Pilgrim's Pride (PPC) Misses Q1 EPS by 17c
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Pilgrim’s Pride Reports First Quarter 2026 Results
April 29, 2026 4:54 PM EDTGREELEY, Colo., April 29, 2026 (GLOBE NEWSWIRE) -- Pilgrims Pride Corporation (NASDAQ: PPC), one of the world's leading food companies, reports its first quarter 2026 financial results.
First Quarter Highlights
Net Sales of $4.5 billion.Consolidated GAAP Operating Income margin of 3.6%.GAAP Net Income of $101.5 million and GAAP EPS of $0.43. Adjusted Net Income of $121.7 million, and Adjusted EPS of $0.51.Adjusted EBITDA of $308.1 million, or a 6.8% margin, with Adjusted EBITDA margins of 7.0% in the U.S., 7.8% in Europe, and 3.1% in Mexico.The U.S. Fresh business... More