In the fiscal third quarter ended Sept. 30, JBS SA reported a steep decline in net income by 84.7% compared to the same period last year, dropping to $117.3 million.
In the 12 weeks ended July 15, Flowers Foods net income was $63.77 million, equal to 30¢ per share on the common stock, up 19% from $53.68 million, or 25¢ per share, in the second quarter of 2022.
Pilgrim’s said it was at a 66¢ loss per share, down from $36.46 million in the same period a year ago. Losses, adjusted for one-time gains costs, were 49¢ per share.