Pilgrim's Pride Q1 EPS falls to $0.43 from $1.24 as sales rise 1.6% to $4.5 billion
Pilgrim's Pride reported first-quarter 2026 results for the period ended March 29, 2026. Net sales rose 1.6% to $4.5 billion, but GAAP EPS fell to $0.43 from $1.24 and Adjusted EBITDA dropped 42.2% to $308.1 million, which the company linked to plant downtime, weather disruptions, weaker commodity fundamentals and lower Mexico margins. For shareholders, the sales gain did not offset the sharp decline in profitability.
Key points
- Net sales of $4.5 billion ($4,532.6 million), up 1.6% from $4.46 billion a year earlier
- GAAP EPS of $0.43 versus $1.24; GAAP operating income of $162.6 million versus $404.5 million
- Adjusted EBITDA of $308.1 million with a 6.8% margin, versus $533.2 million and 12.0% a year earlier; Adjusted EPS of $0.51 versus $1.31
- Conference call to discuss results on April 30, 2026 at 7 a.m. MT (9 a.m. ET)
The filing
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 29, 2026.
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.