Every 8-K that Pilgrims Pride Corporation (PPC) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow PPC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full PPC filings page.
Pilgrim’s Pride Corporation (PPC) reported that it and its wholly owned subsidiary Pilgrim’s Europe Finance PLC have priced a private offering of €500 million aggregate principal amount of 4.750% senior notes due 2034.
The sale of the notes is expected to close on September 23, 2026, subject to customary closing conditions. The issuers intend to use the net proceeds for general corporate purposes, including funding consideration for Pilgrim’s Pride’s recently announced acquisition of Walkers Deli & Sausage Company and related costs and expenses. The offering is not conditioned on the closing of that acquisition. The notes are being offered in a private, unregistered transaction to qualified institutional buyers and to non‑U.S. persons in accordance with Regulation S under the Securities Act.
Pilgrim’s Pride Corporation (PPC) announced that it and its wholly owned subsidiary Pilgrim’s Europe Finance plc have commenced a private offering of up to €500 million aggregate principal amount of senior notes, subject to market conditions. The notes will be issued in an unregistered offering and sold only to qualified institutional buyers and non‑U.S. persons under Regulation S.
The issuers intend to use the net proceeds for general corporate purposes, including funding the consideration for Pilgrim’s Pride’s recently announced acquisition of Walkers Deli & Sausage Company and related transaction costs. The offering is not conditioned on the closing of the Walkers acquisition. The company highlights typical capital markets and industry risks through forward‑looking statement language.
Pilgrim’s Pride Corporation (PPC) reports that it and related defendants have reached a proposed settlement of a previously disclosed stockholder derivative and class action in Delaware Chancery Court. Under the Stipulation signed August 4, 2026, JBS-related defendants would pay $31,000,000 in cash for the benefit of the Company.
The payment reflects an additional amount due to Pilgrim’s Pride by increasing a key figure in the existing Tax Sharing Agreement from $725,000,000 to $1,170,000,000. Of the $31,000,000, $250,000 funds notice costs via an escrow controlled by plaintiffs’ counsel and $30,750,000 goes into an escrow controlled by Pilgrim’s Pride, with the net balance to be transferred to the Company after the settlement becomes effective and after fees, taxes, and notice costs. Individual stockholders will not receive direct payments.
The settlement requires final approval by the Delaware Court of Chancery. A settlement hearing is scheduled for November 20, 2026, where the Court will consider approval of the settlement and a plaintiffs’ counsel fee and expense request of up to $4,805,000, payable solely from the settlement fund.
Pilgrim’s Pride Corporation (PPC) disclosed that its majority stockholder, JBS N.V., has submitted a non-binding proposal to acquire all PPC common shares not already owned by JBS or its affiliates. The proposed consideration is a fixed exchange ratio of 2.086 JBS Class A common shares for each PPC share, referencing August 18, 2026 closing prices of $13.66 for JBS and $28.49 for PPC.
The PPC board plans to form a fully empowered special committee of independent, disinterested directors to review and evaluate the proposal with independent legal and financial advisors. JBS states it is not interested in selling its existing PPC stake or participating in any alternative change-of-control transaction, and that it and its affiliates would not vote in favor of an alternative sale or merger.
JBS indicates the proposal is not subject to due diligence, does not require approval by JBS shareholders, and that it does not anticipate material regulatory hurdles. It expects any transaction to require approval by the special committee and a majority of votes cast by PPC shares not owned by JBS or its affiliates. The proposal is expressly non-binding and may be withdrawn or modified until definitive agreements are executed.
Pilgrim’s Pride Corporation (PPC), through its subsidiary Onix Investments UK Limited, has agreed to acquire the entire issued share capital of Walker’s Deli & Sausage Company from Samworth Brothers Limited under a Share Purchase Agreement. The total consideration is approximately £141.5 million on a debt-free, cash-free basis, payable fully in cash at completion, when Walker’s will become a wholly owned subsidiary. Closing is anticipated in September 2026, subject to customary conditions including approval by the U.K. Competition and Markets Authority and completion of employee consultations, and is not subject to a financing condition.
