Wenn Management believes that presentation of adjusted net income attributable to Pilgrims provides useful supplemental information about our operating performance and enables comparison of our performance between periods because certain costs shown below are not indicative of our current operating performance. Wenn We remeasure nonmonetary assets using the historical exchange rate in effect on the date of each assets acquisition. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include: the impact of the COVID-19 pandemic, efforts to contain the pandemic and resulting economic downturn on our operations and financial condition, including the risk that our health and safety measures at Pilgrims Pride production facilities will not be effective, the risk that we may be unable to prevent the infection of our employees at these facilities, and the risk that we may need to temporarily close one or more of our production facilities; the risk that we may experience decreased production and sales due to the changing demand for food products; the risk that we may face a significant increase in delayed payments from our customers; and additional risks related to COVID-19 set forth in our most recent Form 10-K and Form 10-Q filed with the SEC; matters affecting the poultry industry generally; the ability to execute the Companys business plan to achieve desired cost savings and profitability; future pricing for feed ingredients and the Companys products; outbreaks of avian influenza or other diseases, either in Pilgrims Prides flocks or elsewhere, affecting its ability to conduct its operations and/or demand for its poultry products; contamination of Pilgrims Prides products, which has previously and can in the future lead to product liability claims and product recalls; exposure to risks related to product liability, product recalls, property damage and injuries to persons, for which insurance coverage is expensive, limited and potentially inadequate; management of cash resources; restrictions imposed by, and as a result of, Pilgrims Prides leverage; changes in laws or regulations affecting Pilgrims Prides operations or the application thereof; new immigration legislation or increased enforcement efforts in connection with existing immigration legislation that cause the costs of doing business to increase, cause Pilgrims Pride to change the way in which it does business, or otherwise disrupt its operations; competitive factors and pricing pressures or the loss of one or more of Pilgrims Prides largest customers; currency exchange rate fluctuations, trade barriers, exchange controls, expropriation and other risks associated with foreign operations; disruptions in international markets and distribution channels, including, but not limited to, the impacts of the Russia-Ukraine conflict; the risk of cyber-attacks, natural disasters, power losses, unauthorized access, telecommunication failures, and other problems on our information systems; and the impact of uncertainties of litigation and other legal matters described in our most recent Form 10-K and Form 10-Q, including the In re Broiler Chicken Antitrust Litigation, as well as other risks described under Risk Factors in the Companys Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and subsequent filings with the Securities and Exchange Commission. You will engage in the delivery of maintenance and flood defence projects and liaise and support with internal and external customers in the delivery of our. A large number of American employers, like Pilgrim's Pride Corporation, sponsor group health coverage, through which a Read more, Compare the work satisfaction, stress and gender at Pilgrim's Pride Corporation with similar employers, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Demand in the, Prepared foods continues to improve, and the. Pilgrim's is ranked #100 on the Best Companies to Work For in Colorado list. Se continui a visualizzare On February 23, 2021, the Colorado Court approved the Plea Agreement and assessed a fine of $107.9 million. In addition, other companies in our industry may calculate these measures differently limiting their usefulness as a comparative measure. UPDATE: Feb. 24, 2021: Pilgrim's Pride pleaded guilty and agreed to pay a $107.9 million fine to the U.S. Justice Department to settle federal charges that it conspired to increase chicken . EBITDA and Adjusted EBITDA are not measurements of financial performance under U.S. GAAP. The case is United States v. Jason McGuire and Timothy Stiller, U.S. District Court for the District of Colorado, No. At the end of September, we welcomed Pilgrims Food Masters with its value-added branded products that strengthened our portfolio in Europe and created a differentiated platform for growth. . Aydanos a proteger Glassdoor verificando que eres una persona real. Pilgrims Pride Benefits. These