---
schema_version: "secwatch.filing_event.v1"
accession: "0000802481-24-000034"
form_type: "8-K"
ticker: "PPC"
cik: "0000802481"
company_name: "PILGRIMS PRIDE CORP"
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T01:14:00.122726+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride Q1 EPS $0.73 vs $0.02 YoY; net sales $4.36B +4.7%

## Summary
- GAAP net income $174.9M ($0.73 EPS); adjusted EPS $0.77; operating income $250.3M, up 699.7%.
- Consolidated adjusted EBITDA $371.9M (8.5% margin); US 9.4%, Europe 6.4%, Mexico 9.2%.
- Prepared Foods branded sales (Just Bare, Pilgrim's) grew 30% YoY; Richmond +6.5%, Fridge Raiders +9.6% in Europe.
- Net leverage below 2.0x adjusted EBITDA; strong liquidity from working capital management.
- GHG emission intensity fell 15.6% (2019-2022), absolute reduction of 216,000 metric tons.

## SEC filing metadata
- accession: 0000802481-24-000034
- form_type: 8-K
- ticker: PPC
- cik: 0000802481
- company_name: PILGRIMS PRIDE CORP
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/802481/000080248124000034/0000802481-24-000034-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802481/000080248124000034/ppc-20240501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-24-000034
- JSON: https://secwatch.observer/filing/0000802481-24-000034.json
- Plain text: https://secwatch.observer/filing/0000802481-24-000034.txt

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