secwatch.observer — SEC 8-K summary
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Issuer:     PILGRIMS PRIDE CORP (PPC)
CIK:        0000802481
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0000802481-22-000098
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pilgrim's Pride Q3 net sales $4.47B, +16.8% YoY; GAAP EPS $1.08, operating margin 7.6%
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- Net sales $4.47B (+16.8% YoY); GAAP EPS $1.08 (prior year $0.25); adjusted EPS $1.09.
- U.S. operating margin 11.9%, Mexico (3.2)%, Europe 1.2%; consolidated margin 7.6%.
- Adjusted EBITDA $460.5M (10.3% margin), up 32.7% YoY.
- Just Bare and Pilgrim's branded retail grew >45% YoY; e-commerce >65%.
- Net leverage ratio 1.33; organic growth projects on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/802481/000080248122000098/0000802481-22-000098-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/802481/000080248122000098/ppc-20221026.htm
  HTML page:      https://secwatch.observer/filing/0000802481-22-000098

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