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Stock impact report

Tyson Foods' beef challenges to persist as drought conditions weigh on herds [Yahoo! Finance]

Tyson Foods, Inc. (TSN) 
Last tyson foods, inc. earnings: 2/6 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
The underlying issues in beef, however, are largely beyond Tyson's control as drought conditions in the US have limited the number of cattle coming in for slaughter. While beef volumes rose 1.6% in fiscal 2024 to 28 September and sales revenue climbed 6% to $20.5bn, the Arkansas-headquartered business anticipates another year of losses in adjusted operating income (AOI) for the sector in 2025. Brady Stewart, Tyson's chief supply chain officer and president of the beef and pork division, said yesterday (12 November) that “this is one of the most dynamic beef environments in history”. Stewart made the comments as he joined group president and CEO Donnie King to discuss the fourth-quarter and annual results with analysts. Tyson took 4.4% pricing in beef during the year, while prices for chicken and pork, along with prepared protein foods, fell. Expanding on his comments, Stewart said: “We've gone through these cycles approximately every decade but this one is really unique, and Show less Read more
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