Tyson Foods (TSN) ended the recent trading session at $58.55, demonstrating a +0.83% swing from the preceding day's closing price. The stock lagged the S&P 500's daily gain of 0.9%. On the other hand, the Dow registered a gain of 0.81%, and the technology-centric Nasdaq increased by 1.22%. Shares of the meat producer witnessed a loss of 10.84% over the previous month, trailing the performance of the Consumer Staples sector with its loss of 2.37% and the S&P 500's gain of 3.15%. Investors will be eagerly wat ...

Tyson Foods, Inc. (TSN) has been showcasing resilience through its diverse portfolio that includes various proteins, channels and categories. In the third quarter of fiscal 2024, the company reported notable improvements in profitability, reflecting the effectiveness of its operational strategies. The Chicken segment, in particular, excelled, leading the company to raise its overall adjusted operating income guidance for the year. However, ongoing difficulties in the Beef segment due to rising cattle costs ...

Tyson Foods (TSN) closed the latest trading day at $60.42, indicating a +0.47% change from the previous session's end. The stock's change was more than the S&P 500's daily gain of 0.28%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.15%. Coming into today, shares of the meat producer had lost 5.23% in the past month. In that same time, the Consumer Staples sector gained 1.83%, while the S&P 500 gained 2%. Market participants will be closely followin ...

Tyson Foods, Inc. (NYSE:TSN) Barclays Global Consumer Staples Conference Call September 5, 2024 12:45 PM ET Company Participants Curt Calaway - Chief Financial Officer Brady Stewart - President, Beef and Pork & Chief Supply Chain Officer Conference Call Participants Benjamin Theurer - Barclays Benjamin Theurer All right. Well, good afternoon. Hope lunch was good. Next on stage, we've got Tyson Foods with us, one of the world's largest protein companies with major operations here in the US. Very pleased to h ...

Core Viewpoint - Tyson Foods is facing challenges in its beef segment, which is experiencing margin compression despite rising prices and volumes, while other segments like chicken and pork are performing better, leading to an overall improvement in the company's financial performance [3][8][20]. Financial Performance - In the third quarter of fiscal year 2024, Tyson Foods reported revenue of $13.35 billion, a 1.6% increase from $13.14 billion in the same quarter last year [4]. - The company generated a net profit of $191 million in the most recent quarter, a significant improvement from a loss of $417 million reported a year earlier [18]. - Operating cash flow increased by 20.6% from $660 million to $796 million, and EBITDA rose from $466 million to $823 million [18]. Segment Analysis Beef Segment - The beef segment generated $5.24 billion in sales for the third quarter, up 5.8% from $4.96 billion a year earlier, driven by a 4.4% increase in volume and a 1.4% rise in average sales price [6][7]. - For the first nine months of 2024, beef revenue was $15.22 billion, a 6.4% increase from $14.30 billion in the same period last year, with volume growth of only 0.9% and average sales prices up 5.5% [7]. - The segment reported a loss of $69 million in the most recent quarter, compared to a profit of $66 million a year earlier, and a loss of $310 million for the first nine months compared to a profit of $232 million in 2023, primarily due to margin compression [8]. Chicken Segment - The chicken segment generated $4.08 billion in sales for the third quarter, down from $4.21 billion a year earlier, but profits improved to $244 million from a loss of $314 million [12]. - For the first nine months, chicken revenue was $12.17 billion, down from $12.91 billion, but profits increased significantly due to a reduction in feed ingredient costs [12]. Pork Segment - The pork segment saw sales rise to $1.46 billion in the most recent quarter, up from $1.32 billion a year earlier, and $4.47 billion for the first nine months, compared to $4.27 billion last year [14]. - Operating losses in the pork segment narrowed compared to the previous year, benefiting from improvements in live hog operations [14]. Prepared Foods Segment - The prepared foods segment reported modest sales growth, with third-quarter sales of $2.43 billion, up from $2.38 billion a year earlier, but operating income declined slightly [17]. Market Positioning - Tyson Foods is currently valued attractively compared to peers, with a price to operating cash flow ratio of 11.1 and an EV to EBITDA ratio of 10.2, making it one of the cheaper options in the food industry [19][20]. - The company is expected to benefit from the rising consumption of chicken, which has increased from 28 lbs per capita in 1960 to an estimated 103.2 lbs in 2023, with projections for further growth [20][21].

SPRINGDALE, Ark., Aug. 29, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN) announced today that Curt Calaway has been named Chief Financial Officer, effective immediately. Calaway has been with the company since 2006, most recently serving as interim Chief Financial Officer. Calaway will report directly to Donnie King, President and Chief Executive Officer of Tyson Foods. Calaway has nearly 30 years of experience in finance, audit and accounting. Prior to being named interim CFO, Calaway served as th ...

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JackF/iStock via Getty Images I am always on the hunt for assets that compound and are less correlated to the market. The idea is that it counters market volatility to a certain extent, but many times, it is much more important to know the quality of the business itself. While searching for such names, I came across Tyson Foods (NYSE:TSN) and thought this was a buy in the current environment. While its performance during recessions has not been great, it still gives me the confidence to invest and stay in i ...

Tyson Foods (TSN) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Over the past month, shares of this meat producer have returned +8.8%, compared to the Zacks S&P 500 composite's -4.5% change. During this period, the Zacks Food - Meat Products industry, which Tyson falls in, has gained 9.3%. The key question now is: What could be the stock's future direction? Whil ...

Company Overview - Tyson Foods Inc. is the largest chicken company in the U.S., founded in 1935, and produces, distributes, and markets chicken, beef, pork, and prepared foods [10] - The company's products are marketed primarily to grocery retailers, wholesalers, meat distributors, military commissaries, industrial food processing companies, chain restaurants, and international export companies [10] Investment Ratings - Tyson Foods holds a Zacks Rank of 3 (Hold) with a VGM Score of A, indicating a solid position in the market [11] - The company has a Momentum Style Score of A, with shares increasing by 8.4% over the past four weeks [11] Earnings Estimates - In the last 60 days, three analysts have revised their earnings estimates higher for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.24 to $2.82 per share [11] - Tyson Foods has an average earnings surprise of 49%, suggesting strong performance relative to expectations [11] Conclusion - With a solid Zacks Rank and top-tier Momentum and VGM Style Scores, Tyson Foods is recommended for investors' consideration [12]