Sales increased 4.6% in the first quarter behind private label momentum.

Improvements were made across business units with the exception of JBS Beef North America.

Comparable-store sales in North America dip 1.8% in the first quarter.

The news follows the company’s weak first-half financial performance.

Volume of product sold during the first quarter fell 16%.

Net income climbs 20% in the first quarter.

Cattle supply shortage and pensive consumer spending pose headwinds to the company’s ability to rebound from a challenging 2023.

The company updated its early success in Europe and Mexico.

The company is considering a national value platform.

The company released its second annual Integrated Report that details financial, governance and sustainability goals.