Tuesday, September 17, 2024

Tyson Foods reports strong fourth quarter and FY 2020 results

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SPRINGDALE, Ark. —Tyson Foods Inc. has reported the following results for the fourth quarter and fiscal year 2020:

Fourth quarter:

  • GAAP (generally accepted accounting principles) EPS (earnings per share) of $1.90, up 88 percent from prior year; adjusted EPS of $1.81 (13-week basis), up 50 percent from prior year.
  • GAAP operating income of $1.012 billion, up 68 percent from prior year; Adjusted operating income of $961 million (13-week basis), up 40 percent from prior year.
  • Total company GAAP operating margin of 8.8 percent; adjusted operating margin of 9. . .

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