TSN - What's Going On With Tyson Foods Stock Post Mixed Q2 Results? | Benzinga
Tyson Foods Inc (NYSE:TSN) reported a second-quarter FY24 sales decline of 0.46% year-on-year to $13.072 billion, missing the analyst consensus estimate of $13.157 billion.
Sales volume of Beef gained 2.8% Y/Y, Pork climbed 2.9%, Chicken declined 6.1%, and Prepared Foods increased 0.7%.
Gross profit jumped 64.3% to $866 million, with the margin expanding over 250 basis points to 6.6%.
The company reported an operating income of $312 million with an operating ...