Highest-materiality recent filing
Pilgrim's Pride forms special committee to review JBS N.V.'s unsolicited buyout proposal
Special committee of independent, disinterested PPC directors will evaluate JBS N.V.'s Aug. 18, 2026 unsolicited bid for all PPC shares JBS does not already own.
Pilgrim's Pride issues €500M 4.75% senior notes due 2034 for acquisition funding
Issued €500M aggregate principal of 4.750% senior notes due 2034.
Pilgrim's Pride prices €500M 4.750% senior notes due 2034
€500M aggregate principal of 4.750% senior notes due 2034 priced; expected close Sept 23, 2026.
Majority owner JBS proposes stock-for-stock acquisition of Pilgrim's Pride
JBS N.V. proposes to acquire all PPC shares it doesn't own at 2.086 JBS Class A shares per PPC share.
Pilgrim's Pride to acquire Walkers Deli & Sausage for £141.5M cash
Total consideration ~£141.5M on debt-free, cash-free basis, payable fully in cash at closing.
Pilgrim's Pride Q2 GAAP EPS $0.06 vs $1.49 YoY; revenue down 2.8%
GAAP net income $13.2M ($0.06 EPS) vs $355.5M ($1.49) a year ago; adjusted EPS $0.64.
Pilgrim's Pride Q1 net income $101.5M, EPS $0.43 vs $1.24 YoY; margins compress
GAAP EPS $0.43, down 65% from $1.24; adjusted EPS $0.51.
Pilgrim's Pride Q4 GAAP EPS $0.37 vs $0.99 YoY; FY2025 net sales $18.5B
Q4 net sales $4.52B (+3.3% YoY); GAAP operating income $204M (-33.4%); GAAP EPS $0.37 (-62.6%).
Pilgrim's Pride Q3 2025: net sales $4.8B (+3.8% YoY), GAAP EPS $1.44
Net sales $4.8B (+3.8% YoY); GAAP EPS $1.44, adjusted EPS $1.52.
Pilgrim's Pride Q2 net sales $4.8B, GAAP EPS $1.49, declares $2.10 special dividend
Net sales $4.757B (+4.3% YoY); GAAP operating income $512.3M (+16.2% YoY).
Pilgrim's Pride Q1 2025: revenue $4.46B, EPS $1.24, operating income up 61.6%
Net sales $4.463B (+2.3% YoY); GAAP operating margin 9.1%; net income $296.3M.
Pilgrim's Pride declares $1.5B special dividend ($6.30/share) alongside long-term capital strategy
Special cash dividend of $6.30 per share (~$1.5B total) payable April 17, 2025 to holders of record April 3, 2025.
Pilgrim's Pride Q4 GAAP EPS $0.99, up 74% YoY; adj. EBITDA margin 12.0%
Q4 GAAP EPS $0.99 vs $0.57 YoY (+73.7%); adj. EPS $1.35; net sales $4.37B (-3.5%).
Pilgrim's Pride stockholders approve charter change; enters tax pact with JBS
Stockholders approved certificate amendment with 96% of outstanding shares voting for; effective Dec 30, 2024.
Pilgrim's Pride Q3 net sales $4.585B, GAAP EPS $1.47, adj. EPS $1.63, operating income up 146% YoY
Net sales of $4.585B (+5.2% YoY); GAAP operating income $508.4M (11.1% margin) vs $206.4M a year ago.
Pilgrim's Pride reports Q2 2024: net sales $4.6B, operating income $440.8M, adjusted EPS $1.67
Q2 GAAP net income $326.5M ($1.37 EPS); adjusted net income $398.0M ($1.67 EPS).
Pilgrim's Pride Q1 EPS $0.73 vs $0.02 YoY; net sales $4.36B +4.7%
GAAP net income $174.9M ($0.73 EPS); adjusted EPS $0.77; operating income $250.3M, up 699.7%.
Pilgrim's Pride Q4 adjusted EPS $0.59 vs loss year ago; FY revenue down 0.6%
GAAP EPS $0.57 in Q4, $1.36 for FY; adjusted EPS $0.59 and $1.69.
Pilgrim's Pride appoints Wesley and Joesley Batista to Board; two directors resign
Wesley Mendonça Batista Filho and Joanita Karoleski resigned from Board effective Feb 8, 2024, with no disagreement.
Pilgrim's Pride Q3 net sales $4.4B; GAAP EPS $0.51 down 53% YoY; adjusted EPS $0.58
Net sales of $4.36B, down 2.4% YoY; operating income $206.4M (-39.2%) and net income $121.6M.
Pilgrim's Pride issues $500M of 6.875% senior notes due 2034 to redeem 5.875% notes due 2027
Issued $500M aggregate principal of 6.875% senior notes due 2034.
Pilgrim's Pride expands revolver to $850M, extends maturity to 2028, unsecured
New $850M revolving credit facility replaces prior $800M facility.
Pilgrim's Pride prices $500M 6.875% senior notes due 2034 to refinance existing 2027 notes
Offering of $500M aggregate principal amount of 6.875% senior notes due 2034 priced on September 27, 2023.
Pilgrim's Pride Q2 GAAP EPS $0.25 (down 83% YoY); revenue $4.3B
GAAP net income $60.9M ($0.25 EPS) vs $1.50 YoY; adjusted net income $105.3M ($0.44 EPS).
Pilgrim's Pride Q1 net sales $4.2B, GAAP EPS $0.02 (down 98% YoY)
GAAP net income $5.6M ($0.02 EPS) vs $367M ($1.15) last year; adjusted EPS $0.08.
Pilgrim's Pride issues $1.0B senior unsecured notes at 6.250% due 2033
Issued $1.0B aggregate principal of 6.250% senior notes due 2033.
Pilgrim's Pride Q4 GAAP net loss $155M; full-year adjusted EBITDA $1.6B, up 27.9%
Q4 net loss of $155M (-$0.66 EPS); adjusted loss $115.1M (-$0.49 EPS).
On February 4, 2025, pursuant to the Company’s Amended and Restated Certificate of Incorporation (“Certificate of Incorporation”) and Amended and Restated Bylaws (“Bylaws”), the JBS Nominating Committee (the “JBS Nominating Committee”) of the Board of Directors (the “Board”) appointed Joanita Karoleski to the Board as a JBS Director.
In addition, Mr. Menon was re-appointed to the Board and re-classified by the JBS Nominating Committee from an Equity Director to a JBS Director.
the JBS Nominating Committee of the Board appointed Wesley Mendonça Batista and Joesley Mendonça Batista, each as a Director (together, the “New Directors”), to fill the vacancies
the JBS Nominating Committee of the Board appointed Wesley Mendonça Batista and Joesley Mendonça Batista, each as a Director (together, the “New Directors”), to fill the vacancies
On February 8, 2024, Wesley Mendonça Batista Filho and Joanita Karoleski each notified Pilgrim’s Pride Corporation (the “Company”) of their resignations from their respective positions on the Board of Directors (the “Board”) of the Company, effective February 8, 2024.
On February 8, 2024, Wesley Mendonça Batista Filho and Joanita Karoleski each notified Pilgrim’s Pride Corporation (the “Company”) of their resignations from their respective positions on the Board of Directors (the “Board”) of the Company, effective February 8, 2024.
On March 28, 2022, Pilgrim's Pride Corporation (“Pilgrim’s” or the “Company”) announced that Michael Cooper will retire from the Company's Board of Directors effective on April 27, 2022
Max materiality 0.90 · Median 0.60 · Most common event earnings