Core Insights - Tyson Foods, Inc. (TSN) reported a strong increase in adjusted earnings per share, reaching 92 cents, which exceeded the Zacks Consensus Estimate of 85 cents and marked a 48% increase from the previous year's 62 cents [2] - Total sales remained flat at 13,074millionyearoveryear,missingtheZacksConsensusEstimateof13,097.8 million, with average price changes positively impacting the top line by 2.6% while total volumes remained unchanged [2] Financial Performance - Gross profit for the quarter was 600million,downfrom866 million in the same period last year [3] - Adjusted operating income increased by 27% to 515millionfrom406 million year over year, with the adjusted operating margin expanding to 3.8% from 3.1% [3] Segment Performance - Beef: Sales increased to 5,196millionfrom4,954 million, with volumes down 1.4% and average prices up 8.2% [4] - Pork: Sales decreased to 1,244millionfrom1,486 million, with volumes down 3.8% and average prices up 4.3% [4] - Chicken: Sales improved to 4,141millionfrom4,065 million, with sales volumes growing 3% and average prices down 1.1% [5] - Prepared Foods: Sales were 2,396million,downfrom2,404 million, with volumes dipping 2.6% and average prices rising 2.3% [5] - International/Other: Sales were 566millioncomparedto580 million, with volumes down 1.5% and average sales prices down 0.9% [6] Financial Position - The company ended the quarter with cash and cash equivalents of 992million,long−termdebtof8,172 million, and total shareholders' equity of 18,531million[7]−Liquiditystoodat3.2 billion, expected to remain above the minimum target of 1billionforfiscal2025,withprojectedcapitalexpenditureof1-1.2billion[8]FutureOutlook−TheUSDAprojectsa11.9-2.3billion[12]−Segment−wise,adjustedoperatingincomeprojectionsincludealossof0.4-0.2billionforBeef,andprofitsof0.1-0.2billionforPork,1-1.3billionforChicken,and0.9-$1.1 billion for Prepared Foods [13]
Tyson Foods(TSN) ZACKS·2025-05-05 17:10