SPRINGDALE, Ark., July 09, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) has entered into an agreement to sell its Vienna, Georgia poultry complex to House of Raeford Farms, the company announced today. The transaction is subject to customary closing conditions including approval by U.S. regulators. Tyson Foods, Inc. (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. The company is u ...

Tyson Foods' decision to sell the complex is part of its continued efforts to optimize its plant network, and the company will continue to service customer orders from other production locations. House of Raeford Farms intends to continue poultry processing at the complex utilizing the existing workforce and grower network. Tyson Foods, Inc. (NYSE: TSN) is a world-class food company and recognized leader in protein. Founded in 1935 by John W. Tyson, it has grown under four generations of family leadership. ...

Company Overview - Tyson Foods is set to announce its earnings on August 5, 2024, with an expected EPS of $0.60, reflecting a 300% increase from the prior-year quarter [1] - The consensus estimate anticipates revenue of $13.17 billion, indicating a 0.2% increase from the same quarter last year [1] - For the entire fiscal year, earnings are projected at $2.58 per share and revenue at $52.89 billion, representing changes of +92.54% and +0.03% respectively from the prior year [6] Stock Performance - The most recent trading session closed with Tyson Foods at $56.90, showing a -0.4% change from the previous day's closing [5] - Over the past month, shares have depreciated by 1.13%, underperforming the Consumer Staples sector's loss of 0.93% and the S&P 500's gain of 3.22% [9] Valuation Metrics - Tyson Foods currently has a PEG ratio of 0.41, which is in line with the Food - Meat Products industry average [3] - The Forward P/E ratio stands at 22.17, indicating a premium compared to the industry's average Forward P/E of 19.04 [11] Industry Context - The Food - Meat Products industry is part of the Consumer Staples sector and holds a Zacks Industry Rank of 99, placing it in the top 40% of over 250 industries [8] - The Zacks Rank system categorizes Tyson Foods as 3 (Hold), with a recent 0.68% rise in the Zacks Consensus EPS estimate [7]

Webcast A link for the webcast of the conference call is available on the Tyson Investor Relations website at http://ir.tyson.com. Dial In (Toll Free): 1-844-890-1795 International Dial In: 1-412-717-9589 US Toll Free: 1-877-344-7529 International Toll: 1-412-317-0088 Canada Toll Free: 855-669-9658 Replay Access Code: 5696640 SPRINGDALE, Ark., June 25, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) will release third quarter 2024 financial results on Monday, August 5, 2024. Management will host a co ...

SPRINGDALE, Ark., June 25, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) will release third quarter 2024 financial results on Monday, August 5, 2024. Management will host a conference call and webcast beginning at 9:00 a.m. Eastern Time (8:00 a.m. Central Time). A press release and supplemental materials will be issued before the market opens that morning. Webcast A link for the webcast of the conference call is available on the Tyson Investor Relations website at http://ir.tyson.com. Audio Only Pa ...

Let's delve deeper. The company is benefiting from operational enhancements while making incremental improvements in yield and live operations. Ongoing productivity initiatives based on procurement, logistics and digitalization are likely to solidify the company's fundamentals. Tyson Foods is refining its digital capabilities, leveraging data, automation and AI technology to enhance decision-making and drive better outcomes. Tyson Foods has taken bold actions to enhance operational efficiency, including pla ...

In the latest market close, Tyson Foods (TSN) reached $55.16, with a -0.81% movement compared to the previous day. The stock's change was less than the S&P 500's daily gain of 0.25%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.03%. TSN's full-year Zacks Consensus Estimates are calling for earnings of $2.58 per share and revenue of $52.89 billion. These results would represent year-over-year changes of +92.54% and +0.03%, respectively. Empirical re ...

"We are aware that John Randall Tyson, Chief Financial Officer of Tyson Foods, was arrested for an alleged DWI," Tyson Foods, which was founded by his great-grandfather, said in a statement. "Tyson foods has suspended Mr. Tyson from his duties effective immediately and named Curt Calaway as interim Chief Financial Officer." They also indicated that authorities let him go at 10:41 a.m. local time. Tyson received a Friday court date for a hearing related to his Thursday arrest, according to the Washington Cou ...

Company Leadership and Recent Events - Tyson Foods suspended its CFO, John R Tyson, after he was charged with driving while intoxicated in Arkansas [1] - Curt Calaway has been appointed as the interim CFO following the suspension [1] - John R Tyson was arrested at 1:32 am and released nine hours later, according to the Washington County Detention Center [2] - Tyson pleaded guilty to the charges related to his arrest [2] Background of John R Tyson - John R Tyson is the son of the company's chairman, John H Tyson, and the great-grandson of the founder, John W Tyson [3] - He joined Tyson Foods in 2019 after working in investment banking, private equity, and venture capital [3] - His appointment as CFO raised some eyebrows on Wall Street [3] Previous Incident and Apology - In 2022, two months after being named CFO, John R Tyson was arrested for being intoxicated and falling asleep in the wrong house [2] - He apologized to investors for the incident during the company's earnings call a week later [2]

Martinez most recently served as Executive Vice President and Chief Operating Officer at Cisco Systems from 2021 until 2024 and previously held the role of Chief Customer Experience Officer. Prior to Cisco Systems, Martinez held executive positions at leading technology companies including Salesforce, Microsoft, Motorola and AT&T's Bell Labs. "I was drawn to Tyson Foods as a purpose-driven, world-class food company. I look forward to bringing my perspective to the board's work as the company continues to ex ...