SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
----------
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 13, 2002
PILGRIM'S PRIDE CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE 1-9273 5-1285071
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
110 SOUTH TEXAS STREET
PITTSBURG, TEXAS 75686-0093
(Address of principal executive offices) (ZIP Code)
Registrant's telephone number, including area code: (903) 855-1000
ITEM 5. OTHER EVENTS
On October 13, 2002, Pilgrim's Pride Corporation issued a press release
announcing that it has expanded a voluntary nationwide recall of cooked deli
products produced at its Franconia, Pennsylvania facility from May 1, 2002
through October 11, 2002. Attached hereto as exhibits are two press releases
describing the recall and the expected financial effect thereof.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibits.
EXHIBIT
NUMBER DESCRIPTION
------- -----------
99.1 -- Press release dated October 13, 2002.
99.2 -- Press release dated October 14, 2002.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized.
PILGRIM'S PRIDE CORPORATION
Date: October 14, 2002 By: /s/ Richard A. Cogdill
----------------------------------
Richard A. Cogdill
Executive Vice President, Chief Financial
Officer, Secretary and Treasurer
EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
------ -----------
99.1 -- Press release dated October 13, 2002.
99.2 -- Press release dated October 14, 2002.
EXHIBIT 99.1
WAMPLER FOODS EXPANDS VOLUNTARY NATIONWIDE RECALL OF COOKED DELI PRODUCTS
FRANCONIA, Pa., Oct. 13 /PRNewswire/ -- Wampler Foods today expanded a voluntary
nationwide recall of cooked deli products produced at its Franconia, Penn.,
facility from May 1, 2002 through October 11, 2002. Wampler took this
precautionary action immediately after learning from FSIS that environmental
sampling suggested the continued presence in the plant of the strain of Listeria
in the Oct. 9 recalled product. No illnesses associated with the Listeria strain
in the Northeastern U.S. outbreak have been linked to any Wampler products.
"We are taking these precautionary steps because the safety and health of our
consumers is our first concern," said David Van Hoose, Chief Executive Officer.
"We're working diligently with the USDA and our customers to make sure any
product that has not yet been consumed is removed from the marketplace and
consumers' homes as quickly as possible."
The Wampler cooked deli products were sold to consumers in retail groceries,
delicatessens and foodservice distributors under the Wampler Foods and select
private labels. Approximately 27.4 million pounds of cooked deli product were
produced and shipped during the five-month period included in the recall. A
roster of specific Item Codes, Brand/Product Description and Packaging Code
numbers to follow.
Consumers should return the product covered by this recall to the store or deli
where they purchased it for a full refund. Consumers who have questions about
the recall may call Wampler's toll-free hotline at 877-260-7110 and may visit
the Wampler recall information website at www.wampler.com.
Wampler received test results from samples taken in plant floor drains at its
facility that tested positive for a strain of Listeria similar to the strain
identified in the recent Northeastern outbreak. This strain, according to
governmental officials, while uncommon, is not uniquely identifiable to a single
source. Again, no illnesses associated with the Listeria strain in the
Northeastern U.S. outbreak have been linked to any Wampler products.
"In order to redouble our food safety and sanitation efforts, we immediately
decided to suspend operations at the Franconia facility," Van Hoose stated. "We
will validate our food safety and sanitation efforts by conducting microbial
testing before shipments resume."
Wampler Foods urges consumers who have eaten the affected product and are
experiencing any of the symptoms related to food-borne illness to immediately
seek medical attention. Consumption of food contaminated with Listeria
monocytogenes can cause listeriosis, an uncommon but potentially fatal disease.
Healthy people rarely contract listeriosis, but it can cause miscarriages and
stillbirths, as well as serious and sometimes fatal infections in those with
weak immune systems - infants, the frail or elderly and persons with chronic
disease, with HIV infection, or taking chemotherapy.
Wampler Foods(R) is a brand of poultry products marketed by Pilgrim's Pride
Corporation (NYSE:CHX), a processor and marketer of poultry products.
