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Pilgrim’s US business saw improvement, thanks to Small Birds and Prepared Foods, the company said. Case ready drove growth above industry averages with key customers.
Pilgrim’s said it was at a 66¢ loss per share, down from $36.46 million in the same period a year ago. Losses, adjusted for one-time gains costs, were 49¢ per share.
To optimize its operational efficiency in the United Kingdom, Pilgrim’s UK invested £800,000 ($780,000) to expand two lines at its pork processing plant in Bromborough, which are now operational.
Pilgrim’s Pride Corp., a subsidiary of JBS S.A., released its 2021 Sustainability Report that shows the company’s progress toward its 2030 goals announced last year.
The US Department of Labor’s Occupational Safety and Health Administration (OSHA) cited Pilgrim’s Pride Corp. after an investigation found that the company might have prevented a January 2022 ammonia leak if required safety standards were followed.
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