---
schema_version: "secwatch.filing_event.v1"
accession: "0000802481-23-000085"
form_type: "8-K"
ticker: "PPC"
cik: "0000802481"
company_name: "PILGRIMS PRIDE CORP"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:17:33.972208+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride Q3 net sales $4.4B; GAAP EPS $0.51 down 53% YoY; adjusted EPS $0.58

## Summary
- Net sales of $4.36B, down 2.4% YoY; operating income $206.4M (-39.2%) and net income $121.6M.
- Adjusted EBITDA $324.0M (7.4% margin); margins: US 7.0%, UK/Europe 6.1%, Mexico 12.4%.
- Branded offerings Just Bare and Pilgrim's grew combined net sales 65% YoY.
- Operational improvements supported sequential margin gains across all regions despite uneven markets.
- Athens, GA expansion started production; protein conversion plant in South Georgia on track.

## SEC filing metadata
- accession: 0000802481-23-000085
- form_type: 8-K
- ticker: PPC
- cik: 0000802481
- company_name: PILGRIMS PRIDE CORP
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/802481/000080248123000085/0000802481-23-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802481/000080248123000085/ppc-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-23-000085
- JSON: https://secwatch.observer/filing/0000802481-23-000085.json
- Plain text: https://secwatch.observer/filing/0000802481-23-000085.txt

## Key facts
- Earnings Releases
  PILGRIMS PRIDE CORP reported third quarter 2023 results: revenue $4.4 billion, net income $121.6 million, EPS $0.51.
  - Period: third quarter 2023
  - Revenue: $4.4 billion
  - Net income: $121.6 million
  - EPS: $0.51
  - Result: reported results
  source text: Pilgrim’s Pride Reports Third Quarter 2023 Results with $4.4 Billion in Net Sales and Operating Income of $206.4 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/802481/000080248123000085/0000802481-23-000085-index.htm

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