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Pilgrim's tallies a record in fiscal quarter

Published Monday, January 24, 2005

Pilgrim’s Pride Corp reported record net income of $48.5 million for the first fiscal quarter ended Jan 1, 2005, an increase of $38.2 million compared with net income of $10.3 million in the first quarter of fiscal 2004. The Pittsburg TX-based poultry producer also reported net sales of $1.37 billion for the first quarter of fiscal 2005, a gain of $0.33 billion compared with net sales of $1.04 billion for the same period a year earlier. “Our record performance in the first fiscal quarter reflects both the successful integration of the November 2003 ConAgra chicken division acquisition and ...

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