Pilgrim's Pride outlines $900M-$950M 2026 CapEx as Q1 adjusted EBITDA margin drops to 6.8%
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Pilgrim's Pride Corporation reported Q1 2026 net revenues of $4.5 billion and adjusted EBITDA of $308 million, reflecting a drop in adjusted EBITDA margin to 6.8%. The company outlined a capital expenditure plan of $900M-$950M for 2026, attributing the decline in sales and profitability to lower jumbo commodity cutout and deli small bird values compared to the previous year.
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