Pilgrim’s Pride Q2 FY26 GAAP EPS drops 96% to $0.06; net sales fall 2.8% to $4.6 billion
Reuters2026/07/29 21:22- Pilgrim’s Pride Q2 2026 GAAP net income fell 96% to USD 13.2 million, with GAAP EPS down to USD 0.06.
- Net sales slipped 2.8% to USD 4.6 billion; GAAP operating income margin narrowed to 1.4%.
- Adjusted EBITDA dropped 47.6% to USD 360 million, with margin down 6.6 percentage points to 7.8%.
- Management said chicken demand stayed firm, but jumbo commodity cutout values fell more than 25% from a year earlier.
- Just Bare retail sales rose more than 30%; investment in Ellijay, Georgia targets more small-bird deboning, while the Walker County prepared foods plant remains on schedule.
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