Tyson Foods: 28% decline in Q3 EPS

(CercleFinance.com) - Tyson Foods has reported adjusted EPS for Q3 2021-22 that is down 28% at 1.
94 dollar, with an adjusted operating margin of 7.4% on revenue that is up 8.1% at 13.5 billion dollars.

"We delivered solid results during the third quarter, focusing on operational excellence and aggressive cost management," the food company's CEO said, who highlighted the turnaround in the chicken business.

"We maintained double-digit sales and earnings growth year to date as well as progressing toward our goal of delivering more than $1 billion in recurring productivity savings by the end of fiscal 2024," he added.


Copyright (c) 2022 CercleFinance.com. All rights reserved.