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Pilgrim's Pride Corporation PPC Gain (loss) on extinguishment of debt

Gain (loss) on extinguishment of debt at other companies

POS
Post HoldingsPOST
$0
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Beyond MeatBYND
$57.73M

Other financials

Income statement

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Revenue$4.5B+1.6%
Gross profit$345.5M-37.7%
Operating income$162.6M-59.8%
Net income$101.4M-65.7%
EPS (diluted)$0.43-65.3%

Balance sheet

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Cash & equivalents$542.4M-73.9%
Total debt$3.3B-3.0%
Total equity$3.7B+18.8%
Total assets$10.2B-6.9%

Cash flow

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Operating cash flow$140.8M+11.0%
CapEx$145.7M-0.5%
Free cash flow-$293.4M-302%

Valuation

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Market cap$6.31B-47.3%
Enterprise value$9.12B-37.0%
P/E7.1×-2.6×
P/S0.3×-0.3×

Profitability

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Gross margin11.6%-2.2pp
Operating margin7.4%-1.8pp
Net margin4.8%-1.9pp
FCF margin2%

Returns & leverage

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Return on equity25.9%-10.6pp
Debt / equity0.9×-0.2×
Current ratio1.5×+0.1×

Where this comes from

Reported directly by Pilgrim's Pride Corporation in its filing.

Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.

The source filing: Pilgrim's Pride Corporation’s 10-Q, filed April 30, 2026.

Filed
Apr 29, 2026, 8:02 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000802481-26-000030
Line itemThree Months Ended / March 29, 2026Three Months Ended / March 30, 2025
Loan cost amortization1,2161,239
Accretion of discount related to Senior Notes584608
Asset impairment589
Gain on early extinguishment of debt recognized as a component of interest expense(107)
Changes in operating assets and liabilities:
Trade accounts and other receivables74,288(91,504)
Inventories(16,027)(64,233)
Prepaid expenses and other current assets10,208(44,021)

ITEM 1. CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

FAQ

What is Pilgrim's Pride Corporation's gain (loss) on extinguishment of debt?
Pilgrim's Pride Corporation (PPC) reported gain (loss) on extinguishment of debt of $0 in Q1 2026.
How has Pilgrim's Pride Corporation's gain (loss) on extinguishment of debt changed year-over-year?
Pilgrim's Pride Corporation's gain (loss) on extinguishment of debt decreased by 100.0% year-over-year, from $107K to $0.
What does gain (loss) on extinguishment of debt mean?
Gains or losses from retiring debt before maturity — gains when debt is repurchased below par, losses when premiums are paid for early redemption.

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