0000100493-26-000020
SEC filingRevenue grew 4.4% and net income surged to $260M, driven by cost improvements and lapping prior-year legal charges, though Beef remains a drag.
Revenue for the second quarter of fiscal 2026 was $13.7 billion, a 4.4% increase compared to $13.1 billion in the prior year. The growth was primarily driven by higher average sales prices across all segments, reflecting increased input costs and strong demand. However, volume declines in Beef and International segments partially offset the pricing gains.
While segment-level margins are not disclosed in this filing, the business context indicates that Chicken and Prepared Foods posted strong margins, while Beef remained negative. The Prepared Foods segment benefited from the closure of a production facility, which improved operational efficiency. The Beef segment continues to face headwinds from lower volume and market conditions.