Pilgrim’s Pride to Release Fiscal Year 2021 Financial Results February 9

Rhea-AI Summary

Pilgrim's Pride Corporation (NASDAQ: PPC) will release its fourth quarter and fiscal year 2021 financial results on February 9, 2022. The announcement follows an unsolicited acquisition proposal from majority stockholder JBS S.A. for additional shares not already owned by them. A conference call to discuss the results will take place on February 10, 2022, at 7:00 a.m. MT. Investors can pre-register for the event via the company’s investor website. The webcast will be available for replay two hours after the call, remaining accessible until April 28, 2022.

Positive

• Scheduled release of fourth quarter and fiscal year 2021 financial results.
• Conference call planned to discuss financial outcomes.

Negative

• Unsolicited acquisition proposal from JBS S.A. raises concerns about ownership and control.

GREELEY, Colo., Jan. 20, 2022 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will release its fourth quarter and fiscal year 2021 financial results after the U.S. market closes on Wednesday, February 9, 2022. The Company’s executives will review the results on a conference call and webcast Thursday, February 10, 2022, at 7:00 a.m. MT (9:00 a.m. ET).

Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator. Pre-registration may be completed at any time, including up to and after the call has begun, by accessing the company’s investor website at https://ir.pilgrims.com in the “Events & Presentations” section. Participants also can register for the conference call and webcast at https://services.choruscall.com/links/ppc220209.html. The Company will not be taking questions on the call. As previously disclosed, on August 12, 2021, the Company received an unsolicited proposal from its majority stockholder JBS S.A. (“JBS”) to acquire all of the outstanding shares of common stock of the Company not already owned by JBS or its subsidiaries.

Participants who would like to join the call but have not pre-registered can do so on the day of the event by dialing +1 (844) 883-3889 within the US, or +1 (412) 317-9245 internationally, and requesting the “Pilgrim’s Pride Conference.” 

The webcast will be available for replay on Pilgrim’s website two hours after the call concludes and will remain available until April 28, 2022. Alternatively, the telephone replay may be accessed by dialing +1 (877) 344-7529 in the US, or +1 (412) 317-0088 internationally, and requesting conference number 2441686, which will be available through March 9, 2022.

About Pilgrim’s Pride Corporation

Pilgrim’s employs approximately 58,900 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K., Ireland and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com.

Contact:
Julie Kegley 
Investor Relations
IRPPC@pilgrims.com

FAQ

When will Pilgrim's Pride announce its Q4 2021 financial results?

Pilgrim's Pride will release its Q4 2021 financial results on February 9, 2022.

What time is the conference call for Pilgrim's Pride's financial results?

The conference call will occur on February 10, 2022, at 7:00 a.m. MT.

How can I access the Pilgrim's Pride conference call?

You can pre-register for the conference call on Pilgrim's investor website or dial in on the day of the event.

Is there an acquisition proposal related to Pilgrim's Pride?

Yes, JBS S.A. has made an unsolicited proposal to acquire outstanding shares of Pilgrim's Pride.