TSN May 2024 65.000 call
| Previous close | 0.5700 |
| Open | 0.5000 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 65.00 |
| Expiry date | 2024-05-10 |
| Day's range | 0.4400 - 0.7000 |
| Contract range | N/A |
| Volume | |
| Open interest | 2.06k |
ReutersTyson Foods beats profit estimates on cost control efforts, sales slip
Tyson said feed ingredient costs for its chicken business fell $190 million in the quarter. Tyson has been attempting to turn around its chicken unit after struggling with excess supply last year. Adjusted operating margins were 3.9%, compared to negative 3.7% a year earlier.
- 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.
BloombergTyson Raises Outlook After Quarterly Profits Beat Estimates
(Bloomberg) -- Tyson Foods Inc. raised its 2024 earnings outlook after posting second-quarter profits that beat analyst estimates amid a rebound in the US meat industry.Most Read from BloombergTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackBuffett Praises Apple After Trimming It, Drops Paramount StakeFrance’s Macron Calls for Reset of Economic Ties With ChinaTreasury Rally Risks Running Into a $125 Billion Brick WallXi Begins Europe Tour in Paris as Macron Seeks to Reset TiesAdju