Contact:
Ray Atkinson
540-896-0406
ratkinson@wampler.com
Michael Schiferl
312-240-3110
Product List
Oct. 13, 2002
Wampler Foods Brands
Item
Code Description Code Date
10003 WAMPLER FOODS TKY BRST W/WHT TKY Sell by 07/22/02 -
1 DIAM FRESH 2/9 01/02/03
10004 WAMPLER FOODS TKY BRST OR AVG sell by 07/22/02 -
2 DIAM FRESH 2/9 01/02/03
10005 WAMPLER FOODS TKY BRST OR S/L sell by 07/22/02 -
3 DIAM FRESH 2/9 01/02/03
10006 NO BRAND SMK TKY BRST FRZ 4/9-11 mfg 04/30/02 -
01/02/03
10007 NO BRAND TKY BRST FRZ 4/9-11 mfg 04/30/02 -
01/02/03
10012 WAMPLER FOODS TK BST W/WHT TKY ADD mfg 1192-2832
JULCD 1 DIA FRZ 2/9
10019 WAMPLER FOODS TKY BRST OILB S/L sell by 07/08/02 -
3 DIAM FRESH 2/9 12/19/02
10020 WAMPLER FOODS TKY BRST OILB S/L sell by 07/08/02 -
4 DIAM FRESH 2/5-7 12/19/02
10021 WAMPLER FOODS TKY BRST OILB S/L sell by 07/08/02 -
5 DIAM FRESH 2/7-9 12/19/02
10023 WAMPLER FOODS TKY BRST CAJUN FF sell by 06/24/02 -
4 DIAM FRESH 2/6-7 12/05/02
10091 WAMPLER FOODS TKY HAM RND 15% FRESH 2/9 mfg 1192-2832
10100 WAMPLER FOODS CKN BRST OILB FRESH 2/6-7 sell by 07/08/02 -
12/19/02
11159 WAMPLER FOODS TKY BRST FF 3 DIAM FRESH sell by 07/22/02 -
01/02/03
11180 WAMPLER FOODS CKN BRST PET OILB sell by 07/08/02 -
FRESH 3/4 12/19/02
11824 WAMPLER FOODS TKY HAM 15% FRZ 2/9 mfg 1192-2832
13001 WAMPLER FOODS GMT CKN BRST SL FRESH 2/9 sell by 07/22/02 -
01/02/03
13005 WAMPLER FOODS CKN BRST SL B&R FRESH 2/8 sell by 06/24/02 -
12/05/02
14003 WAMPLER FOODS CKN BRST ROLL sell by 07/08/02 -
W/RIB MEAT FRESH 2/5 12/19/02
15102 WAMPLER FOODS TKY BOLO FRESH 4/5 sell by 07/08/02 -
12/19/02
15103 WAMPLER FOODS TKY BOLO FRESH 2/5 sell by 07/08/02 -
12/19/02
15104 WAMPLER FOODS TKY BOLO FRZ 2/5 - 9M EXP mfg 1192-2832
16855 WAMPLER FOODS TKY WHL BROWN & ROASTED mfg 1192-2832
FRZ 4/12-14
16860 WAMPLER FOODS TKY BRST SL 12/3 sell by 06/12/02 -
SLCD FRESH 11/22/02
16861 WAMPLER FOODS TKY BRST SMK SL sell by 06/26/002 -
SLCD FRESH 12/3 12/06/02
16862 WAMPLER FOODS TKY BRST SL SLCD FRZ 12/3 mfg 1202-2832
16863 WAMPLER FOODS TKY BRST SMK SL mfg 1202-2832
SLCD FRZ 12/3
16864 WAMPLER FOODS FC SMK TKY FRZ 4/12-14 mfg 1192-2832
16867 WAMPLER FOODS TKY BRST S/O SMK mfg 1199-2832
PAN FRZ 6/6 AVG
18503 WAMPLER FOODS TKY HAM SMK 12% FRESH 2/6 sell by 07/08/02 -
12/19/02
18554 WAMPLER FOODS TURKEY HAM +15% WATER mfg 1192-2832
18558 WAMPLER FOODS TKY HAM FRZ 4/10 mfg 04/29/02 -
10/10/02
18559 WAMPLER FOODS TKY HAM FRZ 4/10 mfg 05/01/02 -
10/11/02
18560 WAMPLER FOODS TKY HAM SLICE N TACT mfg 05/01/02 -
15% WA FRZ 4/5 10/11/02
18906 WAMPLER FOODS SMK TKY BRST BONELESS mfg 1192-2832
19407 WAMPLER FOODS DELI CHEF TKY ROLL sell by 07/22/02 -
