---
schema_version: "secwatch.filing_event.v1"
accession: "0000802481-24-000010"
form_type: "8-K"
ticker: "PPC"
cik: "0000802481"
company_name: "PILGRIMS PRIDE CORP"
filed_at: "2024-02-26T23:59:59+00:00"
generated_at: "2026-06-05T16:06:05.581862+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride Q4 adjusted EPS $0.59 vs loss year ago; FY revenue down 0.6%

## Summary
- GAAP EPS $0.57 in Q4, $1.36 for FY; adjusted EPS $0.59 and $1.69.
- Q4 net sales $4.5B (+9.7% YoY); FY net sales $17.4B (-0.6% YoY).
- Adjusted EBITDA Q4 $309.5M (6.8% margin); FY $1.03B (6.0% margin).
- U.S. fresh portfolio resilient; Prepared Foods branded sales (Just Bare, Pilgrim's) grew over 59% YoY.
- Mexico branded volumes up nearly double digits YoY; adjusted EBITDA margin 8.7% for FY.

## SEC filing metadata
- accession: 0000802481-24-000010
- form_type: 8-K
- ticker: PPC
- cik: 0000802481
- company_name: PILGRIMS PRIDE CORP
- filed_at: 2024-02-26T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802481/000080248124000010/0000802481-24-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802481/000080248124000010/ppc-20240226.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-24-000010
- JSON: https://secwatch.observer/filing/0000802481-24-000010.json
- Plain text: https://secwatch.observer/filing/0000802481-24-000010.txt

## Key facts
- Earnings Releases
  PILGRIMS PRIDE CORP reported Fourth Quarter results: revenue $4.5 billion, net income $134.7 million, EPS $0.57.
  - Period: Fourth Quarter
  - Revenue: $4.5 billion
  - Net income: $134.7 million
  - EPS: $0.57
  - Result: reported results
  source text: Fourth Quarter • Net Sales of $4.5 billion. • Consolidated GAAP Operating Income margin of 4.1%. • GAAP Net Income of $134.7 million and GAAP EPS of $0.57.
  evidence_url: https://www.sec.gov/Archives/edgar/data/802481/000080248124000010/0000802481-24-000010-index.htm
- Earnings Releases
  PILGRIMS PRIDE CORP reported 2023 results: revenue $17.4 billion, net income $321.6 million, EPS $1.36.
  - Period: 2023
  - Revenue: $17.4 billion
  - Net income: $321.6 million
  - EPS: $1.36
  - Result: reported results
  source text: 2023 Highlights • Net Sales of $17.4 billion. • Consolidated GAAP Operating Income margin of 3.0%. • GAAP Net Income of $321.6 million and GAAP EPS of $1.36.
  evidence_url: https://www.sec.gov/Archives/edgar/data/802481/000080248124000010/0000802481-24-000010-index.htm

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