Logotype for Pilgrim's Pride Corp

Pilgrim's Pride (PPC) investor relations material

Pilgrim's Pride Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Pilgrim's Pride Corp
Q3 2025 earnings summary30 Oct, 2025

Executive summary

  • Q3 2025 net sales reached $4.8 billion, up 3.8% year-over-year, with adjusted EBITDA of $633.1 million (13.3% margin) and GAAP net income of $343.1 million, reflecting strong demand and operational efficiency despite commodity volatility.

  • Profitability declined year-over-year due to lower pricing in the U.S. and Mexico, partially offset by operational improvements and cost controls.

  • U.S. Fresh and Prepared Foods segments delivered strong growth, with Prepared Foods net sales up over 25% year-over-year.

  • Strategic investments in the U.S., Mexico, and Europe are on track, supporting operational improvements, brand expansion, and risk mitigation.

  • SG&A expenses rose, primarily from increased legal settlements and defense costs.

Financial highlights

  • Q3 2025 net sales were $4.8 billion (+3.8% YoY); adjusted EBITDA was $633.1 million (13.3% margin), down from $660.4 million (14.4%) last year.

  • U.S. sales grew 2.3% YoY, Mexico revenues rose over 5%, and Europe saw a 6% increase.

  • Q3 GAAP EPS was $1.44; adjusted EPS was $1.52.

  • Net debt at quarter-end was under $2.5 billion, with a leverage ratio slightly above 1x LTM adjusted EBITDA.

  • Net income for Q3 was $343.1 million, slightly down from $350.0 million year-over-year.

Outlook and guidance

  • Ongoing investments of $500 million in the U.S. and continued expansion in Mexico and Europe are expected to support growth and portfolio diversification.

  • USDA forecasts 2–3% chicken production growth for Q4 2025 and 2026, with chicken as the only protein expected to increase in availability.

  • Input costs for corn and soy are expected to remain stable due to ample supply, reducing risk of margin compression.

  • Management remains focused on operational improvements and cost controls amid challenging market conditions.

  • Full-year CapEx is projected at $700 million, with continued focus on high-return projects and portfolio upgrades.

Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Pilgrim's Pride earnings date

Logotype for Pilgrim's Pride Corp
Q4 202512 Feb, 2026
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Pilgrim's Pride earnings date

Logotype for Pilgrim's Pride Corp
Q4 202512 Feb, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Pilgrim's Pride Corp is a vertically integrated poultry producer offering fresh, frozen, and value-added chicken products to retail, foodservice, and industrial customers globally. The company operates processing plants, feed mills, and hatcheries. It is headquartered in Greeley, Colorado, and its shares are listed on the NASDAQ.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage