Tyson Warns Of Plummeting Consumer Beef Purchases—As Chicken Sales Soar

ToplineShares of Tyson Foods rose modestly Monday after the company posted mixed results in its fourth quarter and reported chicken sales have reached a three-year high amid a drop in demand for beef as prices rise. The Tyson logo is displayed on a bag of frozen chicken nuggets on Nov. 12, 2024. Getty ImagesKey FactsTyson, the largest meat company in the U.S., on Monday reported $13.86 billion in sales for its last fiscal quarter, missing Wall Street's $14.11 billion sales estimate, but posted better adjust ...