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Last year, plant-based food sales grew 27%, nearly doubling the growth rate of total grocery food sales. Over the next decade, plant-based food sales are projected to grow more than fivefold as vegetarians, flexitarians, and omnivores alike eat more plant-based alternatives to animal ...
Shares of Pilgrim's Pride (NASDAQ: PPC) , one of the nation's biggest poultry processors, jumped today after JBS (OTC: JBSAY) , the world's biggest meat packaging company, proposed making a full acquisition of Pilgrim's Pride, buying the shares it didn't already own. As ...
JBS S.A. (JBSAY) Q2 2021 Earnings Conference Call August 12, 2021 10:00 AM ET Company Participants Gilberto Tomazoni - Chief Executive Officer Guilherme Perboyre Cavalcanti - Chief Financial Officer and Investor Relations Officer Andre Nogueira - Chief Executive Officer, JBS USA Conference Ca...
The following slide deck was published by JBS S.A. in conjunction with their 2021 Q2 earnings call. For further details see: JBS S.A. 2021 Q2 - Results - Earnings Call Presentation
Inventories of chicken, both live and frozen, are down considerably over the last 12 months. Rising consumer demand is creating a chicken shortage vs. falling supplies and production in the U.S. Pilgrim's Pride is well situated to benefit through much higher operating profitabilit...
JBS SA, via its US poultry subsidiary Pilgrim's Pride, recently announced the acquisition of Kerry Consumer Foods' Meats and Meals businesses in the UK and Ireland. The acquisition adds clear strategic benefits and looks set to be almost immediately accretive as well. Shares trade...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips The ransomware epidemic is becoming a way larger problem for the U.S. government than we were previously expecting. Ever since the news of the Colonial Pipeline hack, more and more ransomware attacks are surfacing, t...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips After a cyberattack briefly crippled a major U.S. supplier of gas to the East Coast last month, cyber criminals shifted their focus this week to yet another piece of critical infrastructure — the meat supply. Sour...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips When Berkshire Hathaway’s (NYSE: BRK.A , NYSE: BRK.B ) Charlie Munger called Bitcoin (CCC: BTC-USD ) “useful to kidnappers and extortionists” and “contrary to the interes...
For most of 2020, the pandemic-shaped year, COVID-19 wreaked havoc on the food and restaurant industry. Analysts hoped rising consumer demand for alternative foods would offset the strangled foodservice channel but industry players had a difficult time to adapt to a new era and Beyond Meat ...
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