Tyson Foods Results Get Boost From Chicken Demand | Global News Avenue

Tyson Food (TSN) On Monday, the stock issued the result of a strong demand for the chicken in front of the largest poultry producer in the United States.

The company reported the adjustment of the first quarter of the fiscal year in 2025 Earnings per share (EPS) 1.14 US dollars’ income ratio is one -third of the analysts of the visible Alpha survey. Revenue increased by 2.3 % year -on -year to US $ 13.6 billion, which was also higher than forecast.

Chicken sales rose 0.8 % to $ 4.07 billion, even if the average price fell 0.7 %, and the number increased by 1.5 %. As the price rose 0.6 %, the sales of beef rose by 6.2 % to US $ 5.34 billion, the amount increased by 5.6 %. The price of pork rose 7.0 %, increased sales by 6.6 % to 1.67 billion US dollars, but sales fell by 0.4 %.

CEO touts “the extraordinary results of chicken”

CEO Donnie King said that this is Tyson’s best quarterly performance for more than two years, which is the promotion of “the excellent effect of chicken”. Jin added that the company benefited from consumers’ remaining “focusing on adding protein in diet.”

Tyson believes that its annual revenue is flat, an increase of 1 % over US $ 53.3 billion in 2024. Although this is better than a 1 % guide before, the visible Alpha estimation value is $ 53.7 billion.

In the past year, the stock of Tyson Food has been flat, and it has increased by 3 % on Monday morning.