Stock Track | Pilgrim's Pride Plummets 5.02% on Disappointing Quarterly Results

Stock Track02-13

Pilgrim's Pride Corporation (PPC) shares plummeted 5.02% during intraday trading on Thursday, following the release of its quarterly financial results.

The sharp decline came after the chicken and pork producer reported disappointing quarterly results for the fourth quarter ended December 28, 2025. The company's net income dropped significantly to USD 87.93 million, representing a 62.7% decrease compared to previous periods.

The poor financial performance was attributed to several factors including expenses related to probable settlements in ongoing litigation, restructuring losses associated with severance and asset impairment in its Europe segment, losses on pension plan settlements, and broiler losses resulting from Hurricane Helene in late September 2024.

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