NYSE:JBSFood
JBS (JBS) Is Down 18.2% After U.S. Beef Margins Squeezed Despite Higher Sales
In the first quarter of 2026, JBS N.V. reported higher sales of US$21,608.63 million but a sharply lower net income of US$220.59 million, with management pointing to severe cattle shortages, high North American livestock costs and ongoing margin pressure in its key U.S. beef segment.
At the same time, JBS is moving to enhance its capital markets profile by voluntarily adopting U.S.-style quarterly reporting and investing in new projects such as a R$75 million egg production farm in Brazil,...