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Just Bare® Delivers $1 Billion in Annual Retail Sales as Pilgrim’s Accelerates Momentum in Prepared Foods

(Moderate)
(Very Positive)
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Pilgrim’s (NASDAQ: PPC) said Just Bare reached $1 billion in annual retail sales in 2025 after growing 45% year-over-year, driven by distribution gains and category leadership. The frozen fully cooked portfolio now generates more than $750 million annually and market share rose from 1% to 13% in three years.

JBS, majority shareholder, is expanding capacity with a new prepared chicken facility in Walker County, GA, to support continued demand and the brand’s innovation roadmap.

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Positive

  • Annual sales exceeded $1 billion in 2025
  • Sales growth of 45% year-over-year
  • Frozen fully cooked portfolio > $750 million annual sales
  • Market share expanded from 1% to 13% in three years
  • Distribution growth across mass, club and grocery channels

Negative

  • Concentration in prepared/frozen fully cooked segment may pressure diversification
  • Capital spend: new Walker County, GA facility implies near-term investment needs

News Market Reaction – PPC

-2.99%
-2.99% News Effect

On the day this news was published, PPC declined 2.99%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement underscores Just Bare® as a key growth engine within Pilgrim’s prepared foods stra...
Analysis

This announcement underscores Just Bare® as a key growth engine within Pilgrim’s prepared foods strategy, with $1 billion in 2025 retail sales, a 45% growth rate, and market share rising from 1% to 13% in three years. The frozen fully cooked portfolio now exceeds $750 million in annual sales. In context of recent earnings showing strong prepared foods performance, investors may track execution on new capacity, category leadership, and continued branded mix expansion.

Key Figures

Just Bare annual retail sales: $1 billion Annual growth rate: 45% Market share gain: 1% to 13% +5 more
8 metrics
Just Bare annual retail sales $1 billion Brand-level retail sales in 2025
Annual growth rate 45% Just Bare retail sales growth rate
Market share gain 1% to 13% Just Bare market share over three years
Frozen fully cooked sales >$750 million Annual sales from frozen fully cooked portfolio
Oven Roasted prep time 1.5 minutes Preparation time for Oven Roasted platform products
Current share price $43.76 PPC price before news
Price vs 52-week high -23.07% Distance from 52-week high of $56.88
Market capitalization $10,395,076,281 Equity value prior to this announcement

Historical Context

4 past events · Latest: Feb 11 (Positive)
Pattern 4 events
Date Event Sentiment 24h Move Catalyst
Feb 11 Full-year 2025 earnings Positive +1.0% Reported $18.5B 2025 net sales, $1.1B net income and strong EBITDA.
Jan 20 Earnings call notice Neutral -0.9% Announced schedule for Q4 and full-year 2025 earnings release and call.
Oct 29 Q3 2025 earnings Positive +0.4% Posted Q3 2025 net sales $4.76B with strong operating income and EBITDA.
Oct 08 Q3 call notice Neutral -0.2% Set timing and access details for upcoming Q3 2025 earnings call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent earnings reports with solid fundamentals have seen modest positive price reactions, while scheduling/housekeeping announcements around earnings have produced small, mixed moves.

Recent Company History

Over the last few months, Pilgrim’s Pride has highlighted steady growth and strong profitability. Q3 and full-year 2025 results showed multi-billion-dollar net sales, healthy margins, and significant special dividends, with U.S. Prepared Foods and Just Bare® contributing meaningfully. Earnings-day releases on Oct 29, 2025 and Feb 11, 2026 led to modest gains, while earnings call notices in Oct 2025 and Jan 2026 prompted small declines. Today’s Just Bare® update reinforces that prepared foods and branded growth remain central to PPC’s narrative.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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GREELEY, Colo., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Just Bare®, the fast-growing chicken brand within the Pilgrim’s (NASDAQ: PPC) prepared foods portfolio, has surpassed $1 billion in annual retail sales in 2025. With a 45% annual growth rate and the fastest sales momentum in the category, Just Bare has rapidly evolved from a niche brand into a leading force in frozen and fresh chicken.

