| Date | Title | | | 12/13/11 | Pilgrim's Pride Corporation Extends Deadline for Exchange Offer of Senior Notes| GREELEY, Colo., Dec. 13, 2011 (GLOBE NEWSWIRE) -- Pilgrim's Pride Corporation today announced that it has extended the expiration date of its registered exchange offer to 5:00 p.m., New York City time, on December 15, 2011. The exchange offer is an offer to exchange $500,000,000 aggregate principal amount of its 7.875% Senior Notes due 2018 (collectively with the guarantees thereof, the "Outstanding Notes") for $500,000,000 aggregate principal amount of its 7.875% Senior Notes due 2018 that have... |
|  | | 12/08/11 | Pilgrim's Pride Announces Proposed Rights Offering| GREELEY, Colo., Dec 8, 2011 (GlobeNewswire via COMTEX) -- Pilgrim's Pride Corporation (NYSE:PPC) today announced that, in line with its strategic intent of strengthening its capital structure, it plans to commence a rights offering for up to approximately 44.44 million shares of common stock to its stockholders.
Under the expected rights offering, each stockholder of record would receive, at no charge, non-transferable rights to purchase shares of Pilgrim's Pride common stock at a subscription... |
| | | 10/28/11 | Pilgrim's Pride Reports Financial Results for Third Quarter of Fiscal 2011| GREELEY, Colo., Oct 28, 2011 (GlobeNewswire via COMTEX) --
Pilgrim's Pride Corporation (NYSE:PPC) today reported a net loss of $162.5 million, or $0.76 per share, on net sales of $1.9 billion for the third quarter ended September 25, 2011. For the comparable quarter a year ago, the company reported net earnings of $57.9 million, or $0.27 per share, on total sales of $1.7 billion.
Bill Lovette, Chief Executive Officer of Pilgrim's Pride, commented on the results, stating, "The quarter resul... |
| | | 10/07/11 | Pilgrim's Pride to Webcast Third-Quarter Conference Call With Investors on October 28, 2011| GREELEY, Colo., Oct 7, 2011 (GlobeNewswire via COMTEX) --
Pilgrim's Pride Corporation (NYSE:PPC) announced today that it will host its third-quarter 2011 earnings conference call on Friday, October 28, 2011 at 9:30 a.m. MDT (11:30 a.m. EDT). Our management team will comment on Pilgrim's financial and operational results for the third quarter ended September 25, 2011.
We encourage participants to join us for the live webcast by logging in through the investor section of our website at www.p... |
| | | 09/23/11 | Pilgrim's Douglas Complex Named Employer of the Year by Georgia Dept. of Labor| DOUGLAS, Ga., Sep 23, 2011 (GlobeNewswire via COMTEX) -- Pilgrim's Pride (NYSE:PPC) has a new reason to be proud of its operations in Georgia this year: The Georgia Department of Labor-Vocational Rehabilitation Program has selected the Pilgrim's Douglas complex as its Employer of the Year for 2011.
At a luncheon ceremony on Wednesday, September 21, Pilgrim's was recognized for its collaboration with Vocational Rehabilitation and the Valdosta Transition Center (VTC), and for its accommodation... |
| | | 07/29/11 | Pilgrim's Pride to Close Dallas Processing Facility by Late September as Part of Ongoing Efficiency Plan| GREELEY, Colo., July 29, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced plans to close its chicken-processing plant in Dallas, Texas, within 60 days as part of its continuing effort to reduce costs and operate more efficiently.
The Dallas plant is scheduled to close by September 30, 2011. Production from the Dallas plant will be consolidated into several other Pilgrim's facilities in the region, including the processing and prepared-foods plants in ... |
| | | 07/29/11 | Pilgrim's Pride Reports Financial Results for Second Quarter of Fiscal 2011| GREELEY, Colo., July 29, 2011 /PRNewswire via COMTEX/ --Pilgrim's Pride Corporation (NYSE: PPC) today reported a net loss of $128.1 million, or $0.60 per share, on net sales of $1.9 billion for the second quarter ended June 26, 2011. For the comparable quarter a year ago, the company reported net earnings of $32.9 million, or $0.15 per share, on total sales of $1.7 billion.
"Our second-quarter financial results reflect the significant challenges facing our industry this year from the combi... |
| | | 07/26/11 | Pilgrim's Expands Voluntary Recall on Ready-to-Eat Chicken Products Due to Potential Listeria Contamination| GREELEY, Colo., July 26, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced it is expanding last week's voluntary recall of ready-to-eat chicken products due to potential contamination from Listeria Monocytogenes.
