{"schema_version":"secwatch.filing_event.v1","accession":"0000802481-23-000008","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2023-02-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:48.127390+00:00","generated_at":"2026-06-19T21:10:14.261475+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pilgrim's Pride Q4 GAAP net loss $155M; full-year adjusted EBITDA $1.6B, up 27.9%","bullets":["Q4 net loss of $155M (-$0.66 EPS); adjusted loss $115.1M (-$0.49 EPS).","Full-year net sales $17.5B (+18.2%); adjusted EBITDA $1.6B (+27.9%); adjusted EPS $3.34.","Q4 adjusted EBITDA margin fell to 1.5% from 7.8% YoY; US 0.6%, Mexico -3.4%, Europe 5.1%.","Management cites unprecedented commodity cutout decline and persistent inflation as headwinds.","U.S. diversified portfolio (Case Ready, Small Bird, Prepared) partly offset commodity weakness."],"urls":{"canonical":"https://secwatch.observer/filing/0000802481-23-000008","json":"https://secwatch.observer/filing/0000802481-23-000008.json","markdown":"https://secwatch.observer/filing/0000802481-23-000008.md","text":"https://secwatch.observer/filing/0000802481-23-000008.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000008/0000802481-23-000008-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000008/ppc-20230208.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T21:10:14.261475+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4daafc3ea228d33b8ddab03e8ebf6507f43b74ab","claim":"PILGRIMS PRIDE CORP reported the fiscal year ended December 25, 2022 results: revenue $17.5 billion, net income $745.9 million, EPS $3.34.","evidence_excerpt":"Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its fourth quarter and year-end 2022 financial results. 2022 Highlights • Net Sales of $17.5 billion, up 18.2% from prior year. • Consolidated GAAP Operating Income margin of 6.7% with GAAP operating income margins of 10.2% in U.S., 4.5% in Mexico, and break-even in Europe. •","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000008/0000802481-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 25, 2022"},{"label":"Revenue","value":"$17.5 billion"},{"label":"Net income","value":"$745.9 million"},{"label":"EPS","value":"$3.34"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f0f752b7cdd37655de87d12bd5c5626955a82b6d","claim":"PILGRIMS PRIDE CORP reported the three months ended December 25, 2022 results: revenue $4.1 billion, net income $155.0 million and negative GAAP EPS of $0.66.","evidence_excerpt":"Fourth Quarter • Net Sales of $4.1 billion. • GAAP Net Loss of $155.0 million and negative GAAP EPS of $0.66.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000008/0000802481-23-000008-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended December 25, 2022"},{"label":"Revenue","value":"$4.1 billion"},{"label":"Net income","value":"$155.0 million and negative GAAP EPS of $0.66"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}