FRESH 2/9 01/02/03
20091 WAMPLER FOODS TKY HAM RND 15% FRZ 4/10 mfg 1192-2832
20704 WAMPLER FOODS TKY HAM TVRN 20% WA FRZ 2/6 mfg 1192-2832
20806 WAMPLER FOODS TKY BRST SL FRESH 12/3 sell by 06/24/02 -
12/05/02
20856 WAMPLER FOODS TKY BRST SL FRZ 12/3 mfg 1192-2832
21019 WAMPLER FOODS TKY BRST S/L SMK FRESH 12/3 sell by 07/08/02 -
12/19/02
21069 WAMPLER FOODS TKY BRST SL SMK FRZ 12/3 mfg 1192-2832
21132 WAMPLER FOODS TKY PASTRAMI FRESH 3/4 sell by 06/24/02 -
12/05/02
21133 WAMPLER FOODS TKY PASTRAMI FRZ mfg 1192-2832
3/4 JUL CODE
21203 WAMPLER FOODS TKY SALAMI FRESH 4/5 sell by 07/08/02 -
12/19/02
21205 WAMPLER FOODS TKY SALAMI FRESH 2/4-5 sell by 07/08/02 -
12/19/02
21206 WAMPLER FOODS TKY SALAMI FRZ 2/4-5 -- prod 05/02 - 10/02
9M EXP expiry 02/03 -
07/02
21207 WAMPLER FOODS TKY SALAMI FRZ 2/4-5 mfg 1192-2832
21352 WAMPLER FOODS B&R WHL TKY FULLY COOKED Mfg 1192-2832
21357 WAMPLER FOODS TKY WHL B&R FRZ 4/10-12 Mfg 1192-2832
21567 WAMPLER FOODS TKY WHL SMK FRZ 4/10-12 Mfg 1192-2832
30105 WAMPLER FOODS TKY DRK CRD FRESH 2/7 sell by 07/08/02 -
12/19/02
30106 WAMPLER FOODS TKY DRK CRD FRZ Mfg 1192-2832
2/7 JUL CODE
30109 WAMPLER FOODS TKY PASTRAMI FRZ 3/4 Mfg 1192-2832
30111 WAMPLER FOODS TKY PASTRAMI FRESH 3/4 sell by 06/24/02 -
12/05/02
30178 WAMPLER FOODS TKY BRST OVNRST sell by 06/24/02 -
W/BROTH FRESH 3/4.75 12/05/02
30183 WAMPLER FOODS TKY BRST SL SMK Mfg 1192-2832
1 DIAM FRZ 2/9
30229 WAMPLER FOODS TKY WHT SMK FRESH 2/8-9 sell by 07/01/02 -
12/12/02
30309 WAMPLER FOODS TKY BRST ITAL HERB sell by 06/24/02 -
5 DIAM N FRESH 12/05/02
30586 WAMPLER FOODS TKY BRST W/S DELI sell by 06/24/02 -
RST PANRST FRESH 1/7 12/05/02
30856 WAMPLER FOODS TKY BOLO CN 4"D FZ Mfg 1192-2832
31100 WAMPLER FOODS HERT TKY ROLL WHT Mfg 1192-2832
FRESH 2/10
31109 WAMPLER FOODS TKY WHITE ROLL FRZ 2/10 Mfg 1192-2832
31110 WAMPLER FOODS TKY ROLL COMBO FRZ 2/10 Mfg 1192-2832
31131 WAMPLER FOODS TKY BRST SMK S/O 3 DIAM Mfg 1192-2832
FRZ JUL CODE
31210 WAMPLER FOODS TKY HAM 17.5 FRESH 2/8 Mfg 1192-2832
31219 WAMPLER FOODS TKY HAM 15%WA Mfg 1192-2832
TVRN FRESH 2/8-9
31279 WAMPLER FOODS TKY BOLO DELI FRESH 2/10 sell by 07/08/02 -
12/19/02
31404 WAMPLER FOODS 5 DIAM S/L TKY BRST Mfg 1192-2832
A-GR FRZ 2/8
31405 WAMPLER FOODS TKY BRST S/L OVNRST sell by 07/22/02 -
4 DIAM FRESH 2/9 01/02/03
31406 WAMPLER FOODS TKY BRST S/L 5 DIAM FRESH sell by 07/08/02 -
12/19/02
31407 WAMPLER FOODS DELI RST TKY BRST S/O sell by 06/24/02 -
COL PANRST FRESH 12/05/02
31408 WAMPLER FOODS DELI RST TKY HAM COL sell by 07/08/02 -
BLK FOREST FRESH 12/19/02
31410 WAMPLER FOODS TKY BRST S/O sell by 07/22/02-
OVEN ROASTED 4 DIAM FRESH 01/02/03
