Tyson Foods beats profit estimates on cost control efforts, sales slip

Yahoo Finance— 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.

Bloomberg.com—Tyson Foods (TSN) Raises Outlook After Quarterly Profits Beat Estimates. 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.

Yahoo Finance—Tyson 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...

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