v3.25.4
REVENUE RECOGNITION
 12 Months Ended
Dec. 28, 2025
Revenue from Contract with Customer [Abstract]  
REVENUE RECOGNITION REVENUE RECOGNITION
Disaggregated Revenue
Revenue has been disaggregated into the following categories below to show how economic factors affect the nature, amount, timing, and uncertainty of revenue and cash flows:
Year Ended December 28, 2025
FreshPreparedExport
Other(a)
Total
(In thousands)
U.S. $8,892,558 $1,316,423 $451,284 $338,467 $10,998,732 
Europe1,607,792 3,150,863 578,259 41,951 5,378,865 
Mexico1,763,169 239,426 — 117,361 2,119,956 
Total net sales$12,263,519 $4,706,712 $1,029,543 $497,779 $18,497,553 
Year Ended December 29, 2024
FreshPreparedExport
Other(a)
Total
(In thousands)
U.S.$8,731,904 $1,094,818 $468,553 $334,654 $10,629,929 
Europe1,178,459 3,381,178 477,486 99,624 5,136,747 
Mexico1,777,815 220,270 — 113,530 2,111,615 
Total net sales$11,688,178 $4,696,266 $946,039 $547,808 $17,878,291 
Year Ended December 31, 2023
FreshPreparedExport
Other(a)
Total
(In thousands)
U.S.$8,105,268 $978,423 $533,205 $410,846 $10,027,742 
Europe1,074,900 3,525,359 472,657 130,406 5,203,322 
Mexico1,796,670 212,651 — 121,832 2,131,153 
Total net sales$10,976,838 $4,716,433 $1,005,862 $663,084 $17,362,217 
(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:
Year Ended December 28, 2025
RetailFoodserviceExportOtherTotal
(In thousands)
U.S. $6,129,565 $4,024,380 $451,284 $393,503 $10,998,732 
Europe3,331,499 932,128 578,259 536,979 5,378,865 
Mexico(a)
570,112 942,019 — 607,825 2,119,956 
Total net sales$10,031,176 $5,898,527 $1,029,543 $1,538,307 $18,497,553 
Year Ended December 29, 2024
RetailFoodserviceExportOtherTotal
(In thousands)
U.S. $5,708,826 $4,029,197 $468,553 $423,353 $10,629,929 
Europe3,257,803 846,284 477,486 555,174 5,136,747 
Mexico(a)
531,724 982,429 — 597,462 2,111,615 
Total net sales$9,498,353 $5,857,910 $946,039 $1,575,989 $17,878,291 
Year Ended December 31, 2023
RetailFoodserviceExportOtherTotal
(In thousands)
U.S. $5,111,023 $3,829,397 $533,205 $554,117 $10,027,742 
Europe3,220,272 917,304 472,657 593,089 5,203,322 
Mexico(a)
502,408 986,567 — 642,178 2,131,153 
Total net sales$8,833,703 $5,733,268 $1,005,862 $1,789,384 $17,362,217 
(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.
Contract Costs
The Company can incur incremental costs to obtain or fulfill a contract such as broker expenses that are not expected to be recovered. The amortization period for such expenses is less than one year; therefore, the costs are expensed as incurred.
Taxes
The Company excludes all taxes assessed by a governmental authority that are both imposed on and concurrent with a specific revenue-producing transaction and collected by the entity from a customer (for example, sales, use, value added and some excise taxes) from the transaction price.
Contract Balances
The Company receives payment from customers based on terms established with the customer. Payments are typically due within 14 to 30 days of delivery. Revenue contract liabilities relate to payments received in advance of satisfying the performance under the customer contract. The revenue contract liabilities relate to customer prepayments and the advanced consideration, such as cash, received from governmental agency contracts for which performance obligations to the end customer have not been satisfied.
Changes in the revenue contract liability balances for the years ended December 28, 2025 and December 29, 2024 were as follows:
December 28, 2025December 29, 2024
(In thousands)
Balance, beginning of year$48,898 $84,958 
Revenue recognized (45,443)(82,331)
Cash received, excluding amounts recognized as revenue during the period34,167 46,271 
Balance, end of year$37,622 $48,898