The expanded recall involves approximately 7,072 pounds of Pilgrim's Pride Brand Fully Cooked Chicken Breast Nuggets that were shipped to 57 Dollar General stores in the following states: West Virginia, Tennessee, Virginia, Ohio, Kentucky, Indi... |
| | | 07/20/11 | Pilgrim's Announces Voluntary Recall on Ready-to-Eat Chicken Products Due to Potential Listeria Contamination| GREELEY, Colo., July 20, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced it is voluntarily recalling two products from foodservice distributors due to potential contamination from Listeria Monocytogenes. Neither of the products were shipped directly to grocery stores.
The first product being recalled is 390 pounds of Fully Cooked Grilled Chicken Breast Fillets with Rib Meat distributed through a foodservice distribution center in Columbus, OH, in 30-p... |
| | | 07/06/11 | Pilgrim's Pride to Webcast Second-Quarter Conference Call With Investors on July 29, 2011| GREELEY, Colo., July 6, 2011 /PRNewswire via COMTEX/ -- Pilgrim's Pride Corporation (NYSE: PPC) will host a conference call with investors on Friday, July 29, 2011, at 9 a.m. Mountain (11 a.m. Eastern) to discuss financial results for the second quarter of fiscal 2011.
The presentation will be broadcast live over the Internet at http://www.videonewswire.com/event.asp?id=80734. (Please copy and paste the link into the browser.) To listen live via telephone, call toll-free 800-441-0022, passco... |
| | | 06/24/11 | Pilgrim's Pride Announces Agreement With Bank Group to Amend Loan Covenants| GREELEY, Colo., June 24, 2011 /PRNewswire via COMTEX/ -- Pilgrim's Pride Corporation (NYSE: PPC) announced that it has completed an agreement with its bank group to amend the financial covenants in its credit facility, effective yesterday.
The amendment suspends the existing fixed-charge coverage covenant and the senior secured debt covenant until the fourth quarter of fiscal 2012. The amendment also sets certain financial covenant levels at terms more favorable to the company. Following the... |
| | | 06/13/11 | Pilgrim's Pride to Participate in Jefferies & Co. 2011 Global Consumer Conference on June 21| GREELEY, Colo., June 13, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced that it will participate in the Jefferies & Co. 2011 Global Consumer Conference on Tuesday, June 21, 2011 in Nantucket, MA. Bill Lovette, Pilgrim's president and chief executive officer, will address investors beginning at approximately 2:20 p.m. Eastern. An audio version of the presentation will be broadcast live over the Internet at the following link: http://www.wsw.com/webca... |
| | | 06/03/11 | Pilgrim's Pride Appoints Fabio Sandri as Chief Financial Officer| GREELEY, Colo., June 3, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced that it has appointed Fabio Sandri as chief financial officer of the company, effective immediately. Mr. Sandri succeeds Gary D. Tucker, 62, who has announced his retirement after eight years with the company, most recently as principal financial officer and chief accounting officer.
Mr. Sandri, 39, previously served as chief financial officer of Estacio Participacoes, the larges... |
| | | 05/10/11 | Pilgrim's Pride to Participate in BMO Capital Markets 2011 Farm to Market Conference| GREELEY, Colo., May 10, 2011 /PRNewswire via COMTEX/ -- Pilgrim's Pride Corporation (NYSE: PPC) today announced that it will participate in the BMO Capital Markets Farm to Market Conference in New York City on Tuesday, May 17, 2011. Bill Lovette, Pilgrim's president and chief executive officer, will address investors beginning at approximately 10 a.m. Eastern. The presentation will be broadcast live over the Internet at the following link: http://www.bmocm.com/conferences/farmtomarket2011/webcas... |
| | | 04/29/11 | Pilgrim's Pride Reports Financial Results for First Quarter of Fiscal 2011| GREELEY, Colo., April 29, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today reported a net loss of $120.8 million, or $0.56 per share, on net sales of $1.9 billion for the first quarter ended March 27, 2011. For the comparable quarter a year ago, the company reported a net loss of $45.5 million, or $0.21 per diluted share, on total sales of $1.6 billion.
"While this quarter is historically the weakest due to lower demand at this time of year, we encountered unusu... |
| | | 04/11/11 | Pilgrim's Pride to Webcast First-Quarter Conference Call With Investors on April 29, 2011| GREELEY, Colo., April 11, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) will host a conference call with investors on Friday, April 29, 2011, at 9 a.m. Eastern to discuss financial results for the first quarter of fiscal 2011.
