朝圣者荣耀公司2025年第二季度报告

October 29, 2025 GREELEY, Colo.,Oct. 29, 2025(GLOBE NEWSWIRE) -- Pilgrim’s Pride Corporation(NASDAQ: PPC), one of the world's leading food companies,reports its third quarter 2025 financial results. Third Quarter Highlights: Net Salesof$4.8 billion.Consolidated GAAP operating income margin of 10.4%.GAAP Net Income of$343.1 millionand GAAP EPS of$1.44. Adjusted Net Income of$362.9 millionand Adjusted EPS of$1.52.Adjusted EBITDA of$633.1 million, or a 13.3% margin.U.S.Fresh maintained a strong performance as a result of our diversified portfolio, focus on quality and service, andcontinued progress in operational excellence. Case Ready and Small Bird benefited from extensive Key Customer demandfrom retail and QSR, whereas investments in Big Bird unlocked additional efficiencies in production and live operations.U.S. Prepared Foodscontinues to expand across retail and foodservice as net sales have increased over 25% comparedto the prior year.Just Bare®continues to lead growth in the retail frozen fully cooked category as market share has grownby nearly 300 basis points compared to last year and sales velocity remains much higher than category averages.Pilgrim’s continues its growth journey, as recently announced new investments over the next two years totaling over$500millionin theU.S.remain on track to support growth with Key Customers in Fresh and diversify the portfolio throughbranded offerings inPrepared Foods.InEurope, the company continues to drive innovation and differentiation in the marketplace with a recent 10-year supplyagreement of a new product offering to support the growth of a Key Customer. Momentum forFridge Raiders®andRollover®also continues to accelerate as each grew faster than category averages.InMexico, Key Customer demand in fresh continued to grow ahead of the market. Diversification through value addedcontinued asPrepared Foodssales increased by 9% versus last year. Expansion projects to diversify geographicalpresence and grow prepared foods continue to progress on schedule.Pilgrim’s published its 2024 Sustainability Report that detailed its progress against environmental, social, and governanceambitions. Since 2019, Pilgrim’s has reduced its global Scope 1 & 2 emissions intensity by 23% and improved its GlobalSafety Index by 77%. Over the past year, Pilgrim’s has also provided 5.7 million training hours to improve team members’professional skills and career opportunities.Continued strong liquidity position and balance sheet flexibility after investments in growth projects and payments ofspecial dividends totaling$2 billionduring the year. Net leverage is approximately 1.0 times of Adjusted EBITDA. Net salesU.S.GAAP EPSOperating incomeAdjusted EBITDA(1)Adjusted EBITDA margin(1) “Throughout the quarter, chicken demand remained robust across retail and foodservice given its strong value proposition compared to otherproteins," saidFabio Sandri, Pilgrim’s President and CEO. “We continue to strengthen our relationships with Key Customers across all regions andinvest accordingly to drive sales growth, enhance margins, and reduce volatility.” sales to Key Customers continued to grow faster than category averages, whereas Small Bird benefited from extensive demand among QSRs. BigBird improved production efficiencies and live operations to mitigate impacts of volatile markets. Diversification efforts throughPrepared Foodscontinue to accelerate given incremental distribution across both retail and foodservice. “Our diversified portfolio across bird sizes, differentiation through higher attribute offerings, and growth in value-added products all moderated theimpact of volatile commodity market fundamentals,” remarked Sandri. “Equally important, we strengthened our partnerships with Key Customersthrough innovation, quality, and service.” Investments in theU.S.to strengthen partnerships with Key Customers and to diversify our portfolio through branded growth inPrepared Foodscontinue as planned. “Our investments will not only strengthen our competitive advantage, but also further enable our ability to meet demand for higher attribute offerings inFresh and support the growth ofJust Bare®inPrepared Foods,” said Sandri. Europereinforced Key Customer relationships through new business opportunities. Diversification through brands continues to evolve asFridgeRaiders®achieved new records for household penetration.Rollover®continues to thrive throughout the marketplace from increased distribution withnew accounts. Foodservice has grown given incremental distribution from leading QSRs. “Our profitability journey inEuropehas entered a new phase,” said Sandri. “As such, we are investing in Key Customer partnerships across our multi-protein platform, driving promotional activity, and developing new offerings to create additional consumer demand. When combined, these efforts canaccelerate our efforts to scale our profitable growth.” InMexico, branded offerings across bothFresh and Prepared Foodsconti