Advertisement
Tyson Foods Affirms FY22 Sales Outlook As Q2 Net Profit Edges Up
(RTTNews) - Tyson Foods, Inc. (TSN) reported Monday that its second-quarter net Income attributable to the company edged up $750 million or $2.07 per share from $749 million or $2.05 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter were $1.94 per share, compared to $2.70 per share in the year-ago quarter.
Sales for the quarter increased to $13.50 billion from $12.49 billion in the same quarter last year. Analysts expected revenue of $13.24 billion for the quarter.
Looking ahead to fiscal 2022, the company continues to projects sale in a range of $52 billion to $54 billion. The Street is looking for revenues of $52.80 billion for the year.
read more
Tyson Foods Q3 Profit Surges
Meat processor Tyson Foods, Inc. reported Monday a profit for the third quarter that surge from last year, reflecting improved operating margins and lower income tax expense amid continued strength in chicken and prepared foods. Sales also improved in four out of the company's five operational segments.
RTTNews
|
38 days ago
Tyson Foods Q4 Results Top Estimates
Meat processor Tyson Foods reported Tuesday a profit for the fourth quarter compared to a loss last year, reflecting improved margins and sales growth. Both adjusted earnings per share and quarterly sales topped analysts' expectations. However, the company provided weak sales guidance for the full-year 2025.
RTTNews
|
668 days ago
Tyson Foods Swings To Profit In Q3; Backs FY24 Sales Outlook
Tyson Foods, Inc. (TSN) reported Monday net income attributable to the company for the third quarter of $191 million or $0.54 per share, compared to a net loss of $417 million or $1.18 per share in the prior-year quarter.
RTTNews
|
767 days ago
Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates
Tyson Foods, Inc. (TSN) reported Monday a net loss attributable to the company for the fourth quarter of $450 million or $1.31 per share, compared to net income of $538 million or $1.50 per share in the prior-year quarter.
RTTNews
|
1033 days ago
Tyson Recalls Fully Cooked Chicken Fun Nuggets
Tyson Foods, Inc. is recalling around 29,819 pounds of frozen, fully cooked chicken "Fun Nuggets" sold to retailers for possible contamination with extraneous materials, specifically metal pieces, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
RTTNews
|
1040 days ago
Tyson Foods To Close 2 US Chicken Plants, Lay Off 1,700 Workers
Tyson Foods Inc. plans to close two poultry plants in the United States and lay off almost 1,700 employees on May 12, reports said. The current scale and inability to economically improve operations is said to have led to the decision to close the facilities. The plants in Van Buren, Arkansas and Glen Allen, Virginia will be closed as part of its cost saving measures.
RTTNews
|
1276 days ago
U.S. Consumer Prices Increase In Line With Estimates In August
A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased in line with economist estimates in the month of August.
RTTNews
|
40 minutes ago
IEA Cuts Oil Demand Forecast; Canadian Markets Eye Recovery
Canadian stocks may open with positive bias Friday as oil prices decline following the International Energy Agency's downward revision of global oil demand. Investors seek bargains after six consecutive days of losses. U.S. consumer price data could impact sentiment.
RTTNews
|
48 minutes ago
