secwatch.observer — SEC 8-K summary
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Issuer:     PILGRIMS PRIDE CORP (PPC)
CIK:        0000802481
Form:       8-K
Filed at:   2026-07-29T23:52:47+00:00
Accession:  0000802481-26-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pilgrim's Pride Q2 GAAP EPS $0.06 vs $1.49 YoY; revenue down 2.8%
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- GAAP net income $13.2M ($0.06 EPS) vs $355.5M ($1.49) a year ago; adjusted EPS $0.64.
- Net sales $4.63B, down 2.8% YoY; operating income $66M, down 87.1%.
- Adjusted EBITDA $360M (7.8% margin) vs $686.9M (14.4%) prior year, down 47.6%.
- U.S. Fresh volumes rose but profitability fell on commodity pricing; Prepared Foods sales and margins up.
- Net leverage ratio 1.43x; liquidity remains strong for growth investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/802481/000080248126000049/0000802481-26-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/802481/000080248126000049/ppc-20260729.htm
  HTML page:      https://secwatch.observer/filing/0000802481-26-000049

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer