Just Bare® chicken brand achieved $1 billion in sales, reflecting significant growth and market expansion in 2025.
Quiver AI Summary
Just Bare®, a chicken brand under Pilgrim’s, has achieved over $1 billion in annual retail sales for 2025, reflecting a remarkable 45% growth rate and establishing it as a leader in both frozen and fresh chicken markets. This milestone is attributed to strategic investments in innovation and consumer-focused growth, as highlighted by Pilgrim’s CEO Fabio Sandri. Just Bare has grown its market share from 1% to 13% within three years, showcasing strong performance in the fully cooked chicken category, especially through its successful frozen product line. The brand is supported by JBS, Pilgrim’s majority shareholder, which emphasizes innovation and operational efficiency, further bolstering the prepared foods portfolio. A new facility in Georgia is being developed to meet the increasing demand for Just Bare’s high-quality chicken products, reinforcing JBS's global growth strategy.
Potential Positives
- Just Bare® has surpassed $1 billion in annual retail sales in 2025, marking a significant milestone for the brand.
- The brand achieved a 45% annual growth rate and holds the #1 position in sales pace within the fully cooked chicken category, indicating strong market leadership.
- Just Bare expanded its market share from 1% to 13% within three years, showcasing rapid growth and consumer acceptance.
- A new prepared chicken facility is being built in Walker County, GA to meet rising demand, reflecting ongoing investment in production capabilities and future growth.
Potential Negatives
- While the press release emphasizes the growth and success of Just Bare, it may raise concerns about the company's over-reliance on a single brand for its growth strategy, potentially exposing the company to risks if market dynamics change.
- The announcement highlights a significant investment and a new facility being built, which could imply substantial financial commitments that may impact the company's financial flexibility.
- The press release does not address any potential challenges or how the company plans to sustain its growth momentum amidst increasing competition in the prepared foods market.
FAQ
What milestone did Just Bare® achieve in 2025?
Just Bare® surpassed $1 billion in annual retail sales in 2025, marking a significant growth milestone for the brand.
How fast is Just Bare® growing compared to competitors?
Just Bare® is experiencing a 45% annual growth rate, making it the fastest-growing brand in the frozen and fresh chicken category.
What has contributed to Just Bare®'s success?
Just Bare®'s success is attributed to strategic investments in innovation, operational excellence, and significant market share gains across major retailers.
What type of products does Just Bare® offer?
Just Bare® offers premium fresh and frozen chicken products made from all-natural ingredients, with a focus on quality and transparency.
What are JBS USA's plans for Just Bare®?
JBS USA plans to build a new prepared chicken facility in Georgia to meet growing demand for Just Bare® products.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$PPC Revenue
$PPC had revenues of $4.5B in Q1 2026. This is an increase of 1.23% from the same period in the prior year.
You can track PPC financials on Quiver Quantitative's PPC stock page.
$PPC Hedge Fund Activity
We have seen 173 institutional investors add shares of $PPC stock to their portfolio, and 316 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ removed 1,199,568 shares (-77.3%) from their portfolio in Q4 2025, for an estimated $46,771,156
- AQR CAPITAL MANAGEMENT LLC removed 1,062,156 shares (-23.7%) from their portfolio in Q4 2025, for an estimated $41,413,462
- JACOBS LEVY EQUITY MANAGEMENT, INC removed 1,041,059 shares (-67.8%) from their portfolio in Q4 2025, for an estimated $40,590,890
- D. E. SHAW & CO., INC. added 903,463 shares (+48.0%) to their portfolio in Q4 2025, for an estimated $35,226,022
- BALYASNY ASSET MANAGEMENT L.P. added 751,042 shares (+1196.4%) to their portfolio in Q4 2025, for an estimated $29,283,127
- DIMENSIONAL FUND ADVISORS LP added 742,204 shares (+27.7%) to their portfolio in Q4 2025, for an estimated $28,938,533
- JANE STREET GROUP, LLC removed 638,085 shares (-90.6%) from their portfolio in Q4 2025, for an estimated $24,878,934
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$PPC Price Targets
Multiple analysts have issued price targets for $PPC recently. We have seen 3 analysts offer price targets for $PPC in the last 6 months, with a median target of $45.0.
