Pilgrim's Pride Corporation (PPC) is a prominent entity in the agricultural and food processing sectors, specializing in the comprehensive lifecycle of poultry ...
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Est. EPS $0.70 · Revenue $4.69B · 3 analysts
Est. EPS $2.46 · Revenue $18.53B · 4 analysts
Est. EPS $0.56 · Revenue $4.59B · 1 analysts
Est. EPS $0.78 · Revenue $4.69B · 1 analysts
| Metric | Latest | YoYYoY means Year-over-Year. It compares the latest annual value with the previous annual value to show long-term trend strength. | QoQQoQ means Quarter-over-Quarter. It compares the latest quarter with the immediately previous quarter to show short-term momentum changes. |
|---|---|---|---|
| RevenueThe total money that came through the front door from selling things, before paying a single bill. Think of it as the grand total of every credit card swipe from customers. (YoY compares this year to last year's performance, while QoQ compares the current three months to the previous three). | $18.5B | +3.5% | +2.1% |
| Net IncomeThe absolute bottom line. If the company paid every single supplier, employee, banker, and tax collector, this is the actual money left in their pocket at the end of the day. | $1.1B | -0.4% | -86.8% |
| Gross MarginThe basic markup. If they sell a $100 pair of sneakers, this percentage tells you how much of that price tag is profit right after paying for the rubber and shoelaces, but before paying for things like store rent or TV commercials. | +12.7% | -1.5% | -3.7% |
| Operating MarginThe 'day job' efficiency score. Out of every dollar a customer spends, this shows how many cents the company keeps after making the product AND paying for all the everyday corporate overhead (like salaries, marketing, and keeping the lights on). | +8.7% | +3.5% | -60.9% |
| Net MarginThe final take-home percentage. When you strip away every conceivable cost, tax, and interest payment, this is the exact number of cents the company truly gets to keep from every dollar in sales. | +5.9% | -3.7% | -87.1% |
| Free Cash FlowThe holy grail of corporate cash. It's the spendable, physical money left over after the business pays for its daily operations AND buys the big, expensive upgrades (like new factories or servers) it needs to survive. This is the 'free' money they can use to pay dividends or buy back stock. | $660.6M | -56.4% | +207.1% |
| FCF MarginThe ultimate cash conversion rate. It shows how good the company is at turning regular sales directly into cold, hard, spendable cash. A high percentage means the business is an absolute cash-printing machine. | +3.6% | -57.8% | +204.9% |
| Debt / EquityThe financial risk gauge. It compares how much of the company's empire was built using borrowed money (loans) versus the owners' own money (shareholders). A high number means they are heavily leveraged and playing a riskier game; a low number means they are playing it safe. | 91.1% | +11.4% | -9.5% |
| Current RatioThe 12-month survival check. It simply compares the cash they have right now (plus things they can quickly turn into cash) against the immediate bills they absolutely must pay this year. A score above 1 means they have enough in the wallet to cover the upcoming bills without panicking. | 1.47x | -26.9% | -8.4% |
| Total AssetsThe absolute size of the company's empire. It bundles together absolutely everything of value they own—from the cash in the register and the inventory in the warehouse, to the software patents in the vault and the factories on the ground. | $10.3B | -2.9% | -1.7% |
| Metric | Annual (A vs E) | Annual Surprise | Quarter (A vs E) | Quarter Surprise |
|---|---|---|---|---|
| EPS Surprise | 4.54 vs 5.26 | -13.7% | 0.06 vs 0.70 | -91.5% |
| Revenue Surprise | $18.5B vs $18.4B | +0.7% | $4.6B vs $4.7B | -1.6% |
| Date | Executive | Title | Security | Side | Shares | Price |
|---|---|---|---|---|---|---|
| Apr 29, 2026 | Aslam Farha | director | Common Stock, par value $0.01 per share | A | 1,927 | — |
| Apr 29, 2026 | Batista Wesley Mendonca | director, 10 percent owner: | Common Stock, par value $0.01 per share | A | 1,927 | — |
| Apr 29, 2026 | Maestri Karoleski Joanita Maria | director | Common Stock, par value $0.01 per share | A | 1,927 | — |
| Apr 29, 2026 | Andre Nogueira de Souza | director | Common Stock, par value $0.01 per share | A | 1,927 | — |
| Apr 29, 2026 | Celis Arquimedes | director | Common Stock, par value $0.01 per share | A | 1,927 | — |
