---
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"
generated_at: "2026-05-15T01:22:04.684581+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Pilgrim's Pride Q1 net income $101.5M, EPS $0.43 vs $1.24 YoY; margins compress

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000802481-26-000028
- JSON: https://secwatch.observer/filing/0000802481-26-000028.json
- Plain text: https://secwatch.observer/filing/0000802481-26-000028.txt

## Key facts
- Earnings Releases
  PILGRIMS PRIDE CORP reported first quarter 2026 results: revenue $4,532.6, net income $101.5 million, EPS $0.43.
  - Period: first quarter 2026
  - Revenue: $4,532.6
  - Net income: $101.5 million
  - EPS: $0.43
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/802481/000080248126000028/0000802481-26-000028-index.htm

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