Walker’s is a long-established U.K. producer of premium pork products operating from four production facilities on a single site in Leicester, with approximately 1,150 employees. Pilgrim’s positions the deal as a strategic step for its European operations, expanding its presence in value-added premium pork categories and building on an existing supply relationship in which Pilgrim’s already provides some of Walker’s raw pork requirements.
Pilgrim’s Pride Corporation reported weaker results for the second quarter ended June 28, 2026. Net sales were $4,626.2 million, down from $4,757.4 million a year earlier. Net income fell to $13.2 million from $356.0 million, with diluted EPS declining to $0.06 from $1.49.
Adjusted EBITDA decreased to $359.995 million with a margin of 7.8%, compared with $686.903 million and a 14.4% margin in Q2 2025. By region, Q2 2026 net sales were $2,649.2 million in the U.S., $1,389.6 million in Europe and $587.3 million in Mexico, with adjusted operating income margins of 5.7%, 5.0% and 2.8%, respectively. Management cites lower U.S. commodity poultry pricing, cheaper European pork, and increased Mexican live-bird supply and competing proteins as key pressures. SG&A rose mainly due to higher legal settlements and defense costs, and net interest expense increased, including a $17.569 million loss on early extinguishment of debt. The company continues to emphasize non‑GAAP measures such as EBITDA and Adjusted EBITDA and provides detailed reconciliations to U.S. GAAP.
Pilgrim’s Pride Corporation reported second quarter 2026 net sales of $4.6 billion, down 2.8% from the prior year. GAAP net income was $13.2 million, or $0.06 per diluted share, compared with $355.5 million, or $1.49, a year earlier. Adjusted net income was $153.9 million, with Adjusted EPS of $0.64. Adjusted EBITDA was $360.0 million, down 47.6% year-over-year, for a margin of 7.8%.
U.S. Fresh volumes increased, but profitability declined versus last year due to lower commodity prices, while U.S. Prepared Foods grew sales and margins and Just Bare retail sales rose over 30%. Europe and Mexico both achieved volume growth, though margins were pressured by higher protein supply and import competition. For the first six months of 2026, cash provided by operating activities was $471,846 thousand, largely funding $465,189 thousand of capital expenditures. Total assets were $10.0 billion, and the net leverage ratio stood at 1.43x Adjusted EBITDA, below the 2x–3x target range.
Pilgrim’s Pride Corporation reported the results of its annual stockholder meeting held on April 29, 2026. Stockholders elected eight JBS Directors and two Equity Directors to the board. They also approved, on an advisory basis, the executive compensation program in the Say on Pay vote.
Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 27, 2026. Two stockholder proposals, one requesting a report on internal diversity and inclusion policies and practices and another requesting a political spending disclosure, were both voted down.
Pilgrim's Pride Corporation reported significantly lower profitability for Q1 2026 while providing detailed non-GAAP reconciliations. Net revenue was $4,532.6 million versus $4,463.0 million a year earlier, but net income fell to $101.5 million from $296.3 million and EPS declined to $0.43 from $1.24.
Adjusted EBITDA decreased to $308.1 million from $533.2 million, with the Adjusted EBITDA margin narrowing to 6.8% from 12.0%. Management cites lower U.S. commodity market pricing impacting the Big Bird business, winter storms, and downtime from large capital projects, while U.S. Prepared Foods volumes gained share.
By region, Q1 2026 net revenue was $2,635.4 million in the U.S., $1,351.7 million in Europe and $545.5 million in Mexico. Adjusted operating income was $110.1 million in the U.S., $67.5 million in Europe and $10.9 million in Mexico, with margins of 4.2%, 5.0% and 2.0%, respectively.
