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Tyson Foods beats quarterly profit estimates
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The Cattle Site
Tyson Foods beats quarterly profit estimates Estimates beat on strong chicken demand6 May 2025 6 May 2025 1 minute read 1 minute read By: By: Global Ag Media North AmericaTyson Foods beat Wall Street expectations for second-quarter profit on Monday, driven by increased demand for its chicken products and lower costs, reported Reuters.
The company witnessed sustained demand for its frozen meat and ready-to-eat food as consumers increasingly preferred eating at home.
Robust growth in Tyson's chicken segment at its restaurant and food service channels helped the company offset stubbornly high beef prices due to low US cattle supplies.
Legal contingency accruals reduced sales by $343 million in the quarter, Tyson said.
Adjusted operating margin at its chicken segment rose to 7.5% from 3.9% in the year-ago quarter, while its pork business rose to 3.7% from 2.2% a year ago.
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