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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 29, 2024
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS RELATED PARTY TRANSACTIONS
Pilgrim’s has been and, in some cases, continues to be a party to certain transactions with affiliated companies.
Year Ended
December 29, 2024December 31, 2023December 25, 2022
(In thousands)
Sales to related parties
JBS USA Food Company(a)
$28,230 $27,687 $24,224 
JBS Chile Ltd.3,143 1,733 595 
Other related parties1,960 6,383 5,128 
Total sales to related parties$33,333 $35,803 $29,947 
Year Ended
December 29, 2024December 31, 2023December 25, 2022
(In thousands)
Cost of goods purchased from related parties
JBS USA Food Company(a)
$159,264 $185,258 $156,452 
Seara Meats B.V.28,170 28,828 44,364 
Penasul UK LTD10,670 13,932 13,516 
JBS Asia CO Limited6,248 4,953 7,762 
Other related parties2,130 7,168 1,476 
Total cost of goods purchased from related parties$206,482 $240,139 $223,570 
Year Ended
December 29, 2024December 31, 2023December 25, 2022
(In thousands)
Expenditures paid by related parties
JBS USA Food Company(b)
$121,962 $156,439 $91,568 
Other related parties— 15 97 
Total expenditures paid by related parties$121,962 $156,454 $91,665 
Year Ended
December 29, 2024December 31, 2023December 25, 2022
(In thousands)
Expenditures paid on behalf of related parties
JBS USA Food Company(b)
$14,593 $22,734 $53,065 
Other related parties— 5 5,514 
Total expenditures paid on behalf of related parties$14,593 $22,739 $58,579 
Year Ended
December 29, 2024December 31, 2023December 25, 2022
(In thousands)
Other related party transactions
Capital distribution (contribution) under tax sharing agreement$— $(1,425)$1,592 
December 29, 2024December 31, 2023
(In thousands)
Accounts receivable from related parties
JBS USA Food Company(a)
$1,727 $967 
JBS Chile Ltd.725 585 
Other related parties156 226 
Total accounts receivable from related parties$2,608 $1,778 
December 29, 2024December 31, 2023
(In thousands)
Accounts payable to related parties
JBS USA Food Company(a)
$5,424 $34,038 
Seara Meats B.V.4,861 2,252 
JBS Asia Co Limited4,023 2,254 
Penasul UK LTD714 2,187 
Other related parties235 523 
Total accounts payable to related parties$15,257 $41,254 
(a)The Company routinely executes transactions to both purchase products from JBS USA Food Company (“JBS USA”) and sell products to them. As of December 29, 2024, goods purchased and in transit from JBS USA were $1.6 million and not reflected on our Consolidated Balance Sheets.
(b)The Company has an agreement with JBS USA to allocate costs associated with JBS USA’s procurement of SAP licenses and maintenance services for both companies. Under this agreement, the fees associated with procuring SAP licenses and maintenance services are allocated between the Company and JBS USA in proportion to the percentage of licenses used by each company. The agreement expires on the date of expiration, or earlier termination, of the underlying SAP license agreement. The Company also has an agreement with JBS USA to allocate the costs of supporting the business operations by one consolidated corporate team, which have historically been supported by their respective corporate teams. Expenditures paid by JBS USA on behalf of the Company will be reimbursed by the Company and expenditures paid by the Company on behalf of JBS USA will be reimbursed by JBS USA. This agreement expires on December 31, 2025.