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 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
|
il y a 258
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
|
il y a 357
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
|
il y a 623
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
|
il y a 631
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
|
il y a 866
Sensex, Nifty Struggle For Direction In Early Trade
Indian shares struggled for direction on Tuesday due to lingering uncertainty over the India-U.S. trade negotiations.
RTTNews
|
il y a 37 minutes
Australian Market Trims Early Losses In Mid-market
The Australian stock market is trimming is early losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,700 level, with weakness in financial and technology stocks partially offset by some gains in energy stocks.
RTTNews
|
il y a 1h 45min
Asian Markets Trade Mostly Lower
Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, as traders remain cautious ahead of the U.S. interest rate decision later in the week and as they await the outcome of the U.S.-China trade talks. Meanwhile, several European leaders voiced concerns over the EU-U.S. trade deal, calling it 'lopsided' and 'unsustainable'.
RTTNews
|
il y a 1h 52min
