Investment in National Beef Packing Company, LLC (Tables)

3 Months Ended

Mar. 29, 2025

Equity Method Investments and Joint Ventures [Abstract]

Schedule of changes to USPB’s investment in NBP


Investment at December 28, 2024		$	169,381
Equity in net loss for thirteen-week period			(10,263	)
Distributions			–
Investment at March 29, 2025		$	159,119

Investment at December 30, 2023		$	162,597
Equity in net loss for thirteen-week period			(682	)
Distributions			–
Investment at March 30, 2024		$	161,915

Schedule of results of operations for NBP


		13-weeks ended				13-weeks ended
		March 29, 2025				March 30, 2024
		(unaudited)				(unaudited)
Net sales		$	3,266,229			$	2,830,002
Costs and expenses:
Cost of sales			3,249,974				2,752,743
Selling, general, and administrative expenses			30,638				37,372
Depreciation and amortization			41,692				34,538
Total costs and expenses			3,322,304				2,824,653
Operating (loss) income			(56,075	)			5,349
Other income (expense):
Interest income			11				41
Interest expense			(11,541	)			(9,111	)
Net loss before taxes			(67,605	)			(3,721	)
Income tax expense			519				195
Net loss		$	(67,086	)		$	(3,526	)

NBP’s net loss attributable to USPB		$	(10,112	)		$	(531	)