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PILGRIMS PRIDE (PPC)

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Earnings summaries and quarterly performance for PILGRIMS PRIDE.

Recent press releases and 8-K filings for PPC.

Pilgrim's Just Bare Brand Achieves $1 Billion in Annual Sales
PPC
Revenue Acceleration/Inflection
New Projects/Investments
  • Pilgrim's Just Bare brand surpassed $1 billion in annual retail sales in 2025, achieving a 45% annual growth rate and the fastest sales momentum in its category.
  • The brand has significantly expanded its market presence, growing its market share from 1% to 13% in just three years and now holds the #1 position in sales pace within the fully cooked chicken category.
  • To support continued growth and meet rising demand, JBS, Pilgrim's majority shareholder, is constructing a new prepared chicken facility in Walker County, Ga., specifically for Just Bare products.
Feb 19, 2026, 8:00 PM
Pilgrim's Pride Reports Strong FY 2025 Results and Provides 2026 Outlook
PPC
Earnings
Guidance Update
New Projects/Investments
  • Pilgrim's Pride achieved new financial milestones in fiscal year 2025, with net revenues reaching $18.5 billion and Adjusted EBITDA rising to $2.3 billion, resulting in an Adjusted EBITDA margin of 12.3%.
  • For the fourth quarter of 2025, the company reported net revenues of $4.52 billion and Adjusted EBITDA of $415.1 million, with an Adjusted EBITDA margin of 9.2%. The U.S. and Europe segments showed strong performance, with U.S. Adjusted EBITDA at $274.2 million (10.6% margin) and Europe's Adjusted EBITDA increasing 12.2% to $131.4 million compared to the prior year quarter. Mexico's Q4 Adjusted EBITDA was $9.5 million, impacted by increased imports and unbalanced live market fundamentals.
  • Looking ahead to 2026, Pilgrim's Pride forecasts net interest expense between $115 million and $125 million, an effective tax rate of approximately 25%, and CapEx spending between $900 million and $950 million. Depreciation and amortization are projected to be about $520 million, and SG&A expenses are estimated at around $140 million per quarter.
  • The company is progressing with significant investments, including growth projects in Mexico, a Big Bird plant conversion, and a new prepared foods facility in Georgia, with $1.3 billion planned for Mexico investments through 2030. Demand for chicken remains strong due to its affordability, creating record pricing spreads against other proteins, while the USDA projects moderate U.S. production growth of 1% in 2026.
Feb 12, 2026, 2:00 PM
Pilgrim's Pride Reports Q4 and Full Year 2025 Financial Results
PPC
Earnings
Guidance Update
New Projects/Investments
  • Pilgrim's Pride reported fiscal year 2025 net revenues of $18.5 billion and Adjusted EBITDA of $2.27 billion, with a 12.3% Adjusted EBITDA margin. For Q4 2025, net revenues were $4.52 billion and Adjusted EBITDA was $415.1 million, with a 9.2% Adjusted EBITDA margin.
  • The U.S. segment delivered strong performance with FY 2025 net revenues of $11 billion and Adjusted EBITDA of $1.63 billion, while Europe's Adjusted EBITDA improved 11.4% to $453.1 million. However, Mexico's Adjusted EBITDA for Q4 2025 was $9.5 million, impacted by increased imports and market volatility.
  • For 2026, the company forecasts net interest expense between $115 million and $125 million, an effective tax rate of approximately 25%, and depreciation and amortization of about $520 million. Capital expenditures are projected to be $900 million to $950 million.
  • Management emphasized strong chicken demand driven by affordability, with the USDA projecting moderate production growth of 1% in 2026. Strategic investments include $1.3 billion in Mexico through 2030 and conversions/upgrades in U.S. plants to enhance capacity and efficiency.
Feb 12, 2026, 2:00 PM
Pilgrim's Pride Reports Q4 2025 Financial Results
PPC
Earnings
Demand Weakening
  • Pilgrim's Pride reported Net Revenue of $4,517.8 million, Net Income of $87.9 million, and Earnings Per Share (EPS) of $0.37 for Q4 2025.
  • The company's Adjusted EBITDA for Q4 2025 was $415.1 million, with an Adjusted EBITDA Margin of 9.2%.
  • Operationally, broiler placements increased 1.1% above year-ago levels in Q4 2025, and total chicken inventories ended the quarter up 3.9% year-over-year.
  • Jumbo Cutout and WOG pricing were below year-ago and 5-year averages in Q4 2025, and the U.S. segment's growth was offset by year-over-year declines in commodity market pricing.
Feb 12, 2026, 2:00 PM
Pilgrim's Pride Reports Q4 and Full Year 2025 Results
PPC
Earnings
New Projects/Investments
  • Pilgrim's Pride achieved new financial milestones in fiscal year 2025, with net revenues reaching $18.5 billion and Adjusted EBITDA rising to $2.3 billion, resulting in an Adjusted EBITDA margin of 12.3%. For the fourth quarter of 2025, net revenues were $4.52 billion and Adjusted EBITDA was $415.1 million, yielding a 9.2% margin.
  • The U.S. business grew both top and bottom lines for FY 2025, while Europe's Adjusted EBITDA improved 11.4% to $453.1 million. Mexico's Q4 Adjusted EBITDA was $9.5 million, a decrease from $36.9 million in the prior year, attributed to increased imports and market volatility.
