Supermarket Trends: "Pocketbook Pressure" Increases Chicken Demand As Consumers Seek Savings [zero hedge]
Pilgrim's Pride Corporation (PPC)
Last pilgrim's pride corporation earnings: 4/29 05:12 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.pilgrims.com/investor-relations
Company Research
Source: zero hedge
Supermarket Trends: "Pocketbook Pressure" Increases Chicken Demand As Consumers Seek Savings Cash-strapped consumers have traded down supermarket stores to budget ones and aggressively shifted towards cheaper private label brands. They've also dialed back on restaurant spending as challenging economic conditions persist, driven by elevated inflation and high interest rates—primarily fueled by the Biden-Harris team's' 'Bidenomics.' "In addition to reducing dining-out occasions, shoppers are also making more frequent visits to grocery stores even as they purchase less each time — all in an effort to capture savings after years of high food inflation," Bloomberg said, citing an earnings call from Pilgrim's Pride, the second largest US producer of poultry meat. Increasing demand for poultry products in the deli and freezer aisle helped Pilgrim's Pride report its best third-quarter earnings per share in history, sending shares rocketing to new record highs. Pilgrim's Pride CEO told investo
Show less
Read more
Impact Snapshot
Event Time:
PPC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PPC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PPC alerts
High impacting Pilgrim's Pride Corporation news events
Weekly update
A roundup of the hottest topics
PPC
News
- Should Value Investors Buy Pilgrim's Pride (PPC) Stock? [Yahoo! Finance]Yahoo! Finance
- Best Value Stocks to Buy for November 4th [Yahoo! Finance]Yahoo! Finance
- Best Growth Stocks to Buy for November 4th [Yahoo! Finance]Yahoo! Finance
- Analysts Are Updating Their Pilgrim's Pride Corporation (NASDAQ:PPC) Estimates After Its Third-Quarter Results [Yahoo! Finance]Yahoo! Finance
- Pilgrim's Pride Co. (NASDAQ: PPC) had its price target raised by analysts at Barclays PLC from $45.00 to $49.00. They now have an "equal weight" rating on the stock.MarketBeat
PPC
Earnings
- 10/30/24 - Beat
PPC
Sec Filings
- 10/31/24 - Form 8-K
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- PPC's page on the SEC website