limitations should be compensated for by relying primarily on our U.S. GAAP results and using EBITDA and Adjusted EBITDA only on a supplemental basis. Pilgrim's employees are most likely to be members of the republican party. . (g)This amount represents the flow-through of the value to step-up inventory to fair value at the acquisition date in accordance with business combination accounting rules recorded as part of the Pilgrim's Food Masters transaction. The expense adjustment recognized in the year ended December 26, 2021 was offset by amounts recognized in anticipation of probable settlements in ongoing litigation. Pilgrim's Pride Corporation pays its employees an average of $15.43 an hour. For the year ended December 26, 2021, we recorded $1.0 million in incremental donations expense relating to this initiative. (h)The gain on bargain purchase was recognized as a result of the PPL acquisition in October 2019. Ci an. Observes all company personnel, quality, safety, and food safety policies. Please, activate it in the options of your browser. JBS became majority owner of Pilgrim's Pride in 2009, with an $800-million investment that allowed the financially troubled poultry producer and processor to emerge from bankruptcy protection. Statements contained in this press release that state the intentions, plans, hopes, beliefs, anticipations, expectations or predictions of the future of Pilgrims Pride Corporation and its management are considered forward-looking statements. Offering $1000 for 1st & $5000 for 3rd shift sign-on bonusProduction Associate. Ask about our $1,000 SIGN ON BONUS and perfect . It is important to note that actual results could differ materially from those projected in such forward-looking statements. This position starts at $17.12/hour, plus we are offering a $2000 Hiring Bonus! Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. Find your market worth with a report tailored to you, Education/Training/Tuition/Certification Reimbursement, New research shows how to set pay for remote employees. Prosecutors on Sunday moved to dismiss the closely watched case after Domenico last week limited the evidence the government could rely on at the upcoming trial on Oct. 31. Aydanos a proteger Glassdoor y demustranos que eres una persona real. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. (Reuters) - A U.S. judge in Colorado on Monday dismissed federal charges against two former Pilgrim's Pride Corp executives who were among other chicken industry leaders charged last year in a sweeping price-fixing prosecution that posed challenges to the U.S. Justice Department amid losses at trial. Glassdoor is your resource for information about the Vacation & Paid Time Off benefits at Pilgrim's. Learn about Pilgrim's Vacation & Paid Time Off, including a description from the employer, and comments and ratings provided anonymously by current and former Pilgrim's employees. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. Our Standards: The Thomson Reuters Trust Principles. Job salary and benefits: Normal working days: Sunday night to Friday Morning. Pilgrims employs approximately 59,400 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, and continental Europe. 14% of Pilgrim's employees are Hispanic or Latino. I am thoroughly impressed with our progress in Sustainability in 2022, especially as the team simultaneously reduced GHG emission intensity and enhanced operating efficiencies. The highest reported salary for an employee at Pilgrim's Pride Corporation is currently $21.74 / hour, At Pilgrim's Pride Corporation, they offer several options for retirement plans and other welfare benefits. Better Futures Program -2 Year Community College tuition paid for you or your dependents! Job Type: Full-time. Pilgrim's Chicken. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. A guilty plea . 2021 Highlights. Onze message, contactez-nous l'adresse Use our tool to get a personalized report on your market worth. Pilgrim's Pride Corporation Benefits $15.23 / hour Avg. The average employee at Pilgrim's makes $32,811 per year. Ability to comprehend simple instructions. Participants are encouraged to pre-register for the conference call using the link below. 1:21-cr-00246-DDD. Additional job details. Pilgrim's has great employee retention with staff members usually staying with the company for 3.2 years. Pilgrim's Pride Corp. pled guilty February 23 for its part in a conspiracy to fix prices for broiler chickens. when applying to a job online, never give your social security number to a prospective employer, provide credit card or bank account information, or perform any sort of monetary transaction. Follow all company animal welfare guidelines. Pilgrim's wants YOU to join our HATCHERY TEAM as a CHICK PROCESSOR/SEPARATOR ROOM WORKER! P.O. EBITDA margins are presented because they are used by management and we believe they are frequently used by securities analysts, investors and other interested parties, as a supplement to our results prepared in accordance with U.S. GAAP, to compare the performance of companies. Si continas recibiendo este mensaje, infrmanos del problema The amount above represents an adjustment to the previously recorded gain on bargain purchase. Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Leave benefits include Paid holidays, Vacation/paid time off and Medical. (e) Restructuring charges is primarily related to restructuring initiatives at multiple production facilities throughout our U.K. and Europe reportable segment. Lonnie Pilgrim donated Our estimates are verified against BLS, Census, and current job openings data for accuracy. The team also continued to work in partnership with Key Customers to mitigate increased input costs from persistent inflation and generate product innovation. "This appears to be the end of the broiler chickens price-fixing investigation," Reichel told Reuters on Monday. Management also believe that this non-U.S. GAAP financial measure, in combination with our financial results calculated in accordance with U.S. GAAP, provides investors with additional perspective regarding the impact of such charges on net income attributable to Pilgrims Pride Corporation per common diluted share. an. It earns more than $8 billion in sales revenue and employs over 48,000 people. Adjusted Operating Income is calculated by adding to Operating Income certain items of expense and deducting from Operating Income certain items of income. Si continas recibiendo este mensaje, infrmanos del problema questo messaggio, invia un'email all'indirizzo Although we faced remarkable challenges, our team members were constantly available to explore new opportunities to improve our business and were determined to drive results. In litigation alleging a conspiracy to reduce output and increase the prices of broiler chickens, Pilgrim's Pride has agreed to . Adjusted EBITDA by segment figures s are presented because they are used by management and we believe they are frequently used by securities analysts, investors and other interested parties, as a supplement to our results prepared in accordance with U.S. GAAP, to compare the performance of companies. (1) Reconciliations for non-U.S. GAAP measures are provided in subsequent sections within this release. A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college. para informarnos de que tienes problemas. Pilgrim's Buttery Popcorn Chicken. Aydanos a proteger Glassdoor verificando que eres una persona real. Pilgrim's Pride is the second-largest poultry . to let us know you're having trouble. Last updated 11 days ago. Pilgrim's Pride, which is owned by Brazilian-based meat-industry giant JBS SA, and Tyson were among a group of poultry companies that were probed by the Department of Justice beginning in. Pilgrim's may also be known as or be related to JBS USA Food Company, Pilgrim s, Pilgrim's, Pilgrim's Pride, Pilgrim's Pride Corporation, Pilgrims and Pilgrims Pride. The difference between the original accrual and the payment is recorded in DOJ agreement and litigation settlements in the year ended December 26, 2021. From 29,706 a year. For more than seven decades, Pilgrim's has focused on providing a safe and well-managed workplace that presents the best opportunity for our team members to thrive and have a better future. The stock has a market capitalization of $5.75 billion, a PE ratio of 7.93, a price-to-earnings-growth ratio of 2.97 and a beta of 0.98. Management believes that presentation of adjusted net income attributable to Pilgrims provides useful supplemental information about our operating performance and enables comparison of our performance between periods because certain costs shown below are not indicative of our current operating performance. To pre-register, go to: https://services.choruscall.com/links/ppc220209.html, You may also reach the pre-registration link by logging in through the investor section of our website at www.pilgrims.com and clicking on the link under Upcoming Events., For those who would like to join the call but have not pre-registered, access is available by dialing +1(844)883-3889 within the US, or +1 (412) 317-9245 internationally, and requesting the Pilgrims Pride Conference.. EBITDA and Adjusted EBITDA have limitations as analytical tools and should not be considered in isolation or as substitutes for an analysis of our results as reported under U.S. GAAP. Callers who pre-register will be given a unique PIN to gain immediate access to the call and bypass the live operator. Participants may pre-register at any time, including up to and after the call start time. Pilgrim's Hot & Spicy Chicken Breast Fillet. Inflation also remained persistent with input costs, including