Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, reported the following results:
• Sales in the first quarter totaled $13,623 million, a gain of 2.3% from prior year
• GAAP operating income of $580 million, up 151% from prior year
• Adjusted operating income of $659 million, up 60% from prior year
• GAAP EPS of $1.01, up 237% from prior year
• Adjusted EPS of $1.14, up 65% from prior year
• Total Company GAAP operating margin of 4.3%
"Fiscal year 2025 is off to a strong start, as we delivered our third consecutive quarter of year-