Quarterly ResultApr 30, 2026, 06:12 AM
PPC Q1 Net Income $101.5M (-65.8%); EPS $0.43 (-65.3%)
AI Summary
Pilgrim's Pride Corporation reported Q1 2026 Net Income of $101.5M, a 65.8% decrease YoY, with EPS falling to $0.43 from $1.24. Net Revenue saw a modest increase of 1.6% to $4,532.6M. Adjusted EBITDA declined significantly by 42.3% to $308.1M, with the US segment impacted by commodity pricing and operational disruptions, while Mexico's profitability also decreased.
Key Highlights
- Q1 Net Income $101.5M, down 65.8% from $296.3M YoY.
- Q1 EPS $0.43, down 65.3% from $1.24 YoY.
- Q1 Net Revenue $4,532.6M, up 1.6% from $4,463.0M YoY.
- Q1 Adjusted EBITDA $308.1M, down 42.3% from $533.2M YoY.
- US Adjusted Operating Income $110.1M (4.2% margin).
- Europe Adjusted Operating Income $67.5M (5.0% margin).
- Mexico Adjusted Operating Income $10.9M (2.0% margin).
- SG&A increased due to legal settlements and defense costs.
Price Impact
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