The upcoming report from Tyson Foods (TSN) is expected to reveal quarterly earnings of $0.42 per share, indicating a decline of 50.6% compared to the year-ago period. Analysts forecast revenues of $13.46 billion, representing an increase of 1.5% year over year.The consensus EPS estimate for the quarter has been revised 1.5% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a ...

The latest trading session saw Tyson Foods (TSN) ending at $54.66, denoting a -0.6% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.76%. Elsewhere, the Dow saw an upswing of 0.59%, while the tech-heavy Nasdaq appreciated by 1.12%.Coming into today, shares of the meat producer had gained 2.31% in the past month. In that same time, the Consumer Staples sector gained 4.52%, while the S&P 500 gained 2.5%.Market participants will be closely following the fin ...

Tyson Foods, Inc. (TSN) has marked a significant expansion in its bacon production capabilities with the opening of a $355-million food production facility in Bowling Green, KY. This state-of-the-art 400,000-square-foot plant is poised to become a central pillar in Tyson Foods' strategy to meet the increasing demand for bacon in the retail and foodservice sectors. Image Source: Zacks Investment Research Details on The FacilityThe new facility is designed to produce an impressive two million pounds of bacon ...

Tyson Foods (TSN) ended the recent trading session at $52.55, demonstrating a -1.04% swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.22%. On the other hand, the Dow registered a gain of 0.36%, and the technology-centric Nasdaq increased by 0.32%.Shares of the meat producer witnessed a gain of 2.23% over the previous month, trailing the performance of the Consumer Staples sector with its gain of 3.22% and outperforming the S&P 500's gain of 1.61 ...

While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fun ...

Tyson Foods Inc. (TSN) is well poised on a growing brand portfolio. The renowned meat products company is benefiting from strength in growth pillars. The company is undertaking several operational and supply chain efficiency programs to improve itself in the long run.The Zacks Rank #1 (Strong Buy) company’s shares have rallied 16.4% in the past three months compared with the industry’s growth of 8.9%. The stock has gained the Zacks Consumer Staples’s growth of 7.4% during this time.Let’s delve deeper.Streng ...

SPRINGDALE, Ark., Jan. 11, 2024 (GLOBE NEWSWIRE) -- Springdale, Ark., Jan. 11, 2024 – Tyson Foods, Inc. (NYSE:TSN) will hold its Annual Meeting of Shareholders on Thursday, February 8, 2024 at 11 a.m. Eastern time (10 a.m. Central time) at Tyson Foods, 2008 South Thompson Street, Springdale, Arkansas 72764. For shareholders attending in person, an admission ticket is required. Cameras, video and audio recording equipment, as well as large bags are not permitted. Please see our proxy statement, filed on Dece ...

Tyson Foods (TSN) closed the most recent trading day at $54.61, moving -1.66% from the previous trading session. This move lagged the S&P 500's daily loss of 0.8%. Elsewhere, the Dow lost 0.76%, while the tech-heavy Nasdaq lost 1.18%.The the stock of meat producer has risen by 11.19% in the past month, leading the Consumer Staples sector's gain of 2.53% and the S&P 500's gain of 3.4%.The investment community will be paying close attention to the earnings performance of Tyson Foods in its upcoming release. T ...

Financial Data and Key Metrics Changes - The company experienced a sequential improvement in overall earnings for Q4, marking the second consecutive quarter of improvement [29][31] - The adjusted operating income (AOI) for chicken increased by more than $240 million when comparing Q4 to Q2, despite a year-over-year decline in profitability due to lower commodity chicken pricing [24][31] - The company ended the year with $3 billion of liquidity and net leverage of just over four times, with a commitment to return to net leverage of at or below two times net debt to EBITDA [20][23] Business Line Data and Key Metrics Changes - Chicken sales declined 10% year-over-year in Q4, primarily due to lower pricing, although volume grew modestly [24] - The pork segment saw a revenue decline of nearly 7%, but AOI improved by more than $40 million year-over-year due to better spreads and operational performance [42][63] - Prepared Foods revenue was down modestly in Q4, but AOI improved slightly year-over-year, highlighting the strength of the brands despite lower pricing [41][62] Market Data and Key Metrics Changes - The beef segment faced challenges with spread compression due to higher cattle costs, leading to a modest revenue increase year-over-year but a decline in operating profit [68] - The company noted that consumer demand for protein remains stable, providing confidence in long-term prospects despite market challenges [29][30] - The international business posted solid results driven by growing penetration across key markets [69] Company Strategy and Development Direction - The company is focused on operational discipline and efficiency, with a multi-point plan aimed at modernization and cost structure improvements [30][35] - The strategy includes evaluating production footprints and network efficiencies, with recent closures of older plants to improve capacity utilization [38][64] - The company aims to maintain a disciplined capital allocation strategy, with a projected CapEx for fiscal '24 between $1 billion and $1.5 billion [47][70] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging operating environment but expressed optimism about long-term prospects, citing improvements across operations [74] - The company expects fiscal '24 to be better year-over-year in cash flow and profitability, particularly in the chicken segment [77] - Management emphasized the importance of controlling the controllables and maintaining a focus on cash generation [30][70] Other Important Information - The company returned $670 million to shareholders via dividends and $354 million in share repurchases during the year [20] - The dividend was increased for the 12th consecutive year, reflecting a commitment to returning cash to shareholders [38][129] Q&A Session Summary Question: Insights on segment profit ranges for chicken, beef, and prepared foods - Management indicated that the high and low ends of profit ranges are influenced by operational improvements and market movements, with expectations for better performance in chicken and prepared foods [77][103] Question: Clarification on CapEx guidance and spending - Management explained that the CapEx guidance reflects a reduction in spending due to market conditions, with a focus on necessary investments for growth [107][108] Question: Long-term margin guidance and pork business options - Management stated that while long-term guidance remains, the focus is currently on fiscal '24, with ongoing evaluations of the pork business for efficiency and capital requirements [113][115]

Q4 Fiscal 2023 Certain information in this presentation constitutes forward-looking statements as contemplated by the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, but are not limited to, current views and estimates of our outlook for fiscal 2023, other future economic circumstances, industry conditions in domestic and international markets, our performance and financial results (e.g., debt levels, return on invested capital, value-added product growth, capital e ...