Friday, April 19, 2024

Tyson Foods reports first quarter 2023 results

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SPRINGDALE, Ark. — Tyson Foods Inc. has reported its first quarter 2023 the following results. Some of the highlights include: sales of $13.260 billion up 2.5 percent from prior year; GAAP operating income of $467 million, down 68 percent from prior year; adjusted operating income of $453 million, down 68 percent from prior year; GAAP EPS of 88 cents, down 71 percent from prior year; Adjusted EPS of 85 cents, down 70 percent from prior year; total company GAAP operating margin of 3.5 percent; adjusted operating margin (non-GAAP) of 3.4 percent; repurchased 4.9 million shares. . .

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