Tyson Foods: Q1 EPS up 48%

(CercleFinance.com) - The meat company Tyson Foods has reported a 48% increase in adjusted EPS to 2.
87 dollars for its first quarter, with an adjusted operating margin of 11.1%, up from 9.5% a year earlier.

Revenues rose 23.6% to just over 12.9 billion dollars: volumes were pretty flat, although the average selling prices rose by nearly 20%, in particular driven by the beef business.

The group said that its performance reflects the resilience of our multi-protein portfolio, even with continued market volatility, which also highlighted the measures taken to improve productivity.


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