Jbs N.V. (JBS)

The company now

JBS N.V. reported second-quarter 2026 net sales of $23.9 billion, up 14 percent from a year earlier, and a net loss of $102 million 1. The company said profit was pressured by a tough comparison base, because its poultry operations had posted record results a year earlier 1. Its one-time items included $172 million of premiums, interest and costs on bond tender offers and $133 million of antitrust settlements 1.

On 18 August 2026 JBS proposed to acquire every share of Pilgrim's Pride Corporation, the U.S. chicken producer, that it does not already own 4. The offer is a fixed ratio of 2.086 JBS Class A shares for each Pilgrim's Pride share, and JBS owns about 82 percent of the company 4.

Pilgrim's Pride said on 9 October that independent directors had formed a special committee to review the proposal 7. JBS said there is no guarantee that it will enter into a binding agreement 4.

The company also announced a change at the top 2. Wesley Batista Filho, 34, will become Global CEO in January 2027, and Gilberto Tomazoni, who has served eight years as Global CEO, will step down 2. Batista Filho is the son of one non-executive director and the nephew of another, and together those two directors are the company's ultimate controlling shareholders 2.

On 15 September JBS S.A., the Brazilian subsidiary, signed an agreement with Viva Holding to combine their leather businesses in a new company, JBS Viva, owned 50 percent by each side 3. JBS said closing depends on conditions customary for this type of deal 3. JBS said it will release third-quarter results after the U.S. market closes on 9 November and hold a call on 10 November 8.

As of Nov 4, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.

Newer filings are on file since this was written; an update is queued.