Pilgrim's Pride Corporation Q3 2026 Earnings Recap

PPC Q3 2026 Published October 30, 2026

Get alerts when PPC reports next quarter

Pilgrim’s Pride shares rose 4.7% after earnings, with investors likely responding to improving live-market margins in Mexico and steady demand for chicken despite rising U.S. supply. The quarter also showed pressure from uneven market fundamentals: adjusted EBITDA was $316 million, and management said U.S. supply grew faster than demand.

Earnings Per Share Miss

$0.49 vs $0.56 est.

-11.9% surprise

Revenue Beat

4653206000 vs 4632274000 est.

+0.5% surprise

Market Reaction

Post-Earnings +4.66%

Oct 30 to Nov 6 -0.66%

See PPC alongside your other holdings

Add to your portfolio — free

Key Takeaways

Q3 revenue was $4.7 billion; adjusted EBITDA was $316 million, or a 6.8% margin.
U.S. ready-to-cook production rose 2.2% year over year, while total freezer inventories fell 5%; boneless breast inventories declined nearly 8%.
U.S. retail chicken volumes grew 1.4% and foodservice chicken volumes rose 0.8%. Retail sales dollars fell as lower wholesale prices were passed through and promotions increased.
Mexico sales rose on branded fresh offerings, and improved supply-demand fundamentals in the live commodity market lifted margins versus the prior quarter.
Prepared foods volumes rose by double digits; in Europe, volume remained stable.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit PPC on AllInvestView.

Previous Q2 2026