Tyson Foods Affirms FY22 Sales Outlook As Q2 Net Profit Edges Up
(RTTNews) - Tyson Foods, Inc. (TSN) reported Monday that its second-quarter net Income attributable to the company edged up $750 million or $2.07 per share from $749 million or $2.05 per share in the prior-year quarter.
Excluding items, adjusted earnings for the quarter were $1.94 per share, compared to $2.70 per share in the year-ago quarter.
Sales for the quarter increased to $13.50 billion from $12.49 billion in the same quarter last year. Analysts expected revenue of $13.24 billion for the quarter.
Looking ahead to fiscal 2022, the company continues to projects sale in a range of $52 billion to $54 billion. The Street is looking for revenues of $52.80 billion for the year.
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Tyson Foods Swings To Profit In Q3; Backs FY24 Sales Outlook
Tyson Foods, Inc. (TSN) reported Monday net income attributable to the company for the third quarter of $191 million or $0.54 per share, compared to a net loss of $417 million or $1.18 per share in the prior-year quarter.
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82 วันที่ผ่านมา
Tyson Foods Slips To Loss In Q4; Guides FY24 Sales Below Estimates
Tyson Foods, Inc. (TSN) reported Monday a net loss attributable to the company for the fourth quarter of $450 million or $1.31 per share, compared to net income of $538 million or $1.50 per share in the prior-year quarter.
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Tyson Recalls Fully Cooked Chicken Fun Nuggets
Tyson Foods, Inc. is recalling around 29,819 pounds of frozen, fully cooked chicken "Fun Nuggets" sold to retailers for possible contamination with extraneous materials, specifically metal pieces, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.
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Tyson Foods To Close 2 US Chicken Plants, Lay Off 1,700 Workers
Tyson Foods Inc. plans to close two poultry plants in the United States and lay off almost 1,700 employees on May 12, reports said. The current scale and inability to economically improve operations is said to have led to the decision to close the facilities. The plants in Van Buren, Arkansas and Glen Allen, Virginia will be closed as part of its cost saving measures.
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TSX Ends Modestly Lower, Drops Nearly 1.5% In Week
The Canadian market ended on a weak note on Friday, extending losses to a fifth straight session, on concerns about the outlook for economic growth, and on uncertainty about the outcome of the upcoming U.S. presidential election.
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Dollar Rises Against Major Counterparts
After staying quite subdued during the Asian and European sessions, and early on in the New York session, the U.S. dollar climbed higher on Friday amid bets the Federal Reserve will be less aggressive with regard to interest rate cuts, and on speculation former President Donald Trump coming to power for a second term.
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Gold Futures Settle Modestly Higher For The Session, Gain 1% In Week
Gold futures settled higher on Friday despite a slightly stronger dollar, as rising predictions of a Trump presidency as well as geopolitical tensions in the Middle East pushed up demand for the safe-haven yellow metal.
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Swiss Market Ends Slightly Higher
The Switzerland market ended slightly up on Friday after a choppy session as investors largely refrained from making significant moves due to a lack of triggers.
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