Pilgrim’s Pride Corporation (PPC) Stock Forecasts

MT HANNACH
1 Min Read
Disclosure: This website may contain affiliate links, which means I may earn a commission if you click on the link and make a purchase. I only recommend products or services that I personally use and believe will add value to my readers. Your support is appreciated!

Summary

Pilgrim’s Pride Corporation was founded in 1946 and produces, treats and distributes fresh, frozen chicken and value products to retailers, distributors and food companies. It exports chicken products to around 120 countries and operates an integrated commercial model vertically. This means that PPC controls almost all of its commercial operations, from increasing livestock to the distribution of end products. The company is divided into three segments: 1) United States, 2) United Kingdom and Europe and 3) Mexico. The American segment is the most important of net sales.

The company takes care of poultry products in all segments, while it only treats pork products in the United Kingdom, its two largest customers have contributed just over an eighth of total income. In the 14 American states, the United Kingdom, Puerto Rico, Mexico and Europe, Pilgrim’s operates 39 production facilities and 27 Faculty Faculty Food

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *