v3.26.3
REVENUE RECOGNITION (Tables)
9 Months Ended
Sep. 27, 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 September 27, 2026
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$2,044,077 $372,939 $130,517 $132,601 $2,680,134 
Europe454,222 761,824 139,188 18,779 1,374,013 
Mexico499,513 62,145 — 37,401 599,059 
Total net sales$2,997,812 $1,196,908 $269,705 $188,781 $4,653,206 
Three Months Ended September 28, 2025
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$2,285,301 $351,242 $119,827 $80,243 $2,836,613 
Europe441,162 796,788 154,545 — 1,392,495 
Mexico439,265 60,887 — 30,082 530,234 
Total net sales$3,165,728 $1,208,917 $274,372 $110,325 $4,759,342 
Nine Months Ended September 27, 2026
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$6,218,011 $1,069,440 $347,238 $330,085 $7,964,774 
Europe1,356,838 2,276,326 447,718 34,522 4,115,404 
Mexico1,430,314 198,912 — 102,665 1,731,891 
Total net sales$9,005,163 $3,544,678 $794,956 $467,272 $13,812,069 
Nine Months Ended September 28, 2025
(In thousands)
FreshPreparedExport
Other (a)
Total
U.S.$6,829,130 $983,630 $328,630 $258,797 $8,400,187 
Europe1,178,340 2,350,310 424,693 41,951 3,995,294 
Mexico1,332,735 167,216 — 84,284 1,584,235 
Total net sales$9,340,205 $3,501,156 $753,323 $385,032 $13,979,716 
(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 September 27, 2026
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$1,494,425 $909,515 $130,517 $145,677 $2,680,134 
Europe818,569 240,178 139,188 176,078 1,374,013 
Mexico(a)
165,219 269,447 — 164,393 599,059 
Total net sales$2,478,213 $1,419,140 $269,705 $486,148 $4,653,206 
Three Months Ended September 28, 2025
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$1,565,285 $1,051,877 $119,827 $99,624 $2,836,613 
Europe851,509 242,759 154,545 143,682 1,392,495 
Mexico(a)
147,572 232,642 — 150,020 530,234 
Total net sales$2,564,366 $1,527,278 $274,372 $393,326 $4,759,342 
Nine Months Ended September 27, 2026
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$4,505,685 $2,728,543 $347,238 $383,308 $7,964,774 
Europe2,488,330 738,772 447,718 440,584 4,115,404 
Mexico(a)
483,483 765,983 — 482,425 1,731,891 
Total net sales$7,477,498 $4,233,298 $794,956 $1,306,317 $13,812,069 
Nine Months Ended September 28, 2025
(In thousands)
RetailFoodserviceExportOtherTotal
U.S.$4,638,890 $3,135,145 $328,630 $297,522 $8,400,187 
Europe2,473,737 700,026 424,693 396,838 3,995,294 
Mexico(a)
413,559 716,996 — 453,680 1,584,235 
Total net sales$7,526,186 $4,552,167 $753,323 $1,148,040 $13,979,716 
(a)Included in Mexico’s foodservice channel are sales to wholesale public meat markets that typically sell product on to foodservice customers. Included in Mexico’s 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(19,410)
Cash received, excluding amounts recognized as revenue during the period10,319 
Currency translation78 
Balance as of September 27, 2026$28,609