Pilgrim's Pride's US Fresh Segment Drives Margin Stability Amid Commodity Downturn

Pilgrim's Pride's U.S. Fresh segment has driven margin stability despite a downturn in commodity chicken pricing. The Case Ready and Small Bird businesses benefited from strong retail and QSR demand, while Big Bird captured efficiencies from targeted operational improvements. The Fresh portfolio also absorbed pressure from Big Bird commodity declines, thanks to ongoing operational upgrades. Margin stability was mainly driven by the fresh segment's reliable performance.