iHub News
4月前
Tyson Foods tops Q1 forecasts as prepared foods and chicken drive resultsFebruary 2, 2026 9:50 AM
IH Market News
Tyson Foods, Inc. (NYSE:TSN) delivered a stronger-than-expected first quarter, with both adjusted earnings and revenue coming in ahead of forecasts, supported by solid momentum in its prepared foods business and continued market share gains in chicken.The food producer reported adjusted earnings per share of $0.97, beating the consensus estimate of $0.93. Revenue rose 5.1% year on year to $14.31 billion, also exceeding analyst expectations of about $14.0 billion. Tyson shares gained around 1% following the release.“Our first quarter results reflect solid execution across our portfolio,” said Donnie King, President & CEO of Tyson Foods. “Prepared Foods delivered top and bottom-line growth while Chicken reported its fifth consecutive quarter of year-over-year volume gains.”The prepared foods segment, home to brands such as Jimmy Dean and Hillshire Farm, posted a 7.9% increase in sales to $2.67 billion and generated operating income of $322 million. In the chicken division, volumes rose 3.7%, although revenue edged up only slightly to $4.21 billion due to largely flat pricing.Beef continued to be a weak spot, with the segment recording an adjusted operating loss of $143 million, though this marked an improvement compared with recent quarters. The pork business performed better, delivering adjusted operating income of $111 million, up from $73 million a year earlier.Looking ahead, Tyson reaffirmed its fiscal 2026 guidance, projecting total adjusted operating income of $2.1 billion to $2.3 billion and revenue growth of between 2% and 4% versus fiscal 2025.During the quarter, the company generated $942 million in operating cash flow and reduced total debt by $468 million. Free cash flow came in at $690 million, slightly below the $760 million recorded in the same period last year.“As protein demand continues to increase, our consistent share gains demonstrate we are well-positioned to capture this momentum,” King added.Tyson Foods stock price
Original: Tyson Foods tops Q1 forecasts as prepared foods and chicken drive results
whytestocks
7年前
News: $TSN Tyson Foods Reports Third Quarter Fiscal 2019 Results
SPRINGDALE, Ark., Aug. 05, 2019 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair , today r...
Read the whole news Tyson Foods Reports Third Quarter Fiscal 2019 Results
crudeoil24
7年前
Tyson's Stock Jumps After Introducing New Plant-based Nuggets, 'blended' Burgers -- MarketWatch
7:08 am ET June 13, 2019 (MarketWatch)
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Shares of Tyson Foods Inc. (TSN) rallied 1.7% in premarket trade Thursday, after the meat producer said it was entering the alternative protein market, as it unveiled new plant-based products under the Raised & Rooted brand. The company said it initial products it will launch this year include plant-based nuggets and "blended" burgers made with a combination of meat and plants. The company said its Aidells brand has also launched sausage and meatballs made with chicken and plant-based ingredients. "Today's consumers are seeking more protein options so we're creating new products for the growing number of people open to flexible diets that include both meat and plant-based protein," said Chief Executive Noel White. "For us, this is about 'and' -- not 'or.'" Tyson's announcement comes after Beyond Meat Inc.'s (http://www.marketwatch.com/story/beyond-meat-at-risk-as-competitors-like-impossible-burger-take-root-2019-06-12)(BYND) initial public offering was well received to say the least, as the stock closed Wednesday at $141.97, or nearly six-times the $25 IPO price. Tyson's stock has rallied 53.4% year to date through Wednesday, while the S&P 500 has gained 14.9%.
-Tomi Kilgore
For more from MarketWatch: http://www.marketwatch.com/newsviewer
(END) Dow Jones Newswires
June 13, 2019 07:08 ET (11:08 GMT)
tw0122
7年前
US factory workers are touching raw chicken with their bare hands as it ‘piles up’ on the production line, an investigation has found.
Channel 4’s Dispatches sent an undercover reporter to work in a poultry processing plant in Texas, operated by the country’s biggest poultry producer, Tyson Foods.
They found the factory relied on chlorinating chicken as a ‘fail-safe’ to kill bacteria caused by a range of ‘unhygienic’ processes.
Presenter Kate Quilton, who is fronting the investigation, described the undercover footage of the factory as ‘shocking’.
ITMS
8年前
Tyson Foods Flops After Earnings, Here's The Trade
Earlier today, leading food company, Tyson Foods Inc (NYSE:TSN), reported earnings that disappointed the street. The stock is trading lower by $3.50 to $58.09 a share. Traders and investors should note that the stock has been forming a bearish base on the larger times frame charts. This pattern still indicates further downside for the stock price. The next important support level that I see is going to be around the $52.00 level. This is where the stock was defended in January 2016 and it should be solid support when retested. The food company owns popular brands such as Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells and State Fair.
Nicholas Santiago
InTheMoneyStocks
Pro-Life
10年前
What a joke... and the insiders got out at the top:
http://ih.advfn.com/p.php?pid=nmona&article=72965048
On September 2, 2016, some in the media reported the filing of an antitrust class action lawsuit against Tyson Foods and some of its peers for conspiring to manipulate the price of broiler chickens. Allegedly, in 2008, Tyson Foods and several other companies conspired by sharing proprietary data and reducing production to support prices. On October 7, 2016, Pivotal Research downgraded Tyson Foods due to fears over the class action against the Company, which it called "powerfully convincing." When this information came into view to the public, the stock price of Tyson Foods decreased, causing investors harm.