earnings
confidence high
sentiment negative
materiality 0.75
Pilgrim's Pride Q1 net income $101.5M, EPS $0.43 vs $1.24 YoY; margins compress
PILGRIMS PRIDE CORP
2026-Q1 EPS reported
$0.43
revenue$4,532,633,000
- GAAP EPS $0.43, down 65% from $1.24; adjusted EPS $0.51.
- Net sales $4.53B, up 1.6% YoY, but operating income fell 60% to $162.6M.
- Consolidated adjusted EBITDA margin 6.8% (12.0% prior year), with U.S. margin 7.0%.
- U.S. Fresh results hit by plant downtime, weather, and lower commodity cutout; Prepared Foods retail sales up ~40%.
- Europe steady; Mexico fresh branded volumes up >10% but margins compressed.