Pilgrim's Pride Earnings Reports

Pilgrim's Pride delivered a solid third quarter in 2025, achieving $4.8 billion in net sales and a GAAP operating income margin of 10.4%. The company reported GAAP Net Income of $343.1 million and Adjusted Net Income of $362.9 million, with Adjusted EBITDA reaching $633.1 million. Despite some commodity market volatility, the U.S. business maintained strong performance, while Europe focused on innovation and Mexico continued its growth in branded offerings and capacity expansion.

Pilgrim's Pride delivered strong second-quarter results, driven by robust demand and improved operational efficiencies across its U.S. Fresh and Prepared Foods segments. Europe and Mexico also contributed to margin expansion and strong volumes, respectively. The company maintained a strong liquidity position and announced a significant special dividend.

Pilgrim’s Pride delivered solid performance in Q1 2025, driven by growth in the U.S. Fresh and Prepared Foods segments, improved operational efficiencies, and expanding partnerships across all regions.

Pilgrim’s Pride delivered strong profitability in Q4 2024, with a 73.7% YoY increase in EPS, driven by margin expansion in all regions and solid demand in the U.S. Prepared Foods segment.

Pilgrim's Pride Corporation reported strong third-quarter results, driven by operational excellence, diversification, and key customer partnerships. Net sales reached $4.6 billion, with an operating income of $508.4 million, reflecting an 11.1% margin. Adjusted EBITDA was $660.4 million, representing a 14.4% margin. The company's U.S. Fresh portfolio continued to improve, while Europe saw a substantial increase in Adjusted EBITDA. Mexico's results were in line with seasonal expectations, with branded sales growing over 20%.

Pilgrim's Pride reported strong Q2 2024 results with $4.6 billion in net sales and operating income of $440.8 million. The company saw growth across its U.S., Europe, and Mexico segments, driven by enhanced market conditions, operational excellence, and strategic partnerships.

Pilgrim's Pride reported strong first quarter 2024 results, with net sales reaching $4.4 billion and operating income of $250.3 million. The company saw improvements across its U.S., Europe, and Mexico segments, driven by key customer partnerships, branded offerings, and operational excellence.

Pilgrim's Pride Corporation reported Q4 2023 net sales of $4.5 billion and GAAP EPS of $0.57. The company's U.S. portfolio continued its momentum, while the U.K. and Europe business increased sales and adjusted EBITDA. Mexico maintained a focus on strategy and operations despite market conditions.

Pilgrim's Pride reported third quarter 2023 results with $4.4 billion in net sales and operating income of $206.4 million. The company's global and diversified portfolio drove improved margins across all regions.

Pilgrim's Pride reported Q2 2023 results with $4.3 billion in net sales and operating income of $100.3 million. The company saw improvements in financial performance across all regions driven by operational excellence efforts, portfolio diversification, and growth with key customers.

Pilgrim's Pride Corporation reported its first quarter 2023 financial results with net sales of $4.2 billion and operating income of $31.3 million. The company's U.S. business improved relative to the prior quarter, while the U.K. and Europe business continued to recover, and the Mexico business rebounded.

Pilgrim's Pride reported a net sales increase of 2.2% to $4.1 billion in Q4 2022. However, the company faced a GAAP net loss of $155 million, with an adjusted EBITDA of $62.9 million, reflecting a 1.5% margin. The U.S. operations showed positive EBITDA results, while Mexico was negatively impacted by live operations and market fundamentals.

Pilgrim's Pride Corporation reported third quarter 2022 financial results with net sales of $4.47 billion, a 16.8% increase from the prior year. The company's consolidated GAAP operating income margin was 7.6%, with GAAP EPS of $1.08. Adjusted EBITDA reached $460.5 million, representing a 10.3% margin.

Pilgrim's Pride reported a strong second quarter in 2022, with net sales reaching $4.63 billion, a 27.3% increase from the prior year. The company's consolidated GAAP operating income margin was 11.1%, and adjusted EBITDA increased by 67.7% year-over-year.

Pilgrim's Pride reported a strong first quarter in 2022, with net sales up nearly 30% year-over-year and adjusted EBITDA almost doubled. The company's US business led the way, with retail demand remaining stable and foodservice recovering to pre-COVID levels. Mexico also performed well, while the European business faced challenges due to market conditions and cost escalation.

Pilgrim's Pride reported strong Q4 2021 results with net sales of $4.0 billion and adjusted EBITDA of $316.7 million, a 7.8% margin, despite facing input cost inflation, supply chain disruptions, and labor shortages.

Pilgrim's Pride Corporation reported a 24% increase in net sales to $3.83 billion and an adjusted EBITDA of $346.9 million, a 9.1% margin, up 13.7% from the previous year.

Pilgrim's Pride reported a 29% increase in net sales to $3.64 billion compared to the prior year. The company's adjusted EBITDA increased by 231.2% to $371.6 million, representing a 10.2% margin. While the U.S. business saw improved foodservice demand and retail strength, Mexico maintained strong momentum, and the European business showed operational improvements.

Pilgrim's Pride reported Q1 net sales of $3.27 billion, a 6.5% increase year-over-year, with a GAAP EPS of $0.41. The company's operating income reached $158.5 million, reflecting improved performance across its U.S. and Mexico operations, while Europe faced headwinds from higher feed costs and COVID-19 related impacts.

Pilgrim's Pride reported Q4 net sales of $3.1 billion and net income of $0.1 million. The company's operating performance in the U.S. remained resilient, driven by partnerships with Key Customers and focus on execution. Mexican operations rebounded strongly in the second half, delivering great results in Q4. European operations produced an EBITDA that was 6% higher than the previous year.

Pilgrim's Pride Corporation reported Q3 2020 financial results, including net sales of $3.08 billion. The company faced challenging market conditions due to Covid-19, but its diversified strategy helped mitigate the tough environment. The U.S. and Mexico rebounded from a difficult first half, with Mexico recording one of its strongest Q3s in history. Europe also continued to improve despite increased operating costs related to Covid-19.

Pilgrim's Pride reported Q2 net sales of $2.82 billion and a GAAP EPS of $(0.02). The company faced volatility due to Covid-19, but saw improved performance in June. Europe generated operating results similar to last year, while the U.S. and Mexico faced tough market dynamics.

Pilgrim's Pride reported Q1 net sales of $3.07 billion, operating income of $84 million, and GAAP EPS of $0.27. The company faced volatile and challenging markets due to Covid-19, but its strategy achieved solid results relative to industry competition. Operating results in Europe improved significantly but were offset by difficult market dynamics in the U.S. and Mexico.

Pilgrim's Pride reported Q4 2019 net sales of $3.06 billion and net GAAP income of $92.1 million. The company's operating performance in the U.S. improved, while macro conditions in Mexico presented challenges. European operations showed continued improvement with newly acquired operations generating positive EBITDA.