31411 WAMPLER FOODS DELI RST TKY BRST sell by 06/24/02 -
S/O COL PANRST/BWN 12/05/02
31412 WAMPLER FOODS DRC TKY BRST S/O sell by 06/24/02 -
4 LOBE PANRST 1/10-11 12/05/02
31414 WAMPLER FOODS DELI RST TKY BRST S/O sell by 06/24/02 -
COL ROTISSERIE STY 12/05/02
31415 WAMPLER FOODS DELI RST TKY BST COL sell by 06/24/02 -
CLASSIC SPICE FRESH 12/05/02
31416 WAMPLER FOODS TKY BRST S/L BRWD sell by 06/24/02 -
PEPPERED FRESH 2/6 12/05/02
31417 WAMPLER FOODS TKY BRST S/O 5 DIAM FRESH sell by 07/08/02 -
12/19/02
31418 WAMPLER FOODS TKY BRST SMK S/O Mfg 06/24/02 -
5 DIAM FRESH 12/05/02
31419 WAMPLER FOODS TKY BRST SMK 3 DIAM FRESH Mfg 06/24/02 -
12/05/02
31420 WAMPLER FOODS TKY BRST SMK OVNRST Mfg 06/24/02-
2 DIAM FRESH 2/8 12/05/02
31422 WAMPLER FOODS TKY BRST SMK S/L Mfg 1192-2832
4 DIAM FRZ
31424 WAMPLER FOODS TKY BRST S/L SMK sell by 06/24/02-
4 DIAM FRESH 12/05/02
31425 WAMPLER FOODS TKY BRST S/O SMK sell by 06/24/02 -
4 DIAM FRESH 12/05/02
31426 WAMPLER FOODS TKY BRST HONEY CRD PETITE sell by 06/24/02 -
4 DIAM FRESH 12/05/02
31427 WAMPLER FOODS TKY BRST S/O HONEY SMK sell by 07/22/02 -
4 DIAM FRESH 01/02/03
31428 WAMPLER FOODS TKY BRST S/O OVNBRN sell by 06/24/02 -
4 DIAM FRESH 12/05/02
31429 WAMPLER FOODS 4 DIAM TKY BRST S/L Mfg 1192-2832
NO SALT FRZ 2/7.5
31431 WAMPLER FOODS TKY BRST S/L SMK sell by 06/24/02 -
5 DIAM FRESH 2/9 12/05/02
31474 WAMPLER FOODS TKY BRST PETITE S/L sell by 07/22/02 -
4 DIAM FRESH 01/02/03
31491 WAMPLER FOODS TKY BRST O/R S/O 4 DIAM FRZ Mfg 1192-2832
31526 WAMPLER FOODS TKY BRST MESQ SMK HNY CRD sell by 06/24/02 -
4 DIAM FRESH 12/05/02
31591 WAMPLER FOODS BRST TKY S/L SMK sell by 06/24/02 -
1 DIAM FRESH 2/9 12/05/02
31595 WAMPLER FOODS TKY BST BRWN SUGAR sell by 06/24/02 -
5 DIAM FRESH 2/8-9 12/05/02
31606 WAMPLER FOODS TKY BRST HNY SMK FF sell by 06/24/02 -
3 DIAM FRESH 2/8 12/05/02
31613 WAMPLER FOODS TKY BRST S/L sell by 06/24/02 -
PANRST FRESH 2/7 12/05/02
31616 WAMPLER FOODS TKY BRST HNYRST sell by 06/24/02 -
5 DIAM FRESH 12/05/02
31630 WAMPLER FOODS TKY BRST SMK S/O 4 DIAM FRZ mfg 1192-2832
31631 WAMPLER FOODS TKY BST HNY CURED mfg 1192-2832
4 DIAM FRZ
31671 WAMPLER FOODS TKY WHT ROLL FRESH mfg 1192-2832
31672 WAMPLER FOODS TKY SMK WHT ROLL FRESH mfg 1192-2832
31673 WAMPLER FOODS TKY SMK WHT ROLL FRESH BOX sell by 07/08/02 -
12/19/02
31674 WAMPLER FOODS TKY BRST BRN & RST FRZ mfg 1192-2832
31675 WAMPLER FOODS TKY DRUMSTICK SMK FRZ 30 mfg 1192-2832
31760 WAMPLER FOODS HOMESTYLE TKY BRST mfg 06/24/02 -
FRESH 2/4.5 12/05/02
70110 WAMPLER FOODS 2NDS TKY BRST S/L mfg 1192-2832
OVNRST 3 DIAM(10005)SS
80352 WAMPLER FOODS TKY HAM CHNK 20% sell by 07/08/02 -
