A Detailed Look into Tyson Foods' Sales and Operating Income Forecasts for the Remainder of FY2024
Monday, 6 May 2024, 16:47
Quarterly numbers
- Tyson reported sales of $13.07 billion for Q2 2024.
- GAAP EPS was $0.41, with adjusted EPS of $0.62, beating estimates.
FY2024 expectations
- The Chicken segment saw volume decrease over 6% in Q2.
- Adjusted operating loss in Beef segment due to spread compression.
- Sales in the Pork segment rose 4% with an improvement in spreads.
This post provides an in-depth analysis of Tyson Foods' sales and financial outlook, offering valuable insights for investors and stakeholders.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.