Supplemental Information Q1 Fiscal 2025 February 3, 2025 Forward-Looking Statements 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 2025, other future economic circumstances, industry conditions in domestic and international markets, our performance and financial results (e.g., debt leve ...

Financial Data and Key Metrics Changes - Fiscal Q1 2025 showed a 2% year-over-year growth in total enterprise net sales, driven by increases in Beef, Pork, and Chicken segments [29] - Adjusted operating income increased by $248 million, a remarkable 60% year-over-year, with adjusted earnings per share growing by 65% [9][29] - The net leverage ratio improved to 2.3 times, down from 4.1 times at the end of 2023, marking the fifth consecutive quarter of improvement [10][36] Business Line Data and Key Metrics Changes - Chicken segment achieved the best adjusted operating income in eight years, with significant year-over-year growth attributed to improved live and plant operations and lower grain costs [17][32] - Beef segment results exceeded expectations, with revenue growth driven by higher carcass weights and increased throughput, although challenges from limited cattle supply remain [20][33] - Pork segment performance met expectations, with revenue growth driven by higher cutout values, but adjusted operating income declined due to compressed spreads [21][33] - Prepared Foods segment faced challenges from higher raw material costs, but operational improvements and innovation are expected to drive future performance [31][94] Market Data and Key Metrics Changes - Consumer focus on protein remains strong, with 71% of U.S. consumers looking to increase protein consumption, up from 59% in 2022 [11] - The company reported that nearly 75% of U.S. households purchased a Tyson product in the past year, indicating strong market presence [24] Company Strategy and Development Direction - The company is focused on cash flow and operational execution, emphasizing innovation and strengthening customer partnerships across all segments [22][23] - Tyson Foods aims to control costs and improve operational efficiency while expanding its market presence and enhancing product mix [22][23] - The company is committed to maintaining financial strength and returning cash to shareholders, with a disciplined approach to capital allocation [35][36] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving improved financial performance compared to fiscal 2024, raising sales guidance to a range of flat to up 1% [38] - The company anticipates total adjusted operating income to be between $1.9 billion to $2.3 billion, reflecting strong performance in the first quarter [38] - Management acknowledged ongoing challenges from the cattle cycle and external market dynamics but remains optimistic about adapting to these changes [20][63] Other Important Information - The company generated $1 billion in operating cash flows in Q1, with capital spending at $271 million, leading to free cash flow of $760 million [35][36] - The company has a robust innovation pipeline, with successful product launches contributing to growth in key categories [94][110] Q&A Session Summary Question: Key takeaways from the call - Management highlighted the best quarterly performance in over two years, with a focus on growing branded and value-added products [53][54] Question: Impact of tariffs on operations - Management discussed contingency planning to minimize disruptions from trade changes and emphasized their ability to adapt to evolving market conditions [62][64] Question: Beef cycle conditions and heifer retention - Management noted improved pasture conditions and reduced cow harvest numbers as positive indicators for future beef production [75][76] Question: Prepared Foods segment outlook - Management emphasized ongoing distribution growth and innovation as key drivers for the Prepared Foods segment, despite input cost pressures [92][94] Question: Chicken business outlook and risks - Management raised the top end of the chicken guidance but maintained the lower end due to potential external risks [99][103] Question: Labor market impacts - Management confirmed that all employees are legally authorized to work and have not seen changes in attendance due to immigration policies [150][152] Question: Free cash flow and CapEx outlook - Management attributed the decrease in free cash flow to changes in working capital and indicated a disciplined approach to capital expenditures moving forward [155][158]

Core Insights - Tyson Foods (TSN) shares increased as the company reported better-than-expected results driven by strong chicken demand [1][5] - The company achieved fiscal 2025 Q1 adjusted earnings per share (EPS) of $1.14, exceeding analyst expectations, with revenue rising 2.3% year-over-year to $13.6 billion [1][5] Sales Performance - Chicken sales increased by 0.8% to $4.07 billion, despite a 0.7% decline in average price, with volumes up by 1.5% [2] - Beef sales rose by 6.2% to $5.34 billion, with prices increasing by 0.6% and volumes up by 5.6% [2] - Pork sales increased by 6.6% to $1.67 billion, driven by a 7.0% rise in prices, although volumes decreased by 0.4% [2] Management Commentary - CEO Donnie King highlighted this as Tyson's best quarterly performance in over two years, attributing it to "exceptional results in chicken" and consumer focus on protein [3] - The company anticipates full-year revenue to be flat or up 1% from $53.3 billion in 2024, which is an improvement from previous guidance [3] Market Reaction - Tyson Foods' shares, which had been relatively flat over the past year, gained 3% on the day of the announcement [4]

Tyson Foods, Inc. (TSN) began fiscal 2025 on a robust note, with the first-quarter top and bottom lines improving year over year and cruising past the Zacks Consensus Estimate.This marked the Zacks Rank #1 (Strong Buy) company’s strongest quarterly results in more than two years, backed by better execution across its operations, particularly in the chicken segment. With consumer demand for protein remaining strong, TSN’s diversified multi-channel, multi-protein portfolio places it well to meet this need whi ...

For the quarter ended December 2024, Tyson Foods (TSN) reported revenue of $13.62 billion, up 2.3% over the same period last year. EPS came in at $1.14, compared to $0.69 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $13.48 billion, representing a surprise of +1.09%. The company delivered an EPS surprise of +44.30%, with the consensus EPS estimate being $0.79.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...

Tyson Foods (TSN) came out with quarterly earnings of $1.14 per share, beating the Zacks Consensus Estimate of $0.79 per share. This compares to earnings of $0.69 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 44.30%. A quarter ago, it was expected that this meat producer would post earnings of $0.64 per share when it actually produced earnings of $0.92, delivering a surprise of 43.75%.Over the last four quarters, the company ...

Tyson Foods reported significant growth in the first quarter of 2025, with earnings and revenue exceeding expectations.Tyson Foods (TSN -0.48%), a major player in the protein processing sector, reported fiscal 2025 first-quarter earnings on Monday, Feb. 3, that topped analyst consensus estimates. Adjusted earnings per share (EPS) of $1.14 exceeded the analysts’ forecast of $0.90 and jumped an impressive 65.2% year over year. Revenue was up 2.3% to $13.62 billion, surpassing the forecast of $13.46 billion. T ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended December 28, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to 001-14704 (Commission File Number) ______________________________________________ TYSON FOODS, INC. (Exact name of registrant as specified in its charter) ________ ...

TYSON FOODS REPORTS FIRST QUARTER 2025 RESULTS Delivers Year-Over-Year Top and Bottom-Line Growth; Raises Fiscal Year 2025 Guidance Springdale, Arkansas – February 3, 2025 – Tyson Foods, Inc. (NYSE: TSN), one of the world's largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: | (in millions, except per share data) | | | First Quarter | | | --- | --- | --- | -- ...

SPRINGDALE, Ark., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results: (in millions, except per share data)First Quarter 2025 2024Sales$13,623 $13,319    Operating Income$580 $231Adjusted1 Operating Income (non-GAAP)$659 $411    Net Income Per Share Attributable to Tyson$1.01 $ ...