OverviewSuggest Edit

Pilgrim's (also known as Pilgrim's Pride Corporation) is a company engaged in the production, processing, marketing, and distribution of meat products. It operates growers, feed mills, hatcheries, processing plants, prepared foods cook plants, distribution centers, rendering facilities, and pet food plants and provides fresh, frozen, and value-added chicken and pork products. The company serves restaurants, food processors, broad-line distributors, grocery store chains, wholesale clubs, and other retail distributors.
TypePublic
Founded1946
HQGreeley, CO, US
Websitepilgrims.com
Employee Ratings3.3

Latest Updates

Employees (est.) (Mar 2020)58,600
Revenue (FY, 2020)$12.1 B(+6%)
Share Price (Sept 2021)$28
Cybersecurity ratingCMore

Key People/Management at Pilgrim's

Fabio Sandri

Fabio Sandri

President and Global Chief Executive Officer
Charles von der Heyde

Charles von der Heyde

President, Pilgrim's Mexico
Andrew Cracknell

Andrew Cracknell

Chief Executive Officer, Pilgrim's Pride Ltd.
Kendra Waldbusser

Kendra Waldbusser

Head of Food Safety and Quality Assurance
Joe Waldbusser

Joe Waldbusser

Head of Commodity Risk Management and Feed Ingredient Purchasing
Randy Stroud

Randy Stroud

Head of Global Live Support
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Pilgrim's Office Locations

Pilgrim's has offices in Greeley, Ciudad de México and Portadown
Greeley, CO, US (HQ)
1770 Promontory Cir
Ciudad de México, MX
o, Av. Insurgentes Sur 1602, Crédito Constructor, Benito Juárez
Portadown, GB
Food Park, 39 Seagoe Office
Show all (3)

Pilgrim's Financials and Metrics

Pilgrim's Revenue

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Pilgrim's's revenue was reported to be $12.09 b in FY, 2020
USD

Revenue (Q1, 2021)

3.3b

Gross profit (Q1, 2021)

261.2m

Gross profit margin (Q1, 2021), %

8%

Net income (Q1, 2021)

100.5m

EBIT (Q1, 2021)

158.5m

Market capitalization (8-Sept-2021)

6.8b

Closing stock price (8-Sept-2021)

28.0

Cash (28-Mar-2021)

367.0m

EV

8.8b
Pilgrim's's current market capitalization is $6.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

7.5b8.1b8.4b8.6b8.2b7.9b10.8b10.9b11.4b12.1b

Revenue growth, %

2%(5%)(3%)

Cost of goods sold

7.7b7.7b7.6b7.2b6.9b7.0b9.3b10.1b10.3b11.3b

Gross profit

(141.5m)435.8m845.4m1.4b1.3b914.4m1.5b843.5m1.1b838.2m
USDQ2, 2011

Debt/Equity

1.8 x

Debt/Assets

0.5 x

Financial Leverage

3.8 x
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Pilgrim's Acquisitions / Subsidiaries

Company NameDateDeal Size
Moy ParkSeptember 11, 2017$1.3 b

Pilgrim's Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Pilgrim's Online and Social Media Presence

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Pilgrim's News and Updates

Pilgrim's Pride Announces Offering of Senior Unsecured Notes

GREELEY, Colo., Aug. 19, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) (the “Company”) announced today that it is offering, subject to market conditions, up to $750.0 million in aggregate principal amount of senior unsecured notes (the "Notes"). Each of the Company's domestic …

Pilgrim's Pride to buy U.K. and Ireland's Kerry's prepared meals business

Pilgrim's Pride Corp. said late Thursday it has agreed to buy the meats and meals business of Kerry Consumer Foods in the U.K. and Ireland for an undisclosed amount. Following the deal, Pilgrim's "will be a leading food company, with a significant value-added protein and integrated prepared foods …

JBS USA and Pilgrim's Anticipate Global Operations at Near Full Capacity

GREELEY, Colo., June 02, 2021 (GLOBE NEWSWIRE) -- Today, JBS USA and Pilgrim's announced they are on schedule to resume production at all of their facilities on Thursday. The company’s rapid recovery from the cyberattack continued today, providing further assurance to more than 100,000 JBS USA and…

JBS USA and Pilgrim's Announce Progress in Resolving Cyberattack

GREELEY, Colo., June 01, 2021 (GLOBE NEWSWIRE) -- Today, JBS USA and Pilgrim's announced significant progress in resolving the cyberattack that has impacted the company’s operations in North America and Australia. Operations in Mexico and the UK were not impacted and are conducting business as nor…

McDonald's will pursue damages from Tyson and Pilgrim's Pride in chicken price-fixing scandal

Summary List PlacementMcDonald's is seeking damages after a chicken price-fixing scandal rocked the world of fast food, according to an internal memo obtained by Insider. On Tuesday, the fast-food giant told franchisees it had informed Tyson and Pilgrim's Pride, which is owned by meat-industry gia…

Pilgrim's Pride to Host Annual Meeting of Shareholders on April 28, 2021

GREELEY, Colo., Feb. 26, 2021 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation (NASDAQ: PPC) will host its annual meeting of shareholders on Wednesday, April 28, 2021, at 8 a.m. Mountain / 10 a.m. Eastern. This meeting, which will include a review of fiscal year 2020 and other business as may be pr…
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Pilgrim's Frequently Asked Questions

  • When was Pilgrim's founded?

    Pilgrim's was founded in 1946.

  • Who are Pilgrim's key executives?

    Pilgrim's's key executives are Fabio Sandri, Charles von der Heyde and Andrew Cracknell.

  • How many employees does Pilgrim's have?

    Pilgrim's has 58,600 employees.

  • What is Pilgrim's revenue?

    Latest Pilgrim's annual revenue is $12.1 b.

  • What is Pilgrim's revenue per employee?

    Latest Pilgrim's revenue per employee is $206.3 k.

  • Who are Pilgrim's competitors?

    Competitors of Pilgrim's include Smithfield, Tyson Foods and Perdue Farms.

  • Where is Pilgrim's headquarters?

    Pilgrim's headquarters is located at 1770 Promontory Cir, Greeley.

  • Where are Pilgrim's offices?

    Pilgrim's has offices in Greeley, Ciudad de México and Portadown.

  • How many offices does Pilgrim's have?

    Pilgrim's has 3 offices.