grain, utilities, and labor. Ci New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. View Pilgrim's Pride Corporation job listing for a Retail Store Associate in Frisco, Texas and see more Consumer Products jobs posted by Pilgrim's Pride Corporation employer. Fully Cooked. Unfortunately, this job is no longer available. (b)The Company measures the financial statements of its Mexico reportable segment as if the U.S. dollar were the functional currency. message, contactez-nous l'adresse On February 23, 2021, the Colorado Court approved the Plea Agreement and assessed a fine of $107.9 million. Ashton, Bodmin, Bromborough, Cambridge, Corsham, King's Lynn, Linton, Redruth, Ruskington, Spalding, Warwick, Westerleigh A conference call to discuss Pilgrims quarterly results will be held tomorrow, February 9, at 7:00 a.m. MT (9 a.m. Our credentials as an industry-leading food manufacturer are demonstrated by our people - real food champions whose passion and pride for their craft is inspirational. Participates in process improvement and problem solving utilizing continuous improvement and rational thinking methodologies. 02/06/2023 Please join us in congratulating our January 2023 Team Member & Supervisor of the Month winners. message, please email (Less than 3 feet apart.). Enter your email below to receive job recommendations for similar positions. ET). Without limiting the foregoing, words such as anticipates, believes, estimates, expects, intends, may, plans, projects, should, targets, will and the negative thereof and similar words and expressions are intended to identify forward-looking statements. Terms and Conditions (g) This amount represents the flow-through of the value to step-up inventory to fair value at the acquisition date in accordance with business combination accounting rules recorded as part of the Pilgrim's Food Masters transaction. Paid Time Off: sick leave, vacation, and 6 company observed holidays. Pilgrim's Paid Holidays 15 employees reported this benefit 3.5 4 Ratings Available to US-based employees Change location Employee Comments Showing 1-4 of 4 Oct 28, 2020 4.0 Former Freelancer in Nacogdoches, TX, Texas They have paid holidays including ur birthday Helpful Report Mar 13, 2018 2.0 Current Employee Domenico granted prosecutors' request to dismiss the action without prejudice, which leaves open a chance for the government to try to bring a new case later on. Job Type: Full-time. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers. . Bitte helfen Sie uns, Glassdoor zu schtzen, indem Sie besttigen, dass Sie Callers who pre-register will be given a unique PIN to gain immediate access to the call and bypass the live operator. Pilgrim ' s Pride Corporation. Pilgrim's Pride, owned mainly by Brazil's JBS SA, will pay $75 million to settle claims by purchasers that bought chickens directly from the company. pour nous faire part du problme. Their efforts to scale our manufacturing network and consolidate back office support activities creates a solid foundation to realize our growth aspirations and to create value with our Key Customers, said Fabio Sandri. The Company also believes that Adjusted EBITDA, in combination with the Companys financial results calculated in accordance with U.S. GAAP, provides investors with additional perspective regarding the impact of certain significant items on EBITDA and facilitates a more direct comparison of its performance with its competitors. This includes increased safety measures to prevent the spread of COVID-19, such as enhanced cleaning and sanitation, temperature screens and plexi-glass or plastic barriers. Here is another job that is similar. ein Mensch und keine Maschine sind. View Pilgrim's Pride Corporation job listing for a Production Hourly in Douglas, Georgia and see more Consumer Products jobs posted by Pilgrim's Pride Corporation employer. real person. We remeasure nonmonetary assets using the historical exchange rate in effect on the date of each assets acquisition. para nos informar sobre o problema. Net Sales of $17.5 billion, up 18.2% from prior year. Sources of net sales by country of origin: Sources of cost of sales by country of origin: Sources of gross profit by country of origin: Sources of operating income by country of origin: Consolidated GAAP Operating Income margin of 1.4% with Adjusted, Our strategy and our portfolio continue to mitigate the impact of volatile market conditions. Because of these limitations, EBITDA and Adjusted EBITDA should not be considered as an alternative to net income as indicators of our operating performance or any other measures of performance derived in accordance with U.S. GAAP. Environment Agency 3.8. In 2020, Pilgrim's Pride agreed to pay a $110.5 million fine after pleading guilty to the Justice Department's price-fixing charges. