PILGRIMS PRIDE CORP (PPC) Form 8-K — Jul 29, 2026
Pilgrim's Pride Corporation reported second quarter 2026 net sales of $4.6 billion, a 2.8% decrease from the prior year. GAAP net income fell sharply to $13.2 million, or $0.06 per share, down from $356 million in the same period last year, driven by commodity market pricing reductions and oversupply. Adjusted EBITDA declined 47.6% to $360.0 million, with an adjusted EBITDA margin of 7.8%. The company noted that while profitability declined year-over-year due to counter-seasonal market movements, margins improved sequentially from the previous quarter following plant upgrades and operational gains.
Key figures
- Eps
- $0.06
- Revenue
- $4.6 billion
- Net Income
- $13.2 million
- Cash Position
- $388.8 million
- Adjusted EPS
- $0.64
- Adjusted EBITDA
- $360.0 million
- Net Leverage Ratio
- 1.43x
- Adjusted EBITDAMargin
- 7.8%
Price after filing
Close on the filing date to close N calendar days later (from $29.19). Historical, not a forecast.
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