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Pilgrim’s Delight reviews 1Q outcomes with $4.4B in web gross sales


GREELEY, Colo. — Pilgrim’s Delight Corp. has reported its first quarter 2024 monetary outcomes. Among the many first quarter highlights, contains:

· Internet gross sales of $4.4 billion.

· Consolidated GAAP working earnings margin of 5.7 p.c.

· GAAP web earnings of $174.9 million and GAAP EPS of 73 cents. Adjusted web earnings of $182.9 million or adjusted EPS of 77 cents.

· Adjusted EBITDA of $371.9 million, or an 8.5 p.c margin, with adjusted EBITDA margins of 9.4 p.c within the U.S., 6.4 p.c in Europe, and 9.2 p.c in Mexico.

· Diversified U.S. recent. . .

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