Tyson Stock Surges as Higher Beef and Chicken Prices Boost Results

Core Insights - Tyson Foods reported better-than-expected fourth-quarter results, driven by higher beef and chicken prices, leading to increased sales [1][2] - The company achieved adjusted earnings per share (EPS) of 92 cents, surpassing analysts' estimates, with revenue rising 1.6% year-over-year to $13.57 billion [1] - Tyson's shares surged over 8% in intraday trading following the announcement and have increased over 18% since the beginning of the year [2] Sales Performance - Beef sales increased by 4.6% to $5.26 billion, while chicken sales rose by 2.3% to $4.25 billion due to price hikes [2] - Conversely, pork sales fell by 3.7% to $1.44 billion, attributed to a 6.9% decline in pork prices [2] Financial Outlook - For fiscal 2024, Tyson's revenue reached $53.31 billion, exceeding previous projections [2] - The company anticipates flat to a 1% decline in full-year 2025 revenue compared to 2024, which is below market expectations [2]