Sunday, July 14, 2024

Tyson Foods reports third quarter results

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SPRINGDALE, Ark. — Tyson Foods Inc., one of the world’s largest food companies with brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, has reported the following results for third quarter of 2020: GAAP (generally accepted accounting principles) EPS (earnings per share) of $1.44, down 22 percent from prior year; adjusted EPS of $1.40, down 5 percent from prior year; GAAP operating income of $775 million and adjusted operating income of $760 million; a total company GAAP operating margin of 7.7 percent and adjusted operating margin of 7.6 percent; liquidity. . .

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