by - May 15, 2024 4:53 pm
Tyson execs bullish on better results in 2024
Tyson Foods’ stock price edged up Wednesday (May 15) following comments made by CEO Donnie King and Chief Financial Officer John R. Tyson at the BMO Global Farm to Market…
Tag: Tyson Foods
by - May 6, 2024 8:36 am
Tyson Foods’ quarterly net income beats estimates, revenue dips
Second fiscal quarter net income for Tyson Foods was above estimates, with revenue falling below expectations. Earnings per share was 41 cents, above the consensus estimate of 39 cents. Adjusted…
by - May 2, 2024 6:06 pm
Tyson Foods’ earnings expected to improve with better chicken numbers
Tyson Foods appears to be climbing out of recent net losses thanks to better chicken margins and improving pork pricing during the second fiscal quarter that ended March 31. The…
by - March 11, 2024 6:05 pm
Tyson Foods closing Iowa pork plant; company also settles wage-fixing lawsuit
Tyson Foods is closing a pork plant in Perry, Iowa. The Springdale-based meat giant is eliminating 1,200 jobs, with the closure slated for June 28. The plant slaughters about 9,000…
by - February 13, 2024 1:09 pm
Tyson Foods brings back old logo ahead of 90th birthday
Tyson Foods is brandishing a new corporate logo that is consistent with the Tyson Foods chicken brand and is a return to the red and yellow scalloped oval with the…
by - February 8, 2024 3:42 pm
Tyson execs discuss a year of challenges, plant closings
No frills, no pomp and circumstance and no protestors at the 61st annual Tyson Foods shareholder meeting held Thursday (Feb. 8) morning in Springdale. Board Chair John H. Tyson spoke…
by - February 5, 2024 12:15 pm
Tyson Foods first fiscal quarter net income down 66.5%
Tyson Foods outperformed expectations during the fiscal first quarter that ended Dec. 31. According to Monday’s (Feb. 5) earnings report, net income was $107 million, well below the $320 million…
by - February 2, 2024 11:08 am
First-quarter net income expected to fall 55% for Tyson Foods
Tyson Foods may post lower profits when it reports first-quarter earnings on Monday (Feb. 5.) Net income is forecast at $142.094 million, or 40 cents per share, down 55% from…
by - January 25, 2024 3:13 pm
Tyson Foods opens bacon processing plant in Kentucky
Tyson Foods opened a new processing plant in Bowling Green, Ky., this week. The 400,000-square-foot plant cost $355 million to build and outfit and will employ around 450 workers. The…
by - January 3, 2024 4:29 pm
Missouri chicken farmers sue Tyson Foods for breach of contract
A group of contract growers that supplied chickens to Tyson Foods’ slaughter and processing plant in Dexter, Mo., have sued the company claiming a breach of contract following a plant…
by - January 2, 2024 1:43 pm
Tyson Foods’ top 5 execs earn combined $36.5 million in 2023
Springdale-based Tyson Foods posted a net loss of $649 million for fiscal year 2023. As a result, top executives received smaller performance cash bonuses, but stock awards were considerably higher…
by - November 9, 2023 4:45 pm
Market watchers predict 81% drop in Tyson Foods’ quarterly earnings
Tyson Foods investors will continue to see weaker earnings into next year as the Springdale-based meat giant predicts only marginal recovery through the fourth quarter ending Sept. 30 into its…
by - October 3, 2023 6:03 pm
Tyson Foods cuts 250 jobs in North Carolina, chicken inventories rise
Tyson Foods is again shrinking the size of its poultry business by cutting 250 jobs in a Wilkesboro, N.C., plant that makes cooked chicken products. Springdale-based Tyson reduced the second…
by - September 25, 2023 11:19 am
Tyson Foods selects insider to head up its prepared foods business
Melanie Boulden has been named group president of the prepared foods business at Tyson Foods in addition to her duties as chief growth officer at the company, which she began…
by - September 13, 2023 3:55 pm
Tyson Foods makes $2.5 million donation to Feeding America
Meat giant Tyson Foods of Springdale announced Wednesday (Sept. 13) a $2.5 million donation to Feeding America and 2.5 million pounds of protein to help communities experiencing the highest rates…
by - September 7, 2023 11:46 am
Glendinning to resign as Tyson Foods prepared foods president
Less than a year into his role as president of prepared foods at Tyson Foods, Stewart Glendinning is resigning effective Sept. 14. The departure was made public Thursday (Sept. 7)…
by - August 23, 2023 2:34 pm
Tyson Foods in recent years sees rapid turnover at top job
It’s proven to be a tough job to hold as of late. The Tyson Foods chief executive officer role has turned over four times in seven years since Donnie Smith…
by - August 10, 2023 3:11 pm
Tyson Foods continues investments in international markets
Tyson Foods has struggled in recent quarters with its U.S. business and likely will struggle in future quarters. Still, the company is not backing away from investments and growth plans…
by - August 7, 2023 11:27 am
Tyson Foods posts ugly $417 million net income loss in third fiscal quarter
Tyson Foods on Monday (Aug. 7) reported a quarterly net income loss of $417 million, a wide swing from net income of $720 million in the year-ago quarter. The company…
by - August 3, 2023 3:45 pm
Tyson Foods’ third-quarter net income expected to drop 86%
It’s another down cycle for Tyson Foods. The Springdale-based meat giant is expected Aug. 7 to report a third fiscal quarter net income of $95.3 million, well below the consensus…