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]

Core Insights - Tyson Foods, Inc. (TSN) reported strong fiscal Q1 2025 results, with both top and bottom lines improving year over year and exceeding Zacks Consensus Estimates [1][2] - The company achieved its strongest quarterly results in over two years, driven by effective operations, particularly in the chicken segment, and a robust consumer demand for protein [2] Financial Performance - Adjusted earnings per share reached $1.14, significantly surpassing the Zacks Consensus Estimate of 79 cents, marking a 65% increase from the previous year's figure of 69 cents [3] - Total sales amounted to $13,623 million, a 2.3% increase from the year-ago quarter, also exceeding the Zacks Consensus Estimate of $13,476 million [4] - Gross profit for the quarter was $1,095 million, up from $823 million reported in the same period last year [4] - Adjusted operating income soared 60% to $659 million from $411 million in the prior year, with the adjusted operating margin expanding to 4.8% from 3.1% [5] Segment Performance - Beef segment sales increased to $5,335 million from $5,023 million, with volumes rising 5.6% and average prices up 0.6% [6] - Pork segment sales rose to $1,617 million from $1,517 million, despite a 0.4% decline in volumes, with average prices increasing by 7% [6] - Chicken segment sales improved to $4,065 million from $4,033 million, with sales volumes growing 1.5% and average prices down 0.7% [7] - Prepared Foods segment sales decreased to $2,473 million from $2,543 million, with volumes dipping 3.2% and average prices rising 0.4% [7] - International/Other segment sales were $584 million compared to $582 million, with volumes increasing 4.3% and average sales prices falling 4% [8] Financial Position - The company ended the quarter with cash and cash equivalents of $2,292 million, long-term debt of $9,711 million, and total shareholders' equity of $18,627 million [9] - Liquidity stood at nearly $4.5 billion, with expectations to remain above the minimum target of $1 billion in fiscal 2025 [10] - Projected capital expenditure for the fiscal year is estimated to be between $1 billion and $1.2 billion, with free cash flow expected in the range of $1 billion to $1.6 billion [10] Future Outlook - The USDA projects a 1% increase in domestic protein production for fiscal 2025 compared to fiscal 2024 [11] - Segment-wise projections include a nearly 1% decline in beef production, a 2% increase in pork, and a 2% growth in chicken production [12] - Total company revenue growth is anticipated to be flat to a 1% increase in fiscal 2025, with adjusted operating income expected in the range of $1.9 billion to $2.3 billion [13] - Specific segment expectations include an adjusted operating loss of $0.4 billion to $0.2 billion for beef, and adjusted operating income of $0.1 billion to $0.2 billion for pork, $1 billion to $1.3 billion for chicken, and $0.9 billion to $1.1 billion for prepared foods [13]

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 $ ...

Tyson Foods, Inc. TSN will release its first-quarter financial results before the opening bell on Monday, Feb. 3.Analysts expect the Springdale, Arkansas-based company to report quarterly earnings at 88 cents per share. That’s up from 69 cents per share in the year-ago period. Tyson Foods projects quarterly revenue of $13.46 billion, compared to $13.32 billion a year earlier, according to data from Benzinga Pro.On Jan. 21, Barclays analyst Benjamin Theurer maintained Tyson Foods with an Overweight rating an ...