pilgrim's pride PP2006

Pilgrim's Pride Corporation is the second largest chicken producer in the United States and Mexico. In 2006, it faced challenges including reduced export demand and high industry production levels, which led to lower prices. While financial performance was not strong, the company gained new business, saw growth in key product categories and channels, and launched innovative new products. It took actions like reducing production to improve its competitive position. Looking forward, the company believes opportunities like industry consolidation could help strengthen its business and profitability over the long term.