date:Jul 28, 2012
Sales during the quarter were $1,974,469,000, up 3 percent from $1,922,690,000 during the same quarter of the previous year.
There will be challenges for the industry in the second half of 2012, primarily driven by volatility within the feed ingredient markets and tepid consumer spending, said Bill Lovette, chief executive officer. At Pilgrims we have our focus on what we can control, and we will continue to drive that strategy.
Our efforts are working. While we gained ground versus the compet