2023-05-08 06:58:45 ET
- Tyson Foods press release ( NYSE: TSN ): Q2 Non-GAAP EPS of -$0.04 misses by $0.84 .
- Revenue of $13.13B (+0.1% Y/Y) misses by $490M .
- Shares +1.3% PM.
- GAAP operating loss of $49 million, down 104% from prior year; Adjusted operating income of $65 million, down 94% from prior year
- GAAP EPS of ($0.28), down 112% from prior year; Adjusted EPS of ($0.04), down 102% from prior year
- Total Company GAAP operating margin of (0.4%); Adjusted operating margin (non-GAAP) of 0.5%
- Liquidity of $2.2 billion at April 1, 2023; On May 3, 2023, entered into $1.75 billion of new term loan facilities.
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Tyson Foods Non-GAAP EPS of -$0.04 misses by $0.84, revenue of $13.13B misses by $490M