Pilgrim’s Pride Corporation reported weaker profitability for the first quarter of 2026 despite modest sales growth. Net sales were $4.53 billion, up 1.6% from $4.46 billion a year earlier, but GAAP net income fell to $101.5 million and GAAP EPS dropped to $0.43 from $1.24.
Adjusted EBITDA declined to $308.1 million with a 6.8% margin versus $533.2 million and a 12.0% margin last year, as U.S. Fresh margins were pressured by plant downtime, winter storms and softer commodity fundamentals, and Mexico saw margin compression from increased supply and imports. Europe delivered steadier results with balanced products and ongoing efficiency efforts, while U.S. Prepared Foods grew strongly, including nearly 40% higher Just Bare® retail sales and continued construction of a new value-added facility in Walker County, Georgia.
The company highlighted surpassing its 2025 Scope 1 & 2 emissions intensity reduction targets linked to its Sustainability-Linked Bond and maintained a net leverage ratio of 1.25x Adjusted EBITDA, below its stated 2x–3x target range.
Pilgrim’s Pride Corporation furnished an investor overview for its upcoming earnings call, highlighting mixed fourth-quarter and full-year 2025 results. For Q4 2025, net revenue was 4,517.8 versus 4,372.0 in Q4 2024, but net income fell to 87.9 from 235.8 and EPS declined to 0.37 from 0.99. Adjusted EBITDA decreased to 415.1 from 525.7, and the adjusted EBITDA margin narrowed to 9.2% from 12.0%.
For the full year 2025, net sales rose to 18,497.6 from 17,878.3, while net income was 1,083.3 compared with 1,087.2 and Adjusted EBITDA improved slightly to 2,268.4 from 2,213.9. U.S. results were pressured by weaker commodity pricing in the Big Bird business despite growth with key retail and foodservice customers. Europe showed continued profit improvement from cost reduction and efficiency initiatives, while Mexico’s profitability declined due to supply and demand dynamics and higher imported proteins. SG&A was lower mainly from reduced legal settlements and defense costs, and net interest expense increased due to lower interest income after dividends paid in 2025.
Pilgrim’s Pride reported 2025 net sales of $18.5 billion, up 3.5% from 2024, with a GAAP operating margin of 8.7%. GAAP net income was $1.1 billion, or $4.54 per share, while adjusted net income reached $1.23 billion and adjusted EPS $5.17. Adjusted EBITDA was $2.27 billion, a 12.3% margin.
Fourth-quarter net sales were $4.52 billion, up 3.3% year over year. GAAP EPS fell to $0.37 from $0.99, mainly reflecting sizable litigation and restructuring charges, while adjusted EPS was $0.64. The U.S. business outpaced industry growth in fresh chicken and delivered strong prepared foods performance, Europe improved sales and profitability, and Mexico grew sales but saw weaker margins.
The company returned $2 billion in cash to shareholders through special dividends and ended the year with a net leverage ratio below 1.1x adjusted EBITDA. Management highlighted continued diversification into branded products, ongoing efficiency gains in Europe, investments in Mexico, and progress on emissions and social sustainability metrics.
Pilgrim’s Pride Corporation furnished a Regulation FD update in connection with its upcoming earnings call. The company attached Exhibit 99.1, described as an overview and supplemental historical financial information, to be referenced during the earnings conference call on October 30, 2025.
The materials in Item 7.01 and Exhibit 99.1 are expressly furnished, not filed, under the Exchange Act and are not incorporated by reference into other filings. This limits their treatment under Section 18 while still providing investors with the presentation the company plans to discuss on the call.
Pilgrim's Pride Corporation filed a current report on Form 8-K to furnish a press release about its results of operations and financial condition dated October 29, 2025. The company states that the information in Item 2.02 and Exhibit 99.1 is furnished, not filed, under the Exchange Act.
The report lists Exhibit 99.1 as the press release dated October 29, 2025 and Exhibit 104 as the cover page interactive data file in iXBRL format. The filing is signed on behalf of the company by Chief Financial Officer and Chief Accounting Officer Matthew Galvanoni.