{"schema_version":"secwatch.filing_event.v1","accession":"0000802481-26-000028","form_type":"8-K","ticker":"PPC","cik":"0000802481","company_name":"PILGRIMS PRIDE CORP","filed_at":"2026-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.749690+00:00","generated_at":"2026-05-15T01:22:04.684581+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Pilgrim's Pride Q1 net income $101.5M, EPS $0.43 vs $1.24 YoY; margins compress","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0000802481-26-000028","json":"https://secwatch.observer/filing/0000802481-26-000028.json","markdown":"https://secwatch.observer/filing/0000802481-26-000028.md","text":"https://secwatch.observer/filing/0000802481-26-000028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000028/0000802481-26-000028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000028/ppc-20260429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T01:22:04.684581+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ec0687b8971223deaf9adbd0086f6584d4bb8a22","claim":"PILGRIMS PRIDE CORP reported first quarter 2026 results: revenue $4,532.6, net income $101.5 million, EPS $0.43.","evidence_excerpt":"EBITDA, below the target of 2x to 3x. 1 (Unaudited) Three Months Ended March 29, 2026 March 30, 2025 Y/Y Change (In millions, except per share and percentages) Net sales $ 4,532.6 $ 4,463.0 +1.6 % U.S. GAAP EPS $ 0.43 $ 1.24 (65.3) % Operating income $ 162.6 $ 404.5 (59.8) % Adjusted EBITDA (1) $ 308.1 $ 533.2 (42.2) % Adjusted EBITDA margin (1) 6.8 % 12.0","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/802481/000080248126000028/0000802481-26-000028-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter 2026"},{"label":"Revenue","value":"$4,532.6"},{"label":"Net income","value":"$101.5 million"},{"label":"EPS","value":"$0.43"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}