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Tyson faces 'challenging' year. Tyson has been looking to get back on its feet after a string of disappointing quarterly results. Shares of the mass food producer are down 30% over the past 12 months.
Tyson Foods, Inc. is an American multinational corporation based in Springdale, Arkansas that operates in the food industry.The company is the world's second-largest processor and marketer of chicken, beef, and pork after JBS S.A.
In fiscal 2024, Tyson Foods expects adjusted operating income (AOI) of $400 million to $700 million for its chicken segment. Pork's AOI is expected to break even, but beef AOI is expected to be a ...
USDA projects chicken production to rise by 3%, and Tyson anticipates adjusted operating income of $1.0 billion to $1.2 billion for fiscal 2025.
Chicken prices are down. That’s good news for chicken eaters, but bad news for Tyson Foods.
Tyson closed chicken plants in Dexter and Noel, Missouri, with about 700 workers and 1,500 workers, respectively. Cal-Maine said it plans to initially employ about 100 people at the Dexter plant.
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