Here are some recent targets:
- Andrew Strelzik from BMO Capital set a target price of $42.0 on 02/13/2026
- Benjamin Theurer from Barclays set a target price of $45.0 on 12/09/2025
- Leah Jordan from Goldman Sachs set a target price of $46.0 on 10/13/2025
Full Release
GREELEY, Colo., Feb. 19, 2026 (GLOBE NEWSWIRE) -- Just Bare
®
, the fast-growing chicken brand within the Pilgrim’s (NASDAQ: PPC) prepared foods portfolio, has surpassed $1 billion in annual retail sales in 2025. With a 45% annual growth rate and the fastest sales momentum in the category, Just Bare has rapidly evolved from a niche brand into a leading force in frozen and fresh chicken.
“Crossing the $1 billion threshold is a testament not only to the strength of the Just Bare brand, but also to the strategic investments our organization has made in innovation, operational excellence, and consumer-driven growth,” said Fabio Sandri, CEO of Pilgrim’s. “This milestone reflects our team’s commitment to building a modern, high-value prepared foods portfolio – and Just Bare is leading the way.”
In 2025, Just Bare delivered strong market share gains and expanded significantly across major retailers. The brand now holds the #1 position in sales pace within the fully cooked chicken category and has grown its market share from 1% to 13% in just three years. This momentum comes from double-digit distribution growth across mass, club and grocery stores, along with exceptional performance from its frozen fully cooked portfolio, which now generates more than $750 million in annual sales. Just Bare also continued to build on the success of its Oven Roasted platform, which has attracted consumers with its clean-label ingredients and fast 1.5 minute prep time – making it an appealing solution for shoppers seeking convenient, high-quality meals.
“The success of Just Bare reflects the scale, innovation pipeline, and operational strength that comes with being part of the global JBS family,” said Sergio Nahuz, Head of Prepared Foods. “Our collective investment in people, plants, and brands is enabling faster innovation and sustained superior performance.”
Just Bare’s acceleration reinforces the long-term strategy of JBS, majority shareholder of Pilgrim’s, to grow its value-added and prepared foods capabilities globally. A new prepared chicken facility is currently being built in Walker County, Ga. – to produce Just Bare products and meet rising demand for high-quality, convenient protein solutions.
This week, JBS presented an in-depth look of Just Bare’s growth, innovation roadmap, and category leadership during its
2026 CAGNY presentation
, illustrating how the brand is accelerating the expansion and strength of the prepared foods business across the JBS portfolio.
About Just Bare
®
Just Bare
®
provides premium fresh and frozen chicken made from all-natural chicken raised with no antibiotics, no additives, and no preservatives. The brand is built on a promise of simplicity, quality, and transparency—delivering chicken consumers can feel confident serving at home. From fresh, case-ready products to its expanding Oven Roasted and Lightly Breaded platforms, Just Bare offers families a flavorful, trustworthy alternative to traditional frozen chicken, rooted in its belief that “Bare is Better™.”
About Pilgrim’s Pride
Pilgrim’s employs approximately 63,000 people and operates protein processing plants and prepared-foods facilities in 14 states, Puerto Rico, Mexico, the U.K, the Republic of Ireland and continental Europe. The Company’s primary distribution is through retailers and foodservice distributors. For more information, please visit www.pilgrims.com .
About JBS USA
JBS USA is a leading global food company providing diversified, high-quality products to customers in approximately 100 countries on six continents. Headquartered in Greeley, Colorado, the company produces meat and poultry products, a portfolio of recognized brands and innovative premium foods. JBS USA is also a majority shareholder of Pilgrim’s, the largest poultry producer in the world. Visit jbsfoodsgroup.com to learn more.
Media Contact:
Nikki Richardson
JBS USA/Pilgrim’s Communications
[email protected]