WA FRESH 12/2 12/19/02
80353 WAMPLER FOODS TKY HAM 20% WA sell by 07/08/02 -
TVRN FRESH 2/6 12/19/02
Other Brands
Item
Code Description Code Date
---- ----------- ---------
12953 BLOCK & BARREL TKY BRST OILB FRESH 2/9 mfg 04/30/02 -
& 6429534 11/10/02
12958 BLOCK & BARREL IMP TKY BRST SMK mfg 04/30/02 -
& 62429583 SO FRESH 2/8 10/10/02
30257 BLOCK & BARREL SUP TKY S/O mfg 04/30/02 -
& 2378271 PANRST FRESH 2/6 10/10/02
30258 BLOCK & BARREL SUP TKY BRST S/O mfg 04/30/02 -
& 2570158 NATBRWN FRESH 1/6 10/10/02
30260 BLOCK & BARREL SUP TKY S/O SMK mfg 04/30/02 -
& 2378289 PANRST FRESH 2/6 10/10/02
30261 BLOCK & BARREL SUP TKY BST S/O mfg 04/30/02 -
& 2570174 SMK NATBRN FRESH 1/6 10/10/02
30268 BLOCK & BARREL IMP TKY BRST SL mfg 04/30/02 -
& 2378297 OVNRST FRESH 2/9 10/10/02
30271 BLOCK & BARREL REL TKY BRST SL mfg 04/30/02 -
& 2812238 SMK FRESH 2/8.5 10/10/02
30283 BLOCK & BARREL TKY ROTIS S/O mfg 04/30/02 -
& 2527406 PANRST FRESH 2/6 10/10/02
30285 BLOCK & BARREL IMP TKY BRST HNY RST FRESH mfg 04/30/02 -
& 3444932 10/10/02
30286 BLOCK & BARREL IMP TKY BRST mfg 04/30/02 -
& 3444668 HICKORY SMK FRESH 2/9 10/10/02
30391 BLOCK & BARREL CLSC TKY S/O mfg 04/30/02 -
& 2378321 PANRST FRESH 1/10 10/10/02
30401 BLOCK & BARREL CLSC TKY S/O SMK FRESH 2/8 mfg 04/30/02 -
& 2378313 10/10/02
30406 BLOCK & BARREL CLSC TKY BRST mfg 04/30/02 -
& 2378305 SL OVNRST FRESH 2/9 10/10/02
30408 BLOCK & BARREL TKY HAM BLK FRST mfg 04/30/02 -
& 2378263 FRESH 2/5.5 10/10/02
30651 BLOCK & BARREL CLSC TKY HAM 20% mfg 04/30/02 -
& 1253236 WA FRESH 2/6-7 10/10/02
30652 BLOCK & BARREL CLSC TKY PASTRAMI mfg 04/30/02 -
& 1253228 FRESH 3/4 10/10/02
30655 BLOCK & BARREL CLSC TKY BOLB FRZ 2/10 mfg 04/30/02 -
& 1142876 10/10/02
30662 BLOCK & BARREL REL TKY HAM-CN FRESH 2/8 mfg 04/30/02 -
& 2184083 10/10/02
30666 BLOCK & BARREL REL TKY WHITE mfg 1192-2832
& 1131754 ROLL FRZ 2/10
30673 BLOCK & BARREL REL TKY BRST WHT mfg 1192-2832
& 1355528 OVNRST FRESH 2/9
30674 BLOCK & BARREL CLS TKY BRST S/L mfg 1192-2832
& 3760691 OILB FRESH 2/9
30676 BLOCK & BARREL HERT TKY WHITE mfg 1192-2832
& 1031889 ROLL FRZ 2/10
30677 BLOCK & BARREL HERT TKY CB ROLL FRZ 2/10 mfg 1192-2832
& 1043223
30884 BLOCK & BARREL REL TKY BRST mfg 04/30/02 -
& 2378339 S/L FRESH 2/9 2378339 10/10/02
31303 BLOCK & BARREL IMP TKY BRST HNY mfg 04/30/02 -
& 6429575 SMK FRESH 2/8 10/10/02
31360 BLOCK & BARREL IMP TKY BRST S/O mfg 04/30/02 -
& 1519164 OILB FRESH 2/9 10/10/02
31372 BLOCK & BARREL TKY BRST MESQ mfg 04/30/02 -
& 3724143 SMK FRESH 2/9 10/10/02
31386 BLOCK & BARREL REL TKY BRST SMK FRESH 2/9 mfg 04/30/02 -
& 4026001 10/10/02
