Tyson Foods Results Get Boost From Chicken Demand

Core Insights - Tyson Foods (TSN) shares increased as the company reported better-than-expected results driven by strong chicken demand [1][5] - The company achieved fiscal 2025 Q1 adjusted earnings per share (EPS) of $1.14, exceeding analyst expectations, with revenue rising 2.3% year-over-year to$ 13.6 billion [1][5] Sales Performance - Chicken sales increased by 0.8% to $4.07 billion, despite a 0.7% decline in average price, with volumes up by 1.5% [2] - Beef sales rose by 6.2% to$ 5.34 billion, with prices increasing by 0.6% and volumes up by 5.6% [2] - Pork sales increased by 6.6% to $1.67 billion, driven by a 7.0% rise in prices, although volumes decreased by 0.4% [2] Management Commentary - CEO Donnie King highlighted this as Tyson's best quarterly performance in over two years, attributing it to "exceptional results in chicken" and consumer focus on protein [3] - The company anticipates full-year revenue to be flat or up 1% from$ 53.3 billion in 2024, which is an improvement from previous guidance [3] Market Reaction - Tyson Foods' shares, which had been relatively flat over the past year, gained 3% on the day of the announcement [4]