Tag: Tyson Foods

Tyson Foods’ boss sees a more than 50% pay raise in fiscal 2025

Tyson Foods’ CEO Donnie King and Chief Financial Officer Curt Calaway were paid well despite a more than $1 billion loss in the beef segment business, according to a Dec….

Tyson Foods to acquire the closed Cargill plant in Springdale

Tyson Foods will acquire the shuttered Cargill turkey plant located on Randall Wobbe Road in Springdale, with the city council on Tuesday (Nov. 25) approving the issuance of revenue bonds…

Tyson Foods to shutter Nebraska beef plant, cut 3,200 jobs

Tyson Foods said Friday (Nov. 21) it will shutter its beef plant in Lexington, Neb., eliminating 3,200 jobs. Tyson is by far the largest employer in the town with a…

Tyson annual revenue tops $54.44 billion, beef segment posts big loss

Tyson Foods surprised analysts with better-than-expected results for its fourth-quarter ending Sept. 30. The meat giant reported revenue of $13.86 billion, up 2.2% from a year ago. On an adjusted…

Net income could drop more than 4% in Tyson Foods’ fourth quarter

Tyson Foods is expected to post earnings per share of 88 cents for its fiscal fourth-quarter on Nov. 10, before the market opens. That would equal net income of roughly…

Tyson Foods may pay $85 million to settle pork pricing lawsuit

Tyson Foods has reached a preliminary settlement in an agreement to pay $85 million to end class action litigation over conspiring to inflate pork prices. The litigation began in 2018. …

Tyson Foods’ execs optimistic for beef segment turnaround

Execs with Tyson Foods, one of the nation’s largest beef packers, said Thursday (Sept. 4) there are early signs that beef segment losses may soon abate. It’s been a rough…

Shareholder sues Tyson Foods to see business records

Springdale-based Tyson Foods was recently sued in Delaware Chancery Court by shareholder Michael Castagna, who owns 283 shares of stock in the company. Castagna seeks access to Tyson’s corporate records…

Tyson Foods adds Microsoft exec to its board, announces dividend

Tyson Foods has appointed Sarah Bond, CEO of Xbox and a Microsoft executive, to its board of directors, effective immediately, the Springdale-based global company announced Thursday (Aug. 7). “Sarah is…

Tyson Foods’ net income beats estimates, beef segment losses continue

Tyson Foods on Monday (Aug. 4) reported better-than-expected third quarter numbers and boosted full-year sales guidance, sending the stock price up more than 4% in early trading. The Springdale-based meat…

Tyson Foods expected to report a 9% decline in third-quarter net income

Despite financial improvement in the chicken segment, Tyson Foods is expected to report a decline in net income and a small gain in revenue when it reports fiscal third-quarter earnings…

Iowa court finds Tyson Foods’ execs could be liable for COVID deaths

Where does the buck stop? That’s the question for courts to determine between present and past Tyson Foods execs and the survivors of former employees who died from their exposure…

Tyson Foods’ chicken business helping to counter beef losses

Tyson Foods’ chicken business recorded about $680 million in adjusted operating income through the first half of this year. The Springdale-based global company will need those chicken dollars to counter…

Tyson Foods net income up 48%, revenue misses the estimate

It was a mixed second quarter for Tyson Foods, which saw net income of $380 million, and adjusted earnings of 92 cents per share, up 48.38% from a year ago….

Tyson Foods expected to post a 34% gain in net income

Tyson Foods may report a 34% net income boost when the company reports second quarter earnings on May 5. Market watchers predict quarterly net income of $296 million, better than…

Tyson Foods quarterly net income beats estimates, revenue up 2.3%

Springdale-based Tyson Foods on Monday (Feb. 3) reported net income of $359 million, well above $107 million a year ago. On an adjusted basis, the company reported net income at…

Tyson Foods expected to report healthy gains in quarterly net income

Tyson Foods is expected on Monday (Feb. 3) to post first fiscal quarter net income of $313.44 million, with earnings per share of 88 cents, up 27.5% from the 69…

Tyson Foods’ top five execs collect $14.439 million in bonus pay

Tyson Foods’ top five executives shared $14.439 million in cash bonus pay this year as a reward for improved financial metrics in the fiscal year. Bonuses tied to such performance…

Tyson Foods net income, revenue beat estimates; beef segment loses money

Tyson Foods beat analyst estimates in its fiscal fourth-quarter with net income of $357 million, reversing a loss of $450 million a year ago. Adjusted earnings per share was 92…

Tyson Foods expected to see 86% earnings growth in the fourth quarter

Springdale-based Tyson Foods is expected to post adjusted earnings per share of 69 cents, up 86% from a year ago, according to the consensus estimate. Net income is forecast at…

Entergy Arkansas unveils ‘Next Generation’ plan; will seek to extend nuclear licenses

Fort Smith business leader John Taylor has died

Car-Mart completes $161.3 million securities transaction

Officials ask public to be on the lookout for bird flu in flocks