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

Pilgrim's Pride Q2 2026 net income falls to $13.2 million, EPS $0.06 from $1.49

Negative Impact 3 of 5 earnings Written later

Pilgrim's Pride reported second quarter 2026 net sales of $4.6 billion, down 2.8% from a year earlier, and GAAP net income of $13.2 million, or $0.06 per diluted share, versus $1.49 a year ago. Adjusted EPS was $0.64 and Adjusted EBITDA fell 47.6% to $360.0 million, as lower commodity chicken prices cut profitability even though volumes rose.

Key points

  • Q2 2026 net sales $4.6 billion, down 2.8% from $4.76 billion a year earlier
  • GAAP EPS $0.06 versus $1.49 in Q2 2025; adjusted EPS $0.64
  • Adjusted EBITDA $360.0 million, a 7.8% margin, versus $686.9 million and 14.4% a year earlier
  • Net leverage ratio 1.43x Adjusted EBITDA; a conference call is set for July 30, 2026 at 7 a.m. MT

The filing

CompanyPilgrim's Pride (PPC)
Form8-K, current report
Filed with the SECJul 29, 2026, 7:52 PM ET
Accession number0000802481-26-000049

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 July 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.