Pilgrim's Pride Corporation produces, processes, markets, and distributes fresh, frozen, and value-added chicken and pork products to retailers, distributors, and foodservice operators in the United States, Europe, and Mexico. The company offers fresh products, including refrigerated whole or cut-up chicken, selected chicken parts that are either marinated or non-marinated, primary pork cuts, added value pork, pork ribs, and lamb products; and prepared products, which include fully cooked, ready-to-cook and individually frozen chicken parts, strips, nuggets and patties, processed sausages, bacon, smoked meat, gammon joints, pre-packed meats, sandwich and deli counter meats, and meat balls and coated foods. It also provides plant-based protein, ready-to-eat meals, multi-protein frozen food, vegetarian food, and desserts. In addition, its exported products include whole chickens and chicken parts for distributors in the U.S. or frozen for distribution to export markets and primary pork cuts, hog heads, and trotters frozen for distribution. The company offers its products under the Pilgrim's, Just BARE, Gold'n Pump, Gold Kist, County Pride, Pierce Chicken, Pilgrim's Mexico, To-Ricos, Del Dia, Moy Park, Matteson's, Richmond, Fridge Raiders, and Denny brands. It serves chain restaurants, food processors, broad-line distributors, and other institutions; and retail market, such as grocery store chains, wholesale clubs, and other retail distributors. The company was founded in 1946 and is headquartered in Greeley, Colorado. Pilgrim's Pride Corporation operates as a subsidiary of JBS N.V.
Country
Sector
Themes
Also in
Price· split & dividend adjusted
No price history for this asset yet.
News & notes movingPPC
Biotech & Genomic Medicine▲impact 4
Moderna, Merck surge on cancer vaccine trial success
Moderna and Merck shares surged after their personalized cancer vaccine showed positive results in a late-stage trial, with Moderna skyrocketing 120% and Merck jumping 10%. Pilgrim's Pride rallied 15% after JBS, which owns more than 80% of the chicken producer, bid to acquire the remaining stock. Gold miners jumped after the Treasury Department announced sharply higher government debt repurchases, sending yields lower and boosting gold, with the VanEck Gold Miners ETF up 9% and Coeur and Hecla each gaining more than 13%. Marvell Technology rose more than 7% after giving Google permission to buy a $12 billion stake as part of a custom chip development deal. Coinbase surged 11% as bitcoin popped more than 5% to about $68,000, while Lowe's gained over 3% despite cutting its full-year outlook to the bottom end of prior guidance. Target added 5% after beating second-quarter revenue expectations and hiking full-year guidance, helped by a $752 million tariff refund boost. La-Z-Boy tanked 16% after fiscal first-quarter adjusted earnings fell 9% and current-quarter revenue guidance missed FactSet consensus, while Mercury Systems slid more than 6% on mixed results. Estee Lauder rose more than 16% after fiscal fourth-quarter adjusted earnings and revenue beat estimates.
JBS makes fresh bid for full control of Pilgrim's Pride
JBS has submitted a non-binding proposal to acquire the remaining shares of Pilgrim's Pride, four years after abandoning a previous bid. The Brazilian meatpacker would give Pilgrim's Pride investors 2.086 JBS Class A shares for each share they own, valuing the offer at $28.49 per share. JBS currently owns around 82% of the Greeley, Colorado-based poultry producer through its US unit JBS USA. If completed, the deal would remove Pilgrim's Pride from the Nasdaq stock exchange and create a simplified organisational structure. The proposal requires approval from a special committee of independent directors and a majority of votes cast by unaffiliated Pilgrim's Pride shareholders.
BofA calls JBS plan to buy rest of Pilgrim's Pride attractive
JBS has announced a non-binding proposal to acquire the remaining 18% stake in its subsidiary Pilgrim's Pride in an all-stock transaction. Bank of America views the proposed deal as more attractive than JBS's 2021 attempt, which offered $26.50 per share in cash and was later raised to $28.50 before being rejected by Pilgrim's Pride's independent special committee. The bank said the new structure would let JBS consolidate Pilgrim's Pride without a cash outlay, improve cash flow retention, simplify its corporate structure, and concentrate share liquidity. Pilgrim's Pride shares rose 3.4% in premarket trading, while JBS edged 0.2% higher.
JBS-backed Pilgrim's to buy UK pork firm Walkers from Samworth
Pilgrim's Europe, part of the Pilgrim's Pride business majority owned by Brazilian meat giant JBS, has agreed to acquire UK firm Walkers Deli & Sausage Company from Samworth Brothers. The total consideration is around £141.5m ($191.4m) on a debt-free, cash-free basis, subject to adjustments, according to a SEC filing by Pilgrim's Pride. The deal extends an established relationship between the companies, with Pilgrim's already supplying Walkers with pork. Walkers, founded in 1824, runs four manufacturing facilities on one Leicester site with around 1,150 employees, and its portfolio includes sausages, sliced cooked meats, cooked bacon, snacking products and pâté. The transaction is expected to be finalised in September, subject to clearance from the Competition and Markets Authority and employee consultation.
