Tyson reports third quarter 2026 financial results
Sales stayed flat at $13.87B while adjusted EPS rose 9% to $0.99, driven by Chicken and Prepared Foods growth.
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Protein-focused food company
tysonfoods.comLast updated
In short: Tyson Foods appointed Jeff Schomburger as its new CEO and faced financial pressure from record-high beef prices and supply shortages.
Sales stayed flat at $13.87B while adjusted EPS rose 9% to $0.99, driven by Chicken and Prepared Foods growth.
The new line offers five varieties with all-natural ingredients and no artificial preservatives, delivering 11-13 grams of protein per serving.
Morris will oversee Chicken, Beef, Pork, Prepared Foods, and International segments, bringing over 20 years of experience.
Schomburger will succeed Donnie King, who is retiring after 43 years with the company.
A $1 billion Tyson Foods offering for senior notes, half due in 2031 and the other half in 2027,...
The company said that it expects revenue in fiscal 2026 to rise by 1.5% to 2%, down from a previous range of 2.5% to 3.5%.
The sector ended flat with Estée Lauder leading gains while Hormel and Tyson fell due to lower commodity pricing.
President Donald Trump moves to let ranchers process and sell their own beef, targeting four...
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