JBS’s Pilgrim’s Pride Sees Profit Slump on Chicken Glut
Pilgrim's Pride, majority-owned by Brazil's JBS, posted Q2 sales of US$4.6 billion, down 2.8%, and a 48% drop in adjusted EBITDA as chicken oversupply cut prices. The post JBS’s Pilgrim’s Pride Sees Profit Slump on Chicken Glut appeared first on The Rio Times .
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