31471 SWIRL CLS CRACKED BLACK PEPPER TKY BRST mfg 1192-2832
& 7160823
31472 BLOCK & BARREL TKY BRST SWIRL CAJUN FRESH mfg 04/30/02 -
& 7162183 10/10/02
31597 BLOCK & BARREL TKY BRST SUP ALL NTRL mfg 1192-2832
& 8114183 S/O FRESH 2/7
31629 BLOCK & BARREL IMP TKY BRST S/O FRESH 2/9 mfg 04/30/02 -
& 7135759 10/10/02
31653 BLOCK & BARREL IMP TKY BRST S/L FRESH 2/9 mfg 04/30/02 -
& 3816444 10/10/02
31654 BLOCK & BARREL CLS TKY BRST S/L FRESH 2/9 mfg 04/30/02 -
& 3816642 10/10/02
10744 EXEC CHEF TKY BRST OILB - JUL DATE mfg 2119-2283
10750 EXEC CHEF TKY BRST OILB - 45 SBDATE sell by 06/13/02 -
11/24/02
10754 EXEC CHEF TKY BRST OILB - 50 SBDATE sell by 06/18/02 -
11/29/02
10764 EXEC CHEF TKY BRST OILB - 50 SBDATE sell by 06/18/02 -
11/29/02
11176 MID TKY BRST SL SMK FRZ 3/5 mfg 1192-2832
11178 MID TKY SAL FRZ 4/5 mfg 1192-2832
11179 MID TKY BOLO FRZ 4/5 mfg 1192-2832
13004 MC TURKEY WHOLE B&R FRZ mfg 1192-2832
18572 MID TKY HAM FRZ 2/7 mfg 1192-2832
18906 MARAMOUNT SMK TKY BRST D-LOG BIN mfg 1192-2832
20501 WALNUT CREEK TKY HAM 20%WA FRESH sell by 07/08/02 -
12/19/02
21171 MID TKY PASTRAMI FRZ 3/4 mfg 1192-2832
30001 VICTORY MKT OR FF TKY BRST SL FR2/7-9# sell by 07/22/02 -
01/02/03
30005 GOLDEN ACRE TKY BRST S/L OVNRST sell by 07/22/02 -
FRESH 2/8-9 01/02/03
30200 BONO BBQ TKY BRST FRESH 2/9 sell by 07/22/02 -
01/02/03
30207 VP TKY WHT W/SKIN & BINDERS ADDED 2/8-9 sell by 07/22/02 -
01/02/03
30225 VP TKY BRST OVNRST W/WHT MT FRESH 2/8-9 sell by 07/22/02 -
01/02/03
30293 OLD NEIGHBORHOOD CK BST OILB FRESH 2/6-7 sell by 07/08/02 -
12/19/02
30296 OLD NEIGHBORHOOD TKY BST OILB THIN&TRIM sell by 07/01/02 -
12/12/02
30442 FARMERS CHOICE TKY SALAMI CN FRESH 2/10 mfg 1192-2832
30820 BLC&BAR IMP TK BST S/O OILB PANRST 2/5-6 mfg 1192-2832
& 7147549
30849 FARMERS CHOICE TKY PAST 4"D FSH CN 2/8 mfg 1192-2832
& 56-7551
30946 OLD NEIGHBORHOOD TKY BRST S/L SMK LS sell by 07/01/02 -
FRESH 2/8 12/12/02
30948 OLD NEIGHBORHOOD TKY BRT S/L OVNRST sell by 07/01/02 -
LS FRESH 2/8 12/12/02
30975 KOHLER TKY BST S/L PANRST (3L) FRESH 1/7 sell by 06/24/02 -
12/05/02
31318 WEST BEEF TKY HAM RTL CHP/FRM FRESH 12/2 sell by 07/08/02-
12/19/02
31637 PP TKY WHL SMK FRZ FC 4/8-10(ENGLISH) mfg 1192-2832
31669 PP CAJUN STYLE TURKEY mfg 1192-2832
31766 PP CAJUN STYLE TURKEY mfg 1192-2832
31768 CLASSIC TKY DRUMSTICK SMK FRZ 30 mfg 04/30/02 -
& 7086820 10/10/02
85105 THUMANN EXEC CHEF TKY BST OILB-50 SBDATE sell by 06/18/02
EXHIBIT 99.2
PILGRIM'S PRIDE COMMENTS ON FINANCIAL EFFECT OF WAMPLER FOODS PRODUCT RECALL
Voluntary Recall Represents Less Than 1 Percent of Company's Total Annual
Production
