Pilgrim’s Pride announced as Forbes’ top 400 companies
Forbes has named Pilgrim’s Pride Corp. one of the 400 Best Big Companies in America.
Based on its five-year annualised total return of 26.3%, the company placed in fifth place on Forbes’ list of 19 food, drink and tobacco companies. Additionally, Pilgrim’s Pride ranked 148th in five-year total return.
“We are pleased to be included in Forbes’ annual ranking of America’s best big companies, particularly since it recognises companies that have done the best job in generating long-term value for shareholders,” said chairman and interim president of Pilgrim’s Pride, Ken Pilgrim.
To be named to the Platinum 400, firms must pass Forbes’ benchmarks for financial growth rates and returns, and must meet Forbes’ approval for corporate governance, accounting standards and background checks.