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Third-quarter 2026 net revenues were $4.65 billion, with adjusted EBITDA of $316.3 million and a 6.8% margin, down from $633.1 million and 13.3% a year ago; U.S. prepared foods volume rose over 15% and nearly doubled profitability.
Pilgrim’s Pride Corporation reported nine-month net income attributable to the company of $232.4 million. Pilgrim’s Europe agreed to acquire Walkers Deli & Sausage Company, expected to close early in 2027; JBS proposed acquiring remaining shares at 2.086 JBS Class A common shares per share.
Pilgrim’s Pride Corporation reported Q3 2026 net revenue of $4,653.2 million and net income of $116.3 million, versus $4,759.3 million and $343.1 million in Q3 2025; adjusted EBITDA margin fell to 6.8% from 13.3%.
Pilgrim’s Pride Corporation reported third quarter 2026 net sales of $4.7 billion, GAAP Net Income of $116.3 million, GAAP EPS of $0.49, and Adjusted EBITDA of $316.3 million at a 6.8% margin. Net leverage was 1.76x Adjusted EBITDA.
Pilgrim’s Pride formed a special committee of independent and disinterested directors to evaluate JBS N.V.’s August 18, 2026 unsolicited proposal to acquire all outstanding shares not already owned by JBS, retaining Ropes & Gray LLP and Moelis & Company LLC.
Pilgrim’s Pride Corporation completed a sale of €500 million aggregate principal amount of 4.750% senior notes due 2034 on September 23, 2026. Net proceeds will fund its acquisition of Walkers Deli & Sausage Company and related costs.