  • The company plans significant investments, forecasting 2026 capital expenditure (CapEx) between $900 million and $950 million, up from $711 million spent in 2025, to support growth projects in Mexico and a new prepared foods facility in Georgia, with some investments extending into 2027.
  • Pilgrim's Pride maintains a strong financial position with net debt of approximately $2.45 billion and a leverage ratio of less than 1.1 times its last twelve months Adjusted EBITDA.
Feb 12, 2026, 2:00 PM
Pilgrim's Pride Reports Q4 and Full-Year 2025 Financial Results
PPC
Earnings
New Projects/Investments
Legal Proceedings
  • Net sales for the fourth quarter of 2025 increased to $4,517,837 thousand from $4,372,064 thousand in the prior year quarter, and full-year 2025 net sales rose to $18,497,553 thousand from $17,878,291 thousand in full-year 2024.
  • Adjusted EBITDA for Q4 2025 was $415,145 thousand, a decrease from $525,720 thousand in Q4 2024, while full-year 2025 Adjusted EBITDA increased to $2,268,370 thousand from $2,213,930 thousand in full-year 2024.
  • Adjusted EPS for Q4 2025 was $0.64, down from $1.35 in Q4 2024, and full-year 2025 Adjusted EPS was $5.17, a decrease from $5.42 in full-year 2024.
  • Capital spending for fiscal year 2025 reached $711 million, significantly higher than $461 million in 2024, reflecting continued investment in strategic projects.
  • Industry data for Q4 2025 indicated that total chicken inventories were up 3.9% year-over-year, with broiler inventories increasing by 28.8% year-over-year and hens by 153.8% year-over-year.
Feb 12, 2026, 2:54 AM
Pilgrim's Pride Reports Fourth Quarter and Year-End 2025 Results
PPC
Earnings
Dividends
Revenue Acceleration/Inflection
  • Pilgrim's Pride Corporation reported Net Sales of $18.5 billion for the full year 2025 and $4.5 billion for the fourth quarter of 2025.
  • For full-year 2025, GAAP Net Income was $1.1 billion with GAAP EPS of $4.54, while Adjusted Net Income was $1.2 billion with Adjusted EPS of $5.17.
  • The company achieved Adjusted EBITDA of $2.3 billion for 2025, representing a 12.3% margin.
  • In 2025, Pilgrim's Pride returned $2 billion in cash to shareholders through special dividends.
Feb 12, 2026, 2:54 AM
Pilgrim's Pride Reports Fourth Quarter and Year-End 2025 Results
PPC
Earnings
Dividends
New Projects/Investments
  • Pilgrim's Pride reported full-year 2025 Net Sales of $18.5 billion, GAAP EPS of $4.54, and Adjusted EPS of $5.17, with Adjusted EBITDA of $2.3 billion.
  • For the fourth quarter of 2025, the company achieved Net Sales of $4.5 billion, GAAP EPS of $0.37, and Adjusted EPS of $0.68, with Adjusted EBITDA of $415.1 million.
  • In 2025, the company returned $2 billion in cash to shareholders through special dividends and maintained a strong liquidity position with a net leverage ratio less than 1.1X Adjusted EBITDA.
  • Strategic highlights include Just Bare® achieving one billion dollars in retail sales and U.S. Prepared Foods net sales rising over 20% compared to the prior year.
Feb 11, 2026, 9:44 PM
Pilgrim's Pride Reports Q3 2025 Results and Provides Business Updates
PPC
Earnings
New Projects/Investments
Guidance Update
  • Pilgrim's Pride reported net revenues of $4.76 billion and adjusted EBITDA of $633.1 million for Q3 2025, resulting in an adjusted EBITDA margin of 13.3%. This compares to net revenues of $4.58 billion and adjusted EBITDA of $660.4 million with a 14.4% margin in Q3 2024.
  • The company is executing on growth investments in the U.S. and Mexico, including converting a Big Bird facility to Case Ready, constructing new protein conversion and prepared foods plants, all of which remain on schedule. These investments aim to enhance competitive differentiation, diversify the portfolio, and improve operating efficiencies.
  • Pilgrim's Pride anticipates full-year CapEx to approximate $700 million and has paid $2 billion in dividends this year. The company maintains a strong balance sheet with net debt less than $2.5 billion and a leverage ratio of slightly more than 1x its last 12 months adjusted EBITDA as of Q3 2025.
  • The USDA forecasts a 2% year-over-year increase in broiler production for 2025, with a 2.3% increase during Q4, while overall protein availability is projected to grow only 0.8%. The company expects strong demand for chicken to continue into 2026, with no significant increase in chicken supply anticipated.
Oct 30, 2025, 1:00 PM
Pilgrim's Pride Corporation Announces Q3 2025 Financial Results
PPC
Earnings
Demand Weakening
Dividends
  • Pilgrim's Pride Corporation (PPC) reported Net Revenue of $4,759.3 million for Q3 2025, an increase from $4,585.0 million in Q3 2024, but experienced a decline in profitability with Net Income of $343.1 million and Earnings Per Share (EPS) of $1.44, down from $350.0 million and $1.47 respectively in Q3 2024.
  • The company's Adjusted EBITDA decreased to $633.1 million in Q3 2025 from $660.4 million in Q3 2024, resulting in an Adjusted EBITDA Margin of 13.3%, down from 14.4%.
  • This decrease in profitability was primarily driven by lower pricing late in the quarter in the U.S., lower market prices and live production challenges in Mexico, and product mix and volume declines in Europe.
  • SG&A expenses increased due to legal settlements and defense costs, and net interest rose due to a lower cash balance following $2 billion in dividends paid in 2025.
Oct 30, 2025, 1:00 PM