---
schema_version: "secwatch.filing_event.v1"
accession: "0000802481-22-000039"
form_type: "8-K"
ticker: "PPC"
cik: "0000802481"
company_name: "PILGRIMS PRIDE CORP"
filed_at: "2022-04-28T23:59:59+00:00"
generated_at: "2026-06-26T03:44:07.069544+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride Q1 net sales $4.24B (+30% YoY); adj. EPS $1.18, adj. EBITDA $501.8M

## Summary
- GAAP net income $280.6M ($1.15 EPS); adjusted EPS $1.18; adjusted EBITDA margin 11.8%.
- US operating margin 13.8%; Mexico 14.7%; Europe -1.8% on labor and input cost headwinds.
- US foodservice sales volumes returned to pre-COVID levels; retail branded sales strong.
- Just Bare brand up 49% YoY; e-commerce sales more than tripled.
- Adjusted EBITDA net leverage ratio 1.75x; liquidity remains strong.

## SEC filing metadata
- accession: 0000802481-22-000039
- form_type: 8-K
- ticker: PPC
- cik: 0000802481
- company_name: PILGRIMS PRIDE CORP
- filed_at: 2022-04-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802481/000080248122000039/0000802481-22-000039-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802481/000080248122000039/ppc-20220427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-22-000039
- JSON: https://secwatch.observer/filing/0000802481-22-000039.json
- Plain text: https://secwatch.observer/filing/0000802481-22-000039.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.