Articles tagged under: Tyson Foods
Tyson Food’s Quarterly Earnings Exceed Expectations
Published November 16, 2020
Tyson Food’s fiscal fourth-quarter earnings exceeded expectations, thanks to strong beef and pork demand. The $11.46 billion in sales for the fiscal fourth quarter are an increase from last year’s $10.88 billion. Net income for the company is at $692…Tyson Touts Sustainability
Published September 10, 2020
Tyson Foods has announced it plans to work with a third-party sustainability verification program for cattle producers. The program verifies farmers and ranchers are using best management practices to care for animals, the environment and people. With this decision, Tyson…COVID-19 Impacts Tyson Foods Quarterly Report
Published August 4, 2020
Tyson Foods finished the third quarter with earnings of $527 million. That’s down from $676 million one year ago. The 22 percent decline in profits was influenced by additional costs for safety equipment, pay raises for workers, plant shutdowns and…Tyson Foods Adjusts Beef Prices
Published May 14, 2020
With companies facing scrutiny over the disparity between the cash cattle price and what is happening in the meat case, Tyson Foods plans to discount prices for some cuts by 20-to-30 percent. Tyson CEO Noel White said the reduction in…Monitoring the Commodity Markets
Published March 23, 2020
Agriculture Secretary Sonny Perdue was on Twitter this weekend, saying USDA is monitoring all commodity markets during this coronavirus outbreak and paying special attention to “the difference in prices from the farm gate to the grocery shelf.” In particular, Perdue…Tyson Cuts 500 Jobs
Published February 12, 2020
Due its restructuring plan, Tyson Foods will cut 500 jobs. Most of the jobs being eliminated are at the corporate offices. Tyson officials said the restructuring effort began in 2017 to increase efficiency.Tyson Foods Q1 Results “As Expected”
Published February 7, 2020
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…Tyson Plant to Reopen Soon
Published November 18, 2019
The Tyson Foods beef plant at Holcomb, Kansas will begin processing cattle in the first week of December and be fully operational by early January. A fire in August shut down the plant, which had ramifications for the entire cattle…Tyson Foods Reports Lower 4Q Earnings
Published November 12, 2019
Tyson Foods is reporting fiscal year fourth quarter earnings of $369 million, down from $537 million one year ago. Sales were up nine percent from a year earlier to a record $10.88 million. Beef sales are reported at $3.8 billion,…