Softer market affects Pilgrim's Pride results

Softer market affects Pilgrim's Pride results

Fourth-quarter 2015 net income was $63.1 million, compared to $167.2 million reported in 2014.

Pilgrim’s Pride Corp. recently released its fiscal 2015 financial performance, reflecting lower year-over-year results. Net sales of $8.18 billion were lower than net sales of $8.58 billion in 2014. Net income of $645.9 million and  adjusted earnings per share of $2.60 were also lower than the company’s 2014 net income of $711.6 million and adjusted earnings per share of $2.96, respectively.

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