Pilgrim’s Pride to Release Third Quarter 2021 Financial Results October 27

Rhea-AI Summary

Pilgrim’s Pride Corporation (NASDAQ: PPC) will release its Q3 2021 financial results on October 27, 2021, after market close. Following this, executives will host a conference call and webcast on October 28, 2021, at 7:00 a.m. MT. Investors may pre-register for the webcast at the company's investor website. The call will not take questions. The company previously disclosed an unsolicited acquisition proposal from majority stockholder JBS S.A. for shares not owned by it.

Positive

• Scheduled release of Q3 2021 financial results could indicate transparency and communication with investors.
• Webcast availability provides investors with an opportunity to stay informed.

Negative

• No specific financial metrics or guidance provided in the PR.
• Unsolicited acquisition proposal from JBS may create uncertainty for shareholders.

GREELEY, Colo., Oct. 08, 2021 (GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation (NASDAQ: PPC) announced today that it will release its third quarter 2021 financial results after the U.S. market closes on October 27, 2021. The Company’s executives will review the results on a conference call and webcast Thursday, October 28, 2021, 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/ppc211028.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 through February 10, 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 10160954, which will be available through November 28, 2021.

About Pilgrim’s Pride Corporation

Pilgrim’s employs approximately 59,200 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 – Financial Profiles Investor Relations IRPPC@pilgrims.com www.pilgrims.com

FAQ

When will Pilgrim's Pride release its Q3 2021 financial results?

Pilgrim's Pride will release its Q3 2021 financial results on October 27, 2021, after market close.

What time is the conference call for Pilgrim's Pride Q3 2021 results?

The conference call for Pilgrim's Pride Q3 2021 results is scheduled for October 28, 2021, at 7:00 a.m. MT.

Is there a way to attend Pilgrim's Pride's Q3 earnings call?

Yes, participants can pre-register for the webcast on Pilgrim's investor website or dial the provided numbers to join the call.

What is the status of the acquisition proposal from JBS S.A. related to Pilgrim's Pride?

Pilgrim's Pride received an unsolicited acquisition proposal from its majority stockholder JBS S.A. for shares not already owned by JBS.