Tyson Foods is reporting fiscal first quarter 2020 earnings of $557 million on sales of $10.8 billion. Tyson Foods CEO Noel White says overall results are in line with expectations. “Beef and pork results were strong. Prepared foods noted growth in retail consumption,” explains White. “Chicken improved operationally, though it continued to face soft pricing, which weighed on results.” The first quarter of fiscal year 2020 marks the sixth consecutive quarter of growth for Tyson Foods. “Our core business lines are outpacing their categories with volume shared growth of one percent and all core business lines are holding or growing share.”
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