Wednesday, June 12, 2024

Tyson Foods reports 4Q and fiscal results

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SPRINGDALE, Ark. — Tyson Foods Inc. has reported its fourth quarter and fiscal year 2019 financial results.

Highlights for FY 2019 include: GAAP (generally accepted accounting principles) earnings per share of $5.52, down 33 percent from record prior year (prior year included a one-time tax benefit of $2.71); adjusted EPS of $5.46, down 11 percent from record prior year; GAAP operating income of $2.8 billion; adjusted operating income of $2.97 billion; GAAP operating margin of 6.7 percent; adjusted operating margin of 7 percent; record beef GAAP operating margin of 7 percent and adjusted operating. . .

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