The Latest Breaking News from Tyson Foods

Conglomerates have bought out several smaller companies as the meat substitute market is predicted to grow rapidly

U.S. stocks traded lower toward the end of trading, with the Dow Jones dropping more than 400 points on Monday.

U.S. stocks extended losses midway through trading, with the Nasdaq Composite dropping around 450 points on Monday.

Tyson Foods, Inc. (NYSE:TSN) reported second-quarter FY22 sales growth of 16.1% year-on-year, to $13.12 billion, beating the consensus of $12.84 billion. Sales volume of Beef rose 0.6% Y/Y, Pork fell 4.8%, Chicken climbed 0.6%, and Prepared Foods decreased 5.3%. Gross profit increased 38.5% Y/Y to $1.7 billion, with the margin expanding 210…

U.S. stocks opened lower this morning, with the Dow Jones tumbling more than 300 points on Monday.

Tyson Foods Inc (NYSE: TSN) shares seen volatility Monday after the company reported better-than-expected financial results and announced strong 2022 expectations.

  Tyson Foods (NYSE:TSN) will host a conference call at 09:00 AM ET on May 9, 2022, to discuss Q2 2022 earnings results.

Tyson Foods (NYSE:TSN) has outperformed the market over the past 10 years by 4.92% on an annualized basis producing an average annual return of 16.67%. Currently, Tyson Foods has a market capitalization of $32.60 billion.

Consumers are cutting back spending, even on basic goods, due to elevated levels of inflation, according to Piper Sandler.

Analysts have provided the following ratings for Tyson Foods (NYSE:TSN) within the last quarter:

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