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Pilgrim's Pride Corporation employees with the job title Ammonia Refrigeration Technician make. The webcast will be available for replay through May 10, 2022. Best Manufacturing Companies to Work For in Colorado, Best Companies to Work For in Greeley, CO, Best Manufacturing Companies to Work For in Greeley, CO, Pilgrim's Human Resources Coordinator Jobs. Report this job. The company is 44.5% female and 41.0% ethnic minorities. Net Sales of $14.8 billion, up 22% from prior year. Other than healthcare, which of the following benefits is most important to you? PPC. . For U.S.: Michael Koenig and Sara Clingan of the Justice Department, For McGuire: D. Jarrett Arp and Tatiana Martins of Davis Polk & Wardwell, For Stiller: Kristen Frost and Patrick Ridley of Ridley, McGreevy & Winocur, U.S. moves to dismiss price-fixing case against two former Pilgrim's Pride execs, U.S. keeps losing antitrust court battles but few expect pullback, U.S. poultry supplier executives acquitted in price-fixing case, U.S. drops price-fixing charges against chicken executives after mistrials. Pilgrims Pride's benefits and PTO Package averages to represent a $2500+ cash value per month. Help us improve CareerBuilder by providing feedback about this job: Pilgrim's Pride, the poultry arm of JBS SA, agreed in a Colorado federal court filing to pay a $110.5 million fine in a price-fixing scheme over some chicken sales. Pilgrim's Pride Corp. on Monday revealed an agreement to settle claims in federal litigation by purchasers of broiler chickens alleging violations of antitrust and unfair competition laws. Maintains a positive work atmosphere by acting and communicating in a manner so that you work effectively and cooperatively with customers, clients, co-workers, and leadership teams. A large number of American employers, like Pilgrim's Pride Corporation, sponsor group health coverage, through which a Read more, Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning, Accidental Death & Dismemberment Insurance. Adjusted EBITDA is calculated by adding to EBITDA certain items of expense and deducting from EBITDA certain items of income that we believe are not indicative of our ongoing operating performance consisting of: (1) foreign currency transaction loss (gain), (2) transaction costs related to business acquisitions, (3) DOJ agreement and litigation settlements, (4) restructuring activities loss (gain), (5) Hometown Strong initiative expenses, (6)charge for fair value markup of acquired inventory, (7) gain on bargain purchase, (8)shareholder litigation settlement, (9) deconsolidation of a subsidiary and (10) net income attributable to noncontrolling interest. Claiming and updating your company profile on Zippia is free and easy. Why do people leave their jobs? GREELEY, Colo., Feb. 08, 2023 (GLOBE NEWSWIRE) Pilgrim's Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its fourth quarter and year-end 2022 financial results.2022 Highlights. Pilgrims employs over 61,500 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, the Republic of Ireland and continental Europe. We offer all types of products from savory tenders, crunchy popcorn chicken to tasty nuggets. Pilgrims in Sanford is looking for energetic, driven, self -motivated individuals to join our team. enviando un correo electrnico a The Company also believes that Adjusted EBITDA, in combination with the Companys financial results calculated in accordance with U.S. GAAP, provides investors with additional perspective regarding the impact of certain significant items on EBITDA and facilitates a more direct comparison of its performance with its competitors. A reconciliation of U.S. GAAP to non-U.S. GAAP financial measures is as follows: Pilgrim's Management believes that presentation of Adjusted Operating Income provides useful supplemental information about our operating performance and enables comparison of our performance between periods because certain costs shown below are not indicative of our current operating performance. We remeasure nonmonetary assets using the historical exchange rate in effect on the date of each assets acquisition. 0 suggestions are available, use up and down arrow to navigate them, Poultry Manufacturing Plant Hourly - Hiring Now, 200 N. LaSalle St. Suite 1100, Chicago, IL 60601. The difference between the original accrual and the payment is recorded in DOJ agreement and litigation settlements in the year ended December 26, 2021. Lamentamos pelo inconveniente. Posted: March 01, 2023. Si vous continuez voir ce $18 Hourly. (d)This line represents the DOJ fine in 2020 and other litigation settlements. