The North American chicken processor Pilgrim's Pride, controlled by the Brazilian JBS, had a net profit of US$ 88 million, or US$ 0.37 per share, in the fourth quarter of 2025, the company reported on Wednesday, 11, after the financial market closed. The result represents a drop of 62.7% compared to the same period of the previous year, when Pilgrim's had a profit of US$ 235.9 million, or US$ 0.99 per share. In adjusted terms, profit decreased by 49.6%, to US$ 0.68 per share. Net revenue increased by 3.33%, to US$ 4.52 billion. Analysts consulted by FactSet expected adjusted profit of US$ 0.75 per share and revenue of US$ 4.38 billion. Adjusted Ebitda (earnings before interest, taxes, depreciation, and amortization) fell by 21%, from US$ 525.7 million to US$ 415.1 million. The adjusted Ebitda margin fell by 2.8 percentage points, from 12% to 9.2%. In the United States, net sales decreased by 0.56%, to US$ 2.598 billion. In a statement, Pilgrim's said that the portfolio of fresh ...