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RELATED PARTY TRANSACTIONS
 12 Months Ended
Dec. 28, 2025
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 28, 2025December 29, 2024December 31, 2023
(In thousands)
Sales to related parties
JBS Toledo N.V.$41,947 $— $— 
JBS USA Food Company(a)
23,307 28,230 27,687 
JBS Chile Ltd.2,797 3,143 1,733 
Other related parties7,483 1,960 6,383 
Total sales to related parties$75,534 $33,333 $35,803 
Year Ended
December 28, 2025December 29, 2024December 31, 2023
(In thousands)
Cost of goods purchased from related parties
JBS USA Food Company(a)
$145,324 $159,264 $185,258 
Seara Meats B.V.89,131 28,170 28,828 
Penasul UK LTD41,804 10,670 13,932 
JBS Asia CO Limited11,027 6,248 4,953 
Other related parties2,560 2,130 7,168 
Total cost of goods purchased from related parties$289,846 $206,482 $240,139 
Year Ended
December 28, 2025December 29, 2024December 31, 2023
(In thousands)
Expenditures paid by related parties
JBS USA Food Company(b)
$249,329 $121,962 $156,439 
Other related parties— — 15 
Total expenditures paid by related parties$249,329 $121,962 $156,454 
Year Ended
December 28, 2025December 29, 2024December 31, 2023
(In thousands)
Expenditures paid on behalf of related parties
JBS USA Food Company(b)
$12,931 $14,593 $22,734 
Other related parties— — 5 
Total expenditures paid on behalf of related parties$12,931 $14,593 $22,739 
Year Ended
December 28, 2025December 29, 2024December 31, 2023
(In thousands)
Other related party transactions
Capital contribution under tax sharing agreement$— $— $(1,425)
December 28, 2025December 29, 2024
(In thousands)
Accounts receivable from related parties
JBS Toledo N.V.$10,486 $— 
JBS USA Food Company(a)
1,629 1,727 
JBS Chile Ltd.763 725 
Other related parties520 156 
Total accounts receivable from related parties$13,398 $2,608 
December 28, 2025December 29, 2024
(In thousands)
Accounts payable to related parties
Seara Meats B.V.$26,686 $4,861 
JBS USA Food Company(a)
8,346 5,424 
Penasul UK LTD1,156 714 
JBS Asia Co Limited— 4,023 
Other related parties7,328 235 
Total accounts payable to related parties$43,516 $15,257 
(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 28, 2025, goods purchased and in transit from JBS USA were $1.5 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 expired on December 31, 2025, but effectively continues month-to-month until a new agreement is finalized.