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload. Opportunity to grow your career through our Supervisor Development Program. Pilgrim's Pride Corporation employees with the job title Maintenance Mechanic make the most with an average hourly rate of $18.68, while employees with the title Production Worker make the least with an average hourly rate of $13.11. The largest donation made to a political party by a Pilgrim's employee was Sie weiterhin diese Meldung erhalten, informieren Sie uns darber bitte per E-Mail Zippia gives an in-depth look into the details of Pilgrim's, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Pilgrim's. Read reviews from current employees that include compensation and culture insights. Argentina Australia Belgi (Nederlands) Belgique (Franais) Brasil ein Mensch und keine Maschine sind. As a result of the Plea Agreement, we recognized a fine of $110.5 million. Ajude-nos a manter o Glassdoor seguro confirmando que voc uma pessoa de Consolidated GAAP Operating Loss margin of 1.9%. Public Company Incorporated: 1963 as Pilgrim Feed Mills, Inc. Employees: 10,700 Sales: $787 million Stock Exchanges: New York SICs: 2015 Poultry Slaughtering & Processing Once a privately held business, Pilgrim ' s Pride Corporation is the fifth largest chicken processor in the . las molestias. per informarci del problema. (b) The Company measures the financial statements of its Mexico reportable segment as if the U.S. dollar were the functional currency. for use of our website. GREELEY, COLO. - Pilgrim's Pride Corp. (PPC) for a second time rejected an offer from So Paulo, Brazil-based JBS SA for the remaining shares of common stock of PPC. This leadership mindset, when coupled with our strategies of portfolio diversification, Key Customer partnerships, and operational excellence, translated into strong growth in net sales and adjusted EBITDA for Pilgrims, said Fabio Sandri, Chief Executive Officer. The U.K. and Europe business continued to drive operational excellence through optimization of its manufacturing footprint and further integration of back office support activities. Factors that could cause actual results to differ materially from those projected in such forward-looking statements include: the impact of the COVID-19 pandemic, efforts to contain the pandemic and resulting economic downturn on our operations and financial condition, including the risk that our health and safety measures at Pilgrims Pride production facilities will not be effective, the risk that we may be unable to prevent the infection of our employees at these facilities, and the risk that we may need to temporarily close one or more of our production facilities; the risk that we may experience decreased production and sales due to the changing demand for food products; the risk that we may face a significant increase in delayed payments from our customers; and additional risks related to COVID-19 set forth in our most recent Form 10-K and Form 10-Q filed with the SEC; matters affecting the poultry industry generally; the ability to execute the Companys business plan to achieve desired cost savings and profitability; future pricing for feed ingredients and the Companys products; outbreaks of avian influenza or other diseases, either in Pilgrims Prides flocks or elsewhere, affecting its ability to conduct its operations and/or demand for its poultry products; contamination of Pilgrims Prides products, which has previously and can in the future lead to product liability claims and product recalls; exposure to risks related to product liability, product recalls, property damage and injuries to persons, for which insurance coverage is expensive, limited and potentially inadequate; management of cash resources; restrictions imposed by, and as a result of, Pilgrims Prides leverage; changes in laws or regulations affecting Pilgrims Prides operations or the application thereof; new immigration legislation or increased enforcement efforts in connection with existing immigration legislation that cause the costs of doing business to increase, cause Pilgrims Pride to change the way in which it does business, or otherwise disrupt its operations; competitive factors and pricing pressures or the loss of one or more of Pilgrims Prides largest customers; currency exchange rate fluctuations, trade barriers, exchange controls, expropriation and other risks associated with foreign operations; disruptions in international markets and distribution channel, including anti-dumping proceedings and countervailing duty proceedings; the risk of cyber-attacks, natural disasters, power losses, unauthorized access, telecommunication failures, and other problems on our information systems; and the impact of uncertainties of litigation and other legal matters described in our most recent Form 10-K and Form 10-Q, including the In re Broiler Chicken Antitrust Litigation, as well as other risks described under Risk Factors in the Companys Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and subsequent filings with the Securities and Exchange Commission.
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