AI brief of an SEC Form 8-K · Pilgrim's Pride (PPC)

Pilgrim's Pride Q1 GAAP EPS rises to $1.24 from $0.73 on $4.5 billion in sales

Positive Impact 3 of 5 earnings Written later

Pilgrim's Pride reported first quarter 2025 results with net sales of $4.5 billion, up 2.3% from a year earlier, and GAAP diluted EPS of $1.24 versus $0.73. Operating income rose 61.6% to $404.5 million, and the company paid a special dividend of $1.5 billion, leaving a net leverage ratio of 1.1x of Adjusted EBITDA for shareholders to weigh.

Key points

  • Net sales were $4,463.0 million, up 2.3% from $4,361.9 million in the first quarter of 2024.
  • GAAP diluted EPS was $1.24, compared with $0.73; GAAP net income attributable to the company was $296.0 million.
  • Operating income was $404.5 million, up 61.6%, and Adjusted EBITDA was $533.2 million, a 12.0% margin.
  • The special dividend of $1.5 billion was payable at quarter end, and the net leverage ratio was 1.1x, versus a target of 2x to 3x.

The filing

CompanyPilgrim's Pride (PPC)
Form8-K, current report
Filed with the SECApr 30, 2025, 6:52 PM ET
Accession number0000802481-25-000059

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 30, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.