Tyson Foods, Inc. (TSN)
Pre-market:
| Previous close | 60.95 |
| Open | 61.21 |
| Bid | 62.67 x 800 |
| Ask | 62.99 x 1100 |
| Day's range | 60.80 - 62.04 |
| 52-week range | 44.94 - 62.04 |
| Volume | |
| Avg. volume | 2,787,520 |
| Market cap | 22.142B |
| Beta (5Y monthly) | 0.75 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -2.47 |
| Earnings date | 06 May 2024 |
| Forward dividend & yield | 1.96 (3.16%) |
| Ex-dividend date | 30 May 2024 |
| 1y target est | 60.90 |
ReutersTyson Foods beats profit estimates on cost control efforts, sales slip
Shares of the Springdale, Arkansas-based company rose 3.5% in premarket trade, after gaining more than 15% for the year so far. Tyson's second-quarter net sales fell 0.5% to $13.07 billion, compared with estimates of $13.16 billion. Tyson, the maker of Ball Park hotdogs, said it continues to expect total sales to be flat in fiscal 2024, compared with the previous year's $52.88 billion.
- Reuters
Tyson Foods beats quarterly profit estimates even as sales slip
Tyson Foods surpassed Wall Street expectations for second-quarter profit on Monday, as it begins to reap the benefits of shutting some chicken processing plants to reduce costs. The biggest U.S. meat company by sales has shuttered six U.S. chicken plants since the start of last year, laid off corporate employees and announced plans to close a pork plant, in an attempt to rein in costs. Tyson's second-quarter net sales fell 0.5% to $13.07 billion, compared with estimates of $13.16 billion.
GlobeNewswireTyson Foods Reports Second Quarter 2024 Results
Year-Over-Year Growth in Operating Income Highlights Progress on Strategic InitiativesSPRINGDALE, Ark., May 06, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: (in millions, except per share data)Second Quarter Six Months Ended 2024 2023 2024 2023Sales$ 13,072 $ 13,133