FRANCONIA, Pa., Oct. 14 /PRNewswire-FirstCall/ -- Pilgrim's Pride Corporation
(NYSE: CHX) states it believes that the nationwide voluntary recall of its
Wampler Foods ready-to-eat deli products should not have a material adverse
effect on its financial condition.
The voluntary recall by Wampler was a precautionary step taken because
environmental sampling suggested the continued presence in its plant in
Franconia of the strain of Listeria in the Oct. 9 recalled product. No illnesses
associated with the Listeria strain in the Northeastern U.S. outbreak have been
linked to any Wampler products.
"First and foremost, Wampler is committed to the integrity and safety of its
products and is proactively undertaking this voluntary recall in full
cooperation with the Department of Agriculture," said David Van Hoose, chief
executive officer.
The amount of product covered by the recall is approximately 7 percent of the
company's annual turkey production and less than 1 percent of its total poultry
production.
"In matters directly relating to this recall, we believe our Company is
adequately covered by its insurance program, however, there could always be
differences between the accounting periods in which recall effects are realized
and when insurance recoveries are received," added Rick Cogdill, chief financial
officer.
Statements contained in this press release that state the intentions, hopes,
beliefs, anticipations, expectations or predictions of the future of Pilgrim's
Pride Corporation and its management are forward-looking statements. It is
important to note that the actual results could differ materially from those
projected in such forward-looking statements. For example, factors that could
cause actual results to differ materially from those projected in such
forward-looking statements include: changes in the commodity prices of feed
ingredients, chicken and turkey; disease outbreaks affecting the production
performance and/or marketability of the Company's poultry products; product
liability claims, product recalls and adverse effects on product marketability
associated with product contamination; the Company's indebtedness; insurance
coverage and exclusions related thereto; risks associated with the Company's
foreign operations, including currency exchange rate fluctuations, trade
barriers, exchange controls and expropriation; the impact of current and future
laws and regulations; risks associated with the Company's integration of WLR
Foods, Inc. into the Company; and the other risks described in the Company's SEC
filings.
For further information contact:
Richard A. Cogdill
Chief Financial Officer
(903) 855-4208
