Pilgrim’s Pride Corporation is a leading producer, processor, marketer, and distributor of fresh, frozen, and value-added chicken and pork products. Operating as a vertically integrated company, it controls nearly every phase of production, from feed milling and hatcheries to processing and distribution. The company serves a global market, supplying products to retailers, distributors, and foodservice operators across the United States, the United Kingdom, Europe, Mexico, and over 120 additional countries. Pilgrim’s Pride is majority-owned by JBS S. A., which holds 82.28% of its outstanding common stock.

The company generates revenue through the sale of three primary product categories: fresh, prepared, and exported products. Fresh products include refrigerated whole or cut-up chicken, frozen whole chickens, and case-ready chicken, as well as pork and lamb products in the U. K. Prepared products encompass portion-controlled fillets, deli items, formed nuggets, patties, and fully or partially cooked items, often breaded or marinated. Exported products consist of whole chickens and parts, sold either refrigerated or frozen, alongside pork cuts for international markets. Revenue is derived from foodservice customers, such as chain restaurants and food processors, as well as retail customers, including grocery chains and wholesale clubs.

The company operates through the following segments.

• U. S.: This segment focuses on the production and sale of fresh, prepared, and exported chicken products, primarily serving foodservice and retail markets in the United States. In 2025, fresh products accounted for 80.9% of the segment’s sales, while prepared and exported products contributed 12.0% and 4.1%, respectively.

• Europe: This segment produces and sells fresh chicken, pork, and lamb products, alongside a significant prepared foods portfolio. Prepared products dominated the segment’s sales in 2025, representing 58.6% of revenue, while fresh and exported products contributed 29.9% and 10.8%, respectively. The segment operates in the U. K., the Republic of Ireland, and continental Europe.

• Mexico: This segment specializes in fresh and prepared chicken products, with fresh products comprising 83.2% of the segment’s sales in 2025. Prepared foods accounted for 11.3%, while other products made up the remainder. The segment also plays a key role in Mexico’s live chicken market.

Pilgrim’s Pride holds a prominent position in the highly competitive global poultry and pork industries. Its vertically integrated supply chain provides cost and quality advantages over non-integrated competitors, enabling better control over food safety, margins, and customer service. The company competes on price, product quality, brand recognition, and customer service, leveraging its extensive portfolio of trademarks, including Pilgrim’s, Just Bare, Gold’n Plump, and Moy Park. While poultry and pork are relatively affordable protein sources, the company also competes indirectly with producers of other meats and seafood, as consumer preferences shift based on price fluctuations. Its strategic plant locations and global distribution network further strengthen its ability to meet demand efficiently.

The company serves a diverse customer base, including major foodservice operators, retail chains, and export markets. Key foodservice customers include Chick-fil-A, McDonald’s, and broad-line distributors, while retail clients encompass grocery chains such as Kroger, Costco, Publix, H-E-B, Sainsbury’s, Tesco, and Walmart. In 2025, the company’s two largest U. S. customers accounted for approximately 16.8% of consolidated net sales, though no single customer represented 10% or more of total revenue. The company’s products are distributed across the U. S., the U. K., Europe, Mexico, and over 120 other international markets.