Strong Demand for Chicken in the U.S. Tyson Foods Q3 Performance Exceeds Expectations and Raises Full-Year Guidance
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Tyson Foods announced better-than-expected third-quarter results, with sales reaching $13.884 billion, a year-on-year increase of 4%; adjusted earnings per share were $0.91, a year-on-year increase of 5%. The company raised its operating profit guidance for fiscal year 2025, expecting it to be between $2.1 billion and $2.3 billion, benefiting from strong chicken demand and low feed costs. Despite ongoing losses in the beef business, the adjusted operating profit for the chicken segment was $345 million, marking the best performance since 2016. On Monday, pre-market trading saw Tyson Foods' stock price rise by 4%
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