Zacks Names Amphenol Bull of the Day, Pilgrim's Pride Bear of the Day
Zacks Equity Research has highlighted Amphenol as its Bull of the Day and Pilgrim's Pride as its Bear of the Day. Amphenol, a Zacks Rank #1 Strong Buy, reported record second-quarter adjusted earnings of $1.35 per share, up 66.7% year over year and beating the consensus estimate of $1.19, with revenues surging 55% to a record $8.76 billion. The company raised its full-year expectations for the acquired CommScope connectivity and cable business to $4.6 billion in sales and 30 cents of adjusted EPS accretion, up from prior guidance of $4.1 billion and 15 cents. Pilgrim's Pride, a Zacks Rank #5 Strong Sell, posted adjusted earnings of 64 cents per share, missing the consensus estimate of 75 cents and collapsing 62.4% from $1.70 a year ago, as net sales fell 2.8% to $4.63 billion and gross profit dropped 52.5% to $339.8 million. Zacks also provided analysis on Uber Technologies, WeRide, and Amazon, noting that Uber and Wayve received Private Hire Vehicle licenses from Transport for London for several self-driving Ford Mustang Mach-E vehicles, moving them closer to launching autonomous rides in London.
Pilgrim's Pride downgraded to Strong Sell on collapsing margins
Zacks Investment Research has downgraded Pilgrim's Pride to a Zacks Rank #5 (Strong Sell), citing a sharp collapse in commodity chicken prices and deteriorating earnings estimates. The company's second-quarter adjusted earnings fell 62.4% to 64 cents per share, missing the consensus estimate of 75 cents, while net sales declined 2.8% to $4.63 billion. Gross profit was cut roughly in half to $339.8 million, and adjusted EBITDA margin compressed to 7.8% from 14.4% a year earlier. Management declined to provide specific numerical guidance for the third quarter or full year, and the full-year EPS consensus of $2.95 per share reflects a 43% decline relative to last year. Shares are down roughly 31% year to date, and the stock has formed a bearish death cross with both the 50-day and 200-day moving averages sloping lower.
Pilgrim's Pride Q2 2026 earnings fall sharply on margin pressure and legal charges
Pilgrim's Pride reported second-quarter 2026 net revenues of $4.63 billion, down from $4.76 billion a year earlier, while adjusted EBITDA dropped to $360 million from $686.9 million, pushing the adjusted EBITDA margin down to 7.8% from 14.4%. The US segment saw its adjusted EBITDA margin fall to 8.7% from 17.1%, Europe's margin narrowed to 7.6% from 8.2%, and Mexico's margin plunged to 3.9% from 16.3%, driven by a 27% decline in US jumbo cut-out values, increased supply and lower-priced competing proteins in Mexico, and competition from imported pork and higher costs in Europe. The quarter included $136 million in legal-settlement expenses primarily tied to broilers litigation and a $26 million asset impairment charge related to the planned shutdown of the Chattanooga harvesting facility. Despite the headwinds, US Prepared Foods volumes grew nearly 14% year over year, with the Just Bare brand's retail sales up over 30% and achieving nearly 15% market share. The company maintained its full-year capital expenditure guidance at approximately $900 million and ended the quarter with net debt below $2.5 billion and nearly $1.6 billion in cash and available credit.
Pilgrim's Pride Q2 Earnings Expected to Fall 55.9%
Pilgrim's Pride is expected to report a year-over-year decline in earnings when it releases second-quarter results on July 29. The consensus estimate calls for earnings of $0.75 per share, down 55.9% from the prior-year quarter, while revenues are projected to rise 3% to $4.9 billion. The Zacks Earnings ESP is -20.00%, indicating that the most accurate estimate is below the consensus, and the stock carries a Zacks Rank of 5, making an earnings beat difficult to predict. In the previous quarter, the company posted earnings of $0.51 per share, missing the $0.69 consensus by 26.09%.
StockStory flags Pilgrim’s Pride and Estée Lauder as risky, highlights e.l.f. Beauty’s competitive edge
StockStory identifies Pilgrim’s Pride and Estée Lauder as consumer staples stocks facing headwinds, while naming e.l.f. Beauty as a company with durable advantages. Pilgrim’s Pride, with a $6.94 billion market cap, is flagged for its low 2.2% annual revenue growth over three years, flat forward sales estimates, and a thin 12.7% gross margin amid stiff competition. Estée Lauder, valued at $30.26 billion, is cited for disappointing organic revenue, a negative 0.7% operating margin, and earnings per share declining faster than revenue due to shareholder dilution. In contrast, e.l.f. Beauty, with a $4.69 billion market cap, posted 41.4% annual revenue growth over three years, a best-in-class 71% gross margin, and 23.8% annual EPS growth, reflecting market share gains and pricing power.
Pilgrim’s Pride to Host Second Quarter Earnings Call on July 30, 2026
Pilgrim’s Pride Corporation will release its second quarter 2026 financial results after the U.S. market closes on Wednesday, July 29. The company’s executives will review the results on a conference call and webcast on Thursday, July 30, 2026, at 7:00 a.m. Mountain Time, which is 9:00 a.m. Eastern Time. Prepared remarks regarding the company’s financial and operational results will be followed by a question and answer period with the Pilgrim’s executive management team. A press release and supplemental materials will be issued before the market opens that morning. Investors and analysts may pre-register for the webcast to receive a unique PIN to gain immediate access to the call and bypass the live operator.
