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PILGRIMS PRIDE CORP (PPC) Form 8-K — Jul 29, 2026

$PPCForm 8-KItems 2.02, 9.01Filed Jul 29, 2026, 7:52 PM ET0000802481-26-000049Original filing

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

1 day: +2.1%7 days: -8.9%30 days: +6.6%

Close on the filing date to close N calendar days later (from $29.19). Historical, not a forecast.

AI analysis

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.