The presentation will be broadcast live over the Internet at http://www.videonewswire.com/event.asp?id=78329. (Please copy and paste the link into the browser.) To listen live via telephone, call toll-free 800-967-7188, passcode 2677083. Int... |
| | | 03/24/11 | Pilgrim's Pride to Present at J.P. Morgan Global Protein Conference| GREELEY, Colo., March 24, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced that it will participate in the J.P. Morgan Global Protein Conference on March 30, 2011. Bill Lovette, Pilgrim's president and chief executive officer, will address investors beginning at approximately 9:45 a.m. Eastern. The presentation will be broadcast live over the Internet at the following link: http://cc.talkpoint.com/jpmc001/033011a_mg/?entity=3_I5PJBXO
The presentation w... |
| | | 03/14/11 | Pilgrim's Pride to Participate in Barclays Capital High Yield Bond and Syndicated Loan Conference| GREELEY, Colo., March 14, 2011 /PRNewswire via COMTEX/ -- Pilgrim's Pride Corporation (NYSE: PPC) today announced that it will participate in the Barclays Capital High Yield Bond and Syndicated Loan Conference in Orlando, FL, on Thursday, March 24, 2011. Bill Lovette, Pilgrim's president and chief executive officer, will address investors beginning at approximately 4:05 p.m. Eastern. The presentation will be broadcast live over the Internet at the following link: http://cc.talkpoint.com/barc002/... |
| | | 02/14/11 | Pilgrim's Pride to Host Annual Meeting of Shareholders on April 29, 2011| GREELEY, Colo., Feb. 14, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today announced that it will host an annual meeting of shareholders on Friday, April 29, 2011, at 11 a.m. Eastern. The meeting, which will include a review of fiscal 2010 and other business as may be properly brought before the meeting, will take place in New York at a site to be announced soon.
About Pilgrim's Pride
Pilgrim's employs approximately 42,000 people and operates chicken processing... |
| | | 02/11/11 | Pilgrim's Pride Reports Financial Results for Fourth Quarter of Fiscal 2010| Sales Increase 13%, Net Income Rises 24% and Adjusted EBITDA Climbs 92% Compared to Year-Ago Period
GREELEY, Colo., Feb. 11, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) today reported net earnings of $41.8 million, or $0.20 per share, on net sales of $1.8 billion for the fourth quarter ended December 26, 2010. For the comparable quarter a year ago, the company reported net earnings of $33.6 million, or $0.44 per diluted share, on total sales of $1.6 billion. Pilgri... |
| | | 02/02/11 | Three Pilgrim's Contract Growers Receive Family Farm Environmental Excellence Awards From U.S. Poultry & Egg Association| For the First Time in Award History, Three of Six Regional Winners Grow for Same Company
GREELEY, Colo., Feb. 2, 2011 /PRNewswire via COMTEX/ --
Three contract growers for Pilgrim's Pride Corporation (NYSE: PPC) were honored last week by the U.S. Poultry & Egg Association for environmental excellence at their family-owned farms. The awards were presented at the annual International Poultry Exposition show in Atlanta. It marks the first time in the history of the award that three regional... |
| | | 01/19/11 | Pilgrim's Pride Files Employment Agreement With William Lovette With SEC| GREELEY, Colo., Jan. 19, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) yesterday filed a Form 8-K with the Securities and Exchange Commission outlining the company's employment agreement and restricted stock agreement with William W. Lovette, who joined Pilgrim's as president and chief executive office on January 3, 2011 (the "Effective Date").
The terms of the agreements, which were signed January 14, 2011, provide for, among other things:
Annual base salar... |
| | | 01/18/11 | Pilgrim's Pride Launches New Consumer-Friendly Website as Part of Rebranding Campaign| GREELEY, Colo., Jan. 18, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) has introduced a redesigned, consumer-friendly website featuring an expanded recipe section from some of America's best chefs, valuable coupons and updated information about the second-largest chicken company in the U.S.
The new website (http://www.pilgrims.com/) is the latest phase of Pilgrim's ongoing rebranding campaign. Last fall Pilgrim's introduced new consumer packaging on its case-ready... |
| | | 01/17/11 | Pilgrim's Pride to Webcast Fourth-Quarter Conference Call With Investors on February 11, 2011| GREELEY, Colo., Jan. 17, 2011 /PRNewswire via COMTEX/ --
Pilgrim's Pride Corporation (NYSE: PPC) will host a conference call with investors on Friday, February 11, 2011, at 9 a.m. Mountain (11 a.m. Eastern) to discuss financial results for the fourth quarter of fiscal 2010.
The presentation will be broadcast live over the Internet at http://www.videonewswire.com/event.asp?id=75862. (Please copy and paste the link into the browser.) To listen live via telephone, call toll-free 888-378-4361,... |
| | | 01/06/11 | Pilgrim's Pride Hails Don Tyson as Industry Pioneer| GREELEY, Colo., Jan. 6, 2011 /PRNewswire via COMTEX/ -- Pilgrim's Pride Corporation (NYSE: PPC) today issued the following statement following the death of Don Tyson, former chairman and chief executive officer of Tyson Foods:
"Don Tyson will be remembered as a true pioneer in our industry, a leader who possessed great vision and passion for excellence," said Bill Lovette, Pilgrim's president and chief executive officer. "His significant contributions have played a key role in our industry's... |
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