Pilgrim's Pride Q1 revenue beats but profit misses, stock drops 9.2%
Pilgrim's Pride reported first-quarter revenues of $4.53 billion, up 1.6% year on year and exceeding analyst expectations by 2.6%, but the company significantly missed adjusted operating income estimates. Among the ten perishable food stocks tracked, the group as a whole beat revenue consensus by 2.3% while next-quarter revenue guidance came in 4.6% below expectations. Cal-Maine posted the best results with revenues of $667 million, down 53% year on year but beating estimates by 3.8% and delivering strong EBITDA and EPS beats. Vital Farms had the weakest quarter, with revenues of $187.2 million up 15.4% year on year and beating estimates by 2.2%, but its full-year revenue and EBITDA guidance significantly missed expectations. Freshpet reported revenues of $297.6 million, up 13.1% year on year and beating estimates by 2.2%, along with EPS and operating income beats, while Tyson Foods posted revenues of $13.65 billion, up 4.4% year on year and beating estimates by 1% with strong EBITDA and EPS beats. On average, share prices of these companies are down 5.1% since their latest earnings results.
Pilgrim's Pride Stock Rated Sell by Zacks Amid Earnings Decline
Pilgrim's Pride has been assigned a Zacks Rank #4, or Sell, indicating the stock may underperform the broader market in the near term. The consensus earnings estimate for the current quarter stands at 97 cents per share, a 42.9% decline from the year-ago period, while the full-year estimate of $3.52 represents a 31.9% drop. Revenue is projected to reach $4.9 billion for the quarter, up 3% year over year, with annual estimates of $18.7 billion and $19.2 billion for the current and next fiscal years. The stock has returned 0.4% over the past month, outperforming the Zacks S&P 500 composite's 1.8% decline and the Food - Meat Products industry's 2.2% loss. Despite a Value Style Score of A, suggesting the shares trade at a discount to peers, the unchanged earnings estimates and negative growth outlook underpin the bearish rating.
Tyson Foods Q1 revenue beats estimates but stock falls 9.7%
Tyson Foods reported first-quarter revenues of $13.65 billion, up 4.4% year on year and exceeding analysts' expectations by 1%, but its stock has fallen 9.7% since the results. Among the ten perishable food stocks tracked, the group overall beat revenue consensus by 2.3% while next-quarter revenue guidance came in 4.6% below estimates, and share prices are down 8.5% on average. Cal-Maine posted the best performance with revenues of $667 million, down 53% year on year but beating expectations by 3.8%, while Vital Farms was the weakest despite 15.4% revenue growth to $187.2 million, as its full-year guidance significantly missed estimates. Pilgrim's Pride revenues of $4.53 billion beat by 2.6% but missed on operating income and EBITDA, and Freshpet revenues of $297.6 million beat by 2.2% with strong earnings beats.
JFrog Touted for Cash Flow, Pilgrim’s Pride and Rockwell Automation Flagged
StockStory highlights JFrog as a cash-producing stock with impressive fundamentals, while advising caution on Pilgrim’s Pride and Rockwell Automation. JFrog boasts a trailing 12-month free cash flow margin of 26.9% and 23.7% annual recurring revenue growth, giving it ample capital deployment options. Pilgrim’s Pride, with a free cash flow margin of just 2.9%, faces stiff competition and shrinking margins, while Rockwell Automation’s 15.2% free cash flow margin is overshadowed by sluggish projected sales growth of 4.1% and eroding returns on capital. JFrog trades at 14 times forward price-to-sales, Pilgrim’s Pride at 8.3 times forward earnings, and Rockwell Automation at 33.6 times forward earnings.
Pilgrim’s Pride Stock Drops 30.4% in Six Months Amid Weak Fundamentals
Pilgrim’s Pride shares have fallen 30.4% over the past six months to $27.77, driven by soft quarterly results and raising concerns about the company’s outlook. The poultry producer’s revenue grew at a sluggish 2.2% compound annual rate over the last three years, while its gross margin averaged just 12.7% over the past two years, signaling weak pricing power in a competitive market. Free cash flow margin declined by 4.8 percentage points to 2.9% over the trailing twelve months, pointing to rising capital intensity. The stock now trades at 8 times forward earnings, but analysts caution that shaky fundamentals could mean further downside.
JBS to close two US beef plants, impacting over 2,000 workers
JBS USA is closing its beef production facility in Souderton, Pennsylvania, and a value-added facility in Memphis, Tennessee, as part of a broader network modernization strategy. The Souderton closure will affect 1,485 workers effective August 14, 2026, while the Memphis facility employs about 208 people. Additionally, JBS-owned Pilgrim's Pride is permanently closing its Chattanooga, Tennessee, poultry plant on September 25, 2026, impacting 315 workers. Together, JBS's modernization and closure strategy is set to impact 2,008 workers. The company said production from the affected facilities will be absorbed into other operations, and it will offer impacted employees opportunities to apply for open roles at other facilities.