v3.26.1
REVENUE RECOGNITION (Tables)
6 Months Ended
Jun. 28, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue
Disaggregated Revenue
Revenue has been disaggregated into the categories below to show how economic factors affect the nature, amount, timing and uncertainty of revenue and cash flows:
Three Months Ended June 28, 2026
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$2,088,722 $339,121 $115,508 $105,891 $2,649,242 
Europe468,551 750,299 155,098 15,699 1,389,647 
Mexico484,686 68,525 — 34,130 587,341 
Total net sales$3,041,959 $1,157,945 $270,606 $155,720 $4,626,230 
Three Months Ended June 29, 2025
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$2,328,944 $308,479 $99,638 $83,324 $2,820,385 
Europe415,124 794,844 146,287 15,015 1,371,270 
Mexico481,575 55,914 — 28,221 565,710 
Total net sales$3,225,643 $1,159,237 $245,925 $126,560 $4,757,365 
Six Months Ended June 28, 2026
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$4,173,934 $696,501 $216,721 $197,484 $5,284,640 
Europe902,616 1,514,502 308,530 15,743 2,741,391 
Mexico930,801 136,767 — 65,264 1,132,832 
Total net sales$6,007,351 $2,347,770 $525,251 $278,491 $9,158,863 
Six Months Ended June 29, 2025
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$4,543,829 $632,388 $208,803 $178,554 $5,563,574 
Europe737,178 1,553,522 270,148 41,951 2,602,799 
Mexico893,470 106,329 — 54,202 1,054,001 
Total net sales$6,174,477 $2,292,239 $478,951 $274,707 $9,220,374 
(a)    Included in Other sales shown above are sales of commodity grains and protein byproducts
Additional disaggregation of revenue by sales channel is provided below:
Three Months Ended June 28, 2026
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$1,474,284 $942,935 $115,508 $116,515 $2,649,242 
Europe829,360 229,165 155,098 176,024 1,389,647 
Mexico(a)
164,100 262,397 — 160,844 587,341 
Total net sales$2,467,744 $1,434,497 $270,606 $453,383 $4,626,230 
Three Months Ended June 29, 2025
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$1,529,945 $1,094,791 $99,638 $96,011 $2,820,385 
Europe850,374 230,723 146,287 143,886 1,371,270 
Mexico(a)
141,941 257,543 — 166,226 565,710 
Total net sales$2,522,260 $1,583,057 $245,925 $406,123 $4,757,365 
Six Months Ended June 28, 2026
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$3,011,260 $1,819,028 $216,721 $237,631 $5,284,640 
Europe1,669,761 498,594 308,530 264,506 2,741,391 
Mexico(a)
318,264 496,536 — 318,032 1,132,832 
Total net sales$4,999,285 $2,814,158 $525,251 $820,169 $9,158,863 
Six Months Ended June 29, 2025
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$3,073,605 $2,083,268 $208,803 $197,898 $5,563,574 
Europe1,622,228 457,267 270,148 253,156 2,602,799 
Mexico(a)
265,987 484,354 — 303,660 1,054,001 
Total net sales$4,961,820 $3,024,889 $478,951 $754,714 $9,220,374 
(a)Included in Mexico foodservice channel are sales to wholesale public meat markets that typically sell product on to foodservice customers. Included in Mexico other channel are sales to live chicken markets.
Schedule of Changes in Revenue Contract Liabilities
Changes in the revenue contract liabilities balance are as follows (in thousands):
Balance as of December 28, 2025$37,622 
Revenue recognized(17,835)
Cash received, excluding amounts recognized as revenue during the period11,460 
Currency translation160 
Balance as of June 28, 2026$31,407