{"schema_version":"secwatch.filing_event.v1","accession":"0000802481-23-000033","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2023-04-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.303352+00:00","generated_at":"2026-06-16T10:22:04.096028+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pilgrim's Pride Q1 net sales $4.2B, GAAP EPS $0.02 (down 98% YoY)","bullets":["GAAP net income $5.6M ($0.02 EPS) vs $367M ($1.15) last year; adjusted EPS $0.08.","Net sales $4.17B, down 1.8% YoY; operating income $31.3M vs $402M (-92%).","Adjusted EBITDA $151.9M (3.6% margin) vs $501.8M (11.8%) last year.","Prepared Foods branded sales (Just Bare, Pilgrim's) grew >68% YoY; e-commerce share 19%.","$1B unsecured investment grade bond offering completed, significantly oversubscribed."],"urls":{"canonical":"https://secwatch.observer/filing/0000802481-23-000033","json":"https://secwatch.observer/filing/0000802481-23-000033.json","markdown":"https://secwatch.observer/filing/0000802481-23-000033.md","text":"https://secwatch.observer/filing/0000802481-23-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000033/0000802481-23-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000033/ppc-20230426.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T10:22:04.096028+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":"c2bef0df958317356ef4700b0dae60a04e12f70f","claim":"PILGRIMS PRIDE CORP reported the first quarter 2023 results: revenue $4.2 billion, net income $5.6 million, EPS $0.02.","evidence_excerpt":"Pilgrim’s Pride Corporation (NASDAQ: PPC), one of the world's largest poultry producers, reports its first quarter 2023 financial results. First Quarter Highlights • Net Sales of $4.2 billion. • GAAP Net Income of $5.6 million and GAAP EPS of $0.02.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000080248123000033/0000802481-23-000033-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter 2023"},{"label":"Revenue","value":"$4.2 billion"},{"label":"Net income","value":"$5.6 million"},{"label":"EPS","value":"$0.02"},{"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"}