Pilgrim's Pride Q3 sales beat estimates helped by rising demand in its U.S. prepared food segment

Pilgrims Pride

29/10/2025 20:42

Overview

Pilgrim's Pride Q3 net sales rise 3.8% to $4.76 bln, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q3 also beats estimates per LSEG data

Company plans over $500 mln U.S. investment to support growth and diversification

Outlook

Pilgrim's plans over $500 mln U.S. investments to support growth over the next two years

Expansion efforts in Mexico to diversify portfolio remain on schedule

Result Drivers

U.S. FRESH PERFORMANCE - Strong performance attributed to diversified portfolio, focus on quality and service, and operational excellence

PREPARED FOODS GROWTH - U.S. Prepared Foods sales increased over 25% compared to prior year, driven by Just Bare market share growth

EUROPEAN INNOVATION - New product offerings and a 10-year supply agreement support growth with Key Customers

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$4.76 bln
$4.69 bln (6 Analysts)
Q3 EPS
$1.44
Q3 Adjusted EBITDA
Beat
$633.10 mln
$592.39 mln (5 Analysts)
Q3 Adjusted EBITDA Margin
13.30%
Q3 Operating Income
$492.60 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the food processing peer group is "buy."

Wall Street's median 12-month price target for Pilgrims Pride Corp is $47.50, about 20% above its October 28 closing price of $37.98

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nGNX3QvlhZ

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)