Here’s why.

Reliable EV Charging Solution for Last-Mile Delivery Fleets

Selecting the right EV charging infrastructure and the right partner to best solve your needs are critical. Learn which solution PepsiCo is choosing to power their fleet and help...

Overcoming Common Roadblocks Associated with Fleet Electrification at Scale

Fleets in the United States, are increasingly transitioning from internal combustion engine vehicles to electric vehicles. While this shift presents challenges, there are strategies...

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...