by - November 19, 2019 1:57 pm
Tyson Foods shares up 68% this year
Investors of Tyson Foods have plenty to smile about as the meat giant’s shares have recorded stellar growth this year of 68.5% behind solid revenue growth and a flush balance…
Tag: Tyson Foods
by - November 14, 2019 9:12 am
China lifts ban on U.S. poultry imports
China has announced it will resume poultry imports from the U.S. after a nearly five-year ban. The stoppage originally occurred in January 2015 due to an outbreak of avian influenza,…
by - November 12, 2019 12:12 pm
Record sales posted by Tyson Foods, but net income down 33%
Springdale-based Tyson Foods posted record sales of $42.405 billion in fiscal year 2019, up 5.87% from the prior year. But net income fell $1 billion short of last year at…
by - November 9, 2019 10:50 am
Fourth-quarter net income expected to be lower at Tyson Foods, revenue higher
Tyson Foods will report fiscal 2019 earnings on Tuesday (Nov. 12) and the fourth quarter results ending Sept. 30. Wall Street expects per share net income of $1.29 per for…
by - November 6, 2019 5:15 pm
Tyson Foods taps board member Dean Banks as new company president
Tyson Foods announced the addition of Dean Banks to the company’s C-suite. Banks, 46, will become president of Tyson Foods effective Dec. 20 and report to CEO Noel White, 61,…
by - September 10, 2019 11:56 am
Tyson Foods names John Randal Tyson as chief sustainability officer
Tyson Foods announced Tuesday (Sept. 10) the promotion of John Randal Tyson, a fourth-generation family member, to chief sustainability officer. The 29-year-old Tyson is the son of company chairman, John…
by - September 4, 2019 10:32 am
Tyson Foods expects $220 million in lower profits; half relates to chicken recalls
Tyson Foods CEO Noel White and Chief Financial Officer Stewart Glendinning told investors Wednesday (Sept. 4) the earnings adjustment announced late Tuesday would be about $220 million, half of which…
by - September 3, 2019 6:01 pm
Tyson Foods pares down earnings guidance amid multiple market challenges
Tyson Foods said late Tuesday (Sept. 3) it was experiencing short-term challenges related to grain prices, a plant fire and continued sluggishness in the chicken business. The Springdale-based meat giant…
by - August 30, 2019 11:12 am
Tyson Foods expands global footprint with 40% stake in Brazilian company
Tyson Foods continues to double down efforts to expand global sales announcing a 40% stake in Grupo Vibra Foods, a Brazilian poultry company. Terms of the deal were not disclosed,…
by - August 29, 2019 1:48 pm
USDA to investigate Tyson Foods and beef competitors on pricing practices
Tyson Foods and its beef processing competitors are at the center of a federal probe headed up by the U.S. Department of Agriculture (USDA) to examine the reasons behind price…
by - August 8, 2019 4:03 pm
Tyson Foods unveils new manufacturing automation hub in Springdale
The digital transformation of Tyson Foods took another public step forward Thursday (Aug. 8) as the meat giant unveiled its new manufacturing automation technology center just off Emma Avenue in…
by - August 5, 2019 12:24 pm
Tyson Foods beats quarterly income estimates, year-to-date sales up 4.8%
Tyson Foods outperformed Wall Street expectations for its fiscal third quarter with net income of $676 million, or $1.84 per share, up from $541 million, or $1.47 per share, in…
by - July 31, 2019 1:15 pm
Wall Street expects lower 3Q profits for Tyson Foods, but higher revenue
Tyson Foods is expected to report lower profits on Monday (Aug. 5) for the meat giant’s third-quarter ending June 30. Wall Street consensus is $1.47 per share, compared to $1.50…
by - July 22, 2019 1:26 pm
Watchdog groups sue Tyson Foods, allege false marketing of environmental stewardship
Environmental groups Food & Water Watch and the Organic Consumer Association have sued Tyson Foods, alleging deceptive marketing and advertising. The groups say it is false for Tyson Foods to…
by - July 16, 2019 2:42 pm
Outlook positive for Tyson Foods, poultry industry
Market watchers with Stephens Inc. have a positive outlook on Tyson Foods’ poultry segment despite rising feed costs and lower prices for consumers. Analysts with the Little Rock-based investment firm…
by - July 10, 2019 2:13 pm
More consumers shopping frozen food aisle
The frozen food aisle is no longer the place where shoppers just pick up ice cream and pot pies. The segment of the grocery store business has been revamped over…
by - June 20, 2019 1:26 pm
Tyson Foods officials visit Wall Street, outline growth plan to investors
Tyson Foods continues to reinvent its business model at 84 years old. Company executives were in New York this week along with several board members holding an investor conference on…
by - June 13, 2019 11:37 am
Tyson Foods unveils alternative meat brand Raised & Rooted
The alternative meat category is one of the fastest growing categories in the food industry and Tyson Foods is throwing its hat into the ring. The company announced a new…
by - June 3, 2019 5:43 pm
Tyson Foods completes acquisition of Thai and European businesses from BRF S.A.
Tyson Foods announced Monday (June 3) the successful completion of the acquisition of the Thai and European businesses from BRF S.A. The purchase includes four production facilities in Thailand, and…
by - May 30, 2019 10:35 am
Tyson Foods names Noelle O’Mara as chief marketing officer
Tyson Foods has created a new role of chief marketing officer and tapped Noelle O’Mara for that position. Tyson Foods said O’Mara brings more than 17 years of food marketing…