Operator : Good morning, and welcome to the Second Quarter of 2026 Pilgrim's Pride Earnings Conference Call and Webcast. [Operator Instructions] At the company's request, this call is being recorded. Please note that the slides referenced during today's call are available for download from the Investors section of the company's website at [www.pilgrims.com](https://www.pilgrims.com). [Operator Instructions] I would now like to turn the conference call over to Andrew Rojeski, Head of Strategy, Investor Relations and Sustainability for Pilgrim's Pride. Andrew Rojeski : Good morning, and thank you for joining us today as we review our operating and financial results for the second quarter ended on June 28, 2026. Yesterday afternoon, we issued a press release providing an overview of our financial performance for the quarter, including a reconciliation of any non-GAAP measures we may discuss. A copy of the release is available on our website at ir.pilgrims.com, along with slides for reference. These items also have been filed as Form 8-Ks and are available online at sec.gov. Fabio Sandri, President and Chief Executive Officer; and Matt Galvanoni, Chief Financial Officer, will present on today's call. Before we begin our prepared remarks, I would like to remind everyone of our safe harbor disclaimer. Today's call may contain certain forward-looking statements that represent our outlook and current expectations as of the day of this release. Other additional factors not anticipated by management may cause actual results to differ materially from those projected in these forward-looking statements. Further information concerning these factors have been provided in yesterday's press release, our Form 10-K and our regular filings with the SEC. I would now like to turn the call over to Fabio Sandri. Fabio Sandri : Thank you, Andy. Good morning, everyone, and thank you for joining us today. For the second quarter of 2026, we reported net revenues of $4.6 billion with an adjusted EBITDA of $360 million. Our adjusted EBITDA margin was 7.8% compared to 14.4% last year. During the quarter, chicken demand remained firm across all regions, leading the growth in meat protein consumption. Equally important, we continue to drive growth projects to strengthen our portfolio, drive sales growth and enhance margins. In the U.S., demand for chicken continued to grow in both retail and foodservice. Operations improved compared to previous quarter given the completion of our plant upgrades and progress in the efficiency of our live operations. Volumes to key customers in Fresh remained steady, whereas prepared grew double digits as Just Bare continued to lead growth and velocity in the frozen fully cooked category. In Europe, poultry and ready meals drove overall sales growth as their affordability and convenience resonated with value-conscious consumers. Margins were compressed given competition from imported pork into U.K. and increased costs driven by the Middle …
| Name | Title | Compensation | Gender | Year Born | Status |
|---|---|---|---|---|---|
Fabio Sandri | President & Chief Executive Officer | USD 2,970,713 | Male | 1972 | Active |
Matthew R. Galvanoni | CFO & Chief Accounting Officer | USD 1,640,555 | Male | 1973 | Active |
Andrew Rojeski | Head of Strategy, Investor Relations & Net-Zero Programs | — | Male | — | Active |
Lisa Burdick | Head of Human Resources | — | Female | — | Active |
Jesus Munoz | President of Pilgrim's Mexico | — | Male | — | Active |
Kendra Waldbusser | Head of Global Food Safety & Quality Assurance | — | Female | — | Active |
Ivan Siqueira | President of Pilgrim's Europe | — | Male | — | Active |
Sergio Nahuz | Head of Prepared Foods | — | Male | — | Active |
Bernie Adcock | Head of Fresh | — | Male | 1969 | Active |
GREELEY, Colo., Aug. 17, 2026 (GLOBE NEWSWIRE) -- Pilgrim's Europe today announced it has agreed to acquire Walkers Deli & Sausage Company from Samworth Brothers, subject to approval by the Competition and Markets Authority (CMA) and employee consultation in the United Kingdom.
Amundi reduced its position in shares of Pilgrim's Pride Corporation (NASDAQ: PPC) by 23.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 247,448 shares of the company's stock after selling 76,862 shares during the period. Amundi owned 0.10% of Pilgrim's
Pilgrim's Pride (PPC) is the leading US poultry pure-play, recently suffering a 50% share price decline amid cyclical oversupply pressures. PPC's Q2 saw operating income fall nearly 90% YoY, with margins halved due to a 4.5% YoY increase in US poultry production outpacing demand. I initiate coverage with a Buy, citing PPC's sub-10x normalized earnings multiple, sound balance sheet, and strategic investment in less commoditized segments.
Pilgrim's Pride Corporation (PPC) Q2 2026 Earnings Call Transcript
Pilgrim's Pride NASDAQ: PPC reported second-quarter 2026 net revenue of $4.63 billion and adjusted EBITDA of $360 million, as higher chicken supply and lower commodity pricing weighed on results despite continued demand growth in retail and foodservice channels.
