澳洲幸运5官方开奖结果体彩网

Tyson Foods Results Get Boost From Chicken Demand

Tyson logo is displayed on a bag of frozen chicken nuggets

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Key Takeaways

  • Strong demand for its chicken helped Tyson Foods beat first-quarter profit and sales estimates.
  • Along with chicken, revenue from beef and pork also advanced.
  • Tyson expects full-year sales to be flat to up 1%.

Tyson Foods (TSN) shares advanced Monday as the largest U.S. poultry producer posted better-than-expected results on strong demand for its chicken.

The company reported fiscal 2025 first-quarter adjusted 澳洲幸运5官方开奖结果体彩网:earnings per share (EPS) of $1.14, a third more than anticipated by analysts surveyed by Visible Alpha. Revenue rose 2.3% y♕ear-over-year to $13.6 billion, also above foreཧcasts.

Chicken sales were up 0.8% to $4.07 bill🌳ion, even as the average price ಞwas down 0.7%, and volumes increased 1.5%. Beef sales climbed 6.2% to $5.34 billion as prices grew 0.6%, with volumes higher by 5.6%. Pork prices jumped 7.0%, lifting sales by 6.6% to $1.67 billion, but volumes fell 0.4%.

CEO Touts 'Exceptional Results in Chicken'

CEO Donnie King said this was Tyson's best quarterly performance in more than two years, boosted by "exceptional results in chicken." King added the company benefited from consumers' remaining "focused on adding protein to their diets."

Tyson sees full-year revenue to be flat or up 1% from the $53.3 billion in 2024. Although that was better than the previous guidance of down 1% ▨to flat, the Visible Alpha estimate was for $53.7 billion. 

S🔯hares of Tyson Foods, which had been essentially flat over the past year, gained 3🍨% Monday morning. 

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