---
schema_version: "secwatch.filing_event.v1"
accession: "0000802481-24-000089"
form_type: "8-K"
ticker: "PPC"
cik: "0000802481"
company_name: "PILGRIMS PRIDE CORP"
filed_at: "2024-10-31T23:59:59+00:00"
generated_at: "2026-05-30T07:49:29.204624+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride Q3 net sales $4.585B, GAAP EPS $1.47, adj. EPS $1.63, operating income up 146% YoY

## Summary
- Net sales of $4.585B (+5.2% YoY); GAAP operating income $508.4M (11.1% margin) vs $206.4M a year ago.
- GAAP EPS $1.47 vs $0.51; Adjusted EPS $1.63; Adjusted EBITDA $660.4M (14.4% margin) vs $324M (7.4%).
- U.S. Fresh portfolio improved on operational excellence; Europe adjusted EBITDA nearly +40% YoY; Mexico sales grew ahead of market.
- Branded prepared foods expanded across retail/foodservice; over 280 new products launched in Europe during Q3.
- Net leverage ratio 0.65x EBITDA; 2023 Sustainability Report shows 69% safety index improvement, 17% GHG reduction since 2019.

## SEC filing metadata
- accession: 0000802481-24-000089
- form_type: 8-K
- ticker: PPC
- cik: 0000802481
- company_name: PILGRIMS PRIDE CORP
- filed_at: 2024-10-31T23:59:59+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/802481/000080248124000089/0000802481-24-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/802481/000080248124000089/ppc-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-24-000089
- JSON: https://secwatch.observer/filing/0000802481-24-000089.json
- Plain text: https://secwatch.observer/filing/0000802481-24-000089.txt

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