Tyson Foods Reports Second Quarter 2024 Results

From GlobeNewswire: 2024-05-06 07:30:00

Tyson Foods, Inc. reported its quarterly financial results, showing sales of $13,072 million and operating income of $312 million for the second quarter of 2024. Adjusted EPS increased to $0.62. The company anticipates stable sales, with beef production decreasing by 2% and pork production increasing by 3% in fiscal 2024.

Tyson Foods, Inc., a global food company, saw a 0.5% decrease in sales for the second quarter of 2024, with operating income at $312 million. Adjusted EPS rose to $0.62, reflecting positive momentum. The company expects flat sales in fiscal 2024, with a decline in beef production offset by increased pork and chicken production.

Tyson Foods, Inc.’s operating income for the second quarter of 2024 rose to $312 million, up 737% from the previous year. Adjusted operating income increased to $406 million, with adjusted EPS reaching $0.62. The company forecasts stable sales in fiscal 2024, with varying projections for beef, pork, and chicken production levels.



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