Pilgrim's Pride第三季度净销售额46.5亿美元降2.2%，净利1.16亿美元，鸡肉供应增加压低价格
全球食品公司 Pilgrim's Pride（Nasdaq: PPC）10月28日在 Greeley, Colorado 公布2026年第三季度业绩：季度净销售额46.532亿美元，同比下降2.2%；净利1.163亿美元、每股收益0.49美元，去年同期每股收益为1.44美元。
盈利指标明显回落：当季营业利润1.915亿美元、同比降61.1%，营业利润率为4.1%；调整后净利1.177亿美元，调整后 EBITDA 为3.163亿美元、利润率6.8%，其中美国业务利润率6.9%、欧洲7.4%、墨西哥4.9%。公司称，美国农业部（USDA）数据显示全美鸡肉供应同比增长2.2%、增幅超过需求，压低了大宗分割品价格。
分业务看，美国鲜鸡业务靠差异化产品组合与养殖、得率效率改善，部分抵消了价格下跌；销量与上一季度大体持平。美国即食食品销量同比增逾15%，旗下 Just Bare 品牌零售额增逾25%、继续领跑全熟鸡肉品类；位于 Walker County, Georgia 的新即食食品厂建设按计划推进，预计2027年下半年投产。欧洲销量与销售额保持稳定，墨西哥鲜品品牌零售量增逾40%。
资产负债表方面，公司净杠杆率为调整后 EBITDA 的1.76倍，低于其2至3倍的目标区间，公司称流动性充足、可支持未来增长机会。
总裁兼首席执行官 Fabio Sandri 表示，当季公司差异化的鸡肉产品组合继续受到强劲需求，消费者在各地区都优先考虑实惠与便利；尽管市场供应显著增加，公司将继续提升运营效率，并靠近年来的投资形成更均衡的产品组合，以缓和大宗价格波动的冲击。
Pilgrim's Pride Third-Quarter Net Sales Fall 2.2% to $4.65 Billion as Net Income Drops to $116.3 Million
Pilgrim's Pride Corporation (Nasdaq: PPC), one of the world's leading food companies, reported third-quarter 2026 results on October 28 in Greeley, Colorado. Net sales were $4,653.2 million, down 2.2% from $4,759.3 million a year earlier. GAAP net income was $116.3 million and GAAP earnings per share were $0.49, compared with $1.44 a year earlier; adjusted net income was $117.7 million.
Profitability fell sharply. Operating income was $191.5 million, down 61.1%, for a margin of 4.1%, and adjusted EBITDA was $316.3 million, a 6.8% margin, with margins of 6.9% in the U.S., 7.4% in Europe and 4.9% in Mexico. The company said U.S. Department of Agriculture data show U.S. chicken supply rose 2.2% year over year, outpacing demand growth and pressuring commodity cutout values.
In the U.S., fresh chicken benefited from a differentiated product mix and improvements in live operations and yields, partly offsetting lower prices, while volumes held steady versus the prior quarter. U.S. Prepared Foods volumes rose more than 15% year over year, and the Just Bare brand's retail sales grew more than 25% as it continued to lead the fully cooked chicken category. Construction of the new prepared foods facility in Walker County, Georgia remains on track, with commissioning expected in the second half of 2027. Europe sales and volumes were stable, and in Mexico fresh branded retail offerings grew more than 40%.
The company said its net leverage ratio is 1.76 times adjusted EBITDA, below its target range of 2 to 3 times, and that it maintains a strong liquidity position to support future growth opportunities.
President and CEO Fabio Sandri said the company's differentiated portfolio of chicken products continued to experience strong demand as affordability and convenience remain priorities among consumers across all regions, and that the company remains focused on its investments and strategies to drive profitable growth and adapt its portfolio to changing conditions.
来源：GSM·美国（原文链接）
图片来源：图：养殖场内的肉鸡正在采食饮水（资料图）。照片：Icem4k 摄，CC BY-SA 4.0，经 Wikimedia Commons。 / Broiler chickens feeding and drinking on a farm (illustrative photo). Photo: Icem4k, CC BY-SA 4.0, via Wikimedia Commons.
