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
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US:NYSE Investor Relations:
ir.pilgrims.com/investor-relations
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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
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News
- Should Value Investors Buy Pilgrim's Pride (PPC) Stock? [Yahoo! Finance]Yahoo! Finance
- Investors in Pilgrim's Pride (NASDAQ:PPC) have seen favorable returns of 92% over the past year [Yahoo! Finance]Yahoo! Finance
- Are Investors Undervaluing Pilgrim's Pride (PPC) Right Now? [Yahoo! Finance]Yahoo! Finance
- Why Is Pilgrim's Pride (PPC) Up 4.2% Since Last Earnings Report? [Yahoo! Finance]Yahoo! Finance
- PPC Stock Rallies 38% in 6 Months: What Should Investors Do Next? [Yahoo! Finance]Yahoo! Finance
PPC
Earnings
- 10/30/24 - Beat
PPC
Sec Filings
- 12/10/24 - Form DEF
- 11/25/24 - Form PRER14A
- 10/31/24 - Form 8-K
- PPC's page on the SEC website