“Crossing the $1 billion threshold is a testament not only to the strength of the Just Bare brand, but also to the strategic investments our organization has made in innovation, operational excellence, and consumer-driven growth,” said Fabio Sandri, CEO of Pilgrim’s. “This milestone reflects our team’s commitment to building a modern, high-value prepared foods portfolio – and Just Bare is leading the way.”

In 2025, Just Bare delivered strong market share gains and expanded significantly across major retailers. The brand now holds the #1 position in sales pace within the fully cooked chicken category and has grown its market share from 1% to 13% in just three years. This momentum comes from double-digit distribution growth across mass, club and grocery stores, along with exceptional performance from its frozen fully cooked portfolio, which now generates more than $750 million in annual sales. Just Bare also continued to build on the success of its Oven Roasted platform, which has attracted consumers with its clean-label ingredients and fast 1.5 minute prep time – making it an appealing solution for shoppers seeking convenient, high-quality meals.

“The success of Just Bare reflects the scale, innovation pipeline, and operational strength that comes with being part of the global JBS family,” said Sergio Nahuz, Head of Prepared Foods. “Our collective investment in people, plants, and brands is enabling faster innovation and sustained superior performance.”

Just Bare’s acceleration reinforces the long-term strategy of JBS, majority shareholder of Pilgrim’s, to grow its value-added and prepared foods capabilities globally. A new prepared chicken facility is currently being built in Walker County, Ga. – to produce Just Bare products and meet rising demand for high-quality, convenient protein solutions.

This week, JBS presented an in-depth look of Just Bare’s growth, innovation roadmap, and category leadership during its 2026 CAGNY presentation, illustrating how the brand is accelerating the expansion and strength of the prepared foods business across the JBS portfolio.

About Just Bare®
Just Bare® provides premium fresh and frozen chicken made from all-natural chicken raised with no antibiotics, no additives, and no preservatives. The brand is built on a promise of simplicity, quality, and transparency—delivering chicken consumers can feel confident serving at home. From fresh, case-ready products to its expanding Oven Roasted and Lightly Breaded platforms, Just Bare offers families a flavorful, trustworthy alternative to traditional frozen chicken, rooted in its belief that “Bare is Better™.”

About Pilgrim’s Pride

Pilgrim’s employs approximately 63,000 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, the Republic of Ireland and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com.

About JBS USA

‌JBS USA is a leading global food company providing diversified, high-quality products to customers in approximately 100 countries on six continents. Headquartered in Greeley, Colorado, the company produces meat and poultry products, a portfolio of recognized brands and innovative premium foods. JBS USA is also a majority shareholder of Pilgrim’s, the largest poultry producer in the world. Visit jbsfoodsgroup.com to learn more.

Media Contact:
Nikki Richardson
JBS USA/Pilgrim’s Communications
nikki.richardson@jbssa.com


FAQ

What milestone did Just Bare achieve in 2025 for Pilgrim’s (PPC)?

Just Bare reached $1 billion in annual retail sales in 2025. According to the company, this followed a 45% year-over-year growth rate and extensive retail distribution gains driving the milestone.

How large is Just Bare’s frozen fully cooked business for Pilgrim’s (PPC)?

The frozen fully cooked portfolio generates more than $750 million in annual sales. According to the company, this line is a primary driver of the brand’s category momentum and retail expansion.

How much market share did Just Bare gain for Pilgrim’s (PPC) over three years?

Just Bare’s market share grew from 1% to 13% in three years. According to the company, that rise reflects double-digit distribution growth across mass, club and grocery retailers.

What capacity expansion is Pilgrim’s (PPC) planning to support Just Bare demand?

JBS is building a new prepared chicken facility in Walker County, GA to produce Just Bare products. According to the company, the facility aims to meet rising demand and support future innovation.

What drove Just Bare’s rapid growth cited by Pilgrim’s (PPC)?

Growth was driven by innovation, operational investment, and distribution gains across retail channels. According to the company, clean-label products and a strong innovation roadmap supported accelerated sales.