Wednesday, February 11, 2026 at 10:28 PM
Pilgrim's Pride Corp.
reported fourth-quarter earnings of $88 million, with a per-share profit of 37 cents, while facing challenges from commodity trends.
The food-delivery platform, also known as Maplebear, posted net income of $81 million, or 30 cents a share, down from $148 million, or 53 cents a share, from the same period a year earlier.
Moody’s logged higher profit and revenue in the fourth quarter, as the company said efforts to scale new technologies across its business were paying off.
The house of beauty and fragrance brands posted a quarterly loss of $126.9 million, compared with a profit of $20.4 million a year earlier.
PG&E’s fourth-quarter net income fell from a year ago but the California power producer boosted the lower end of its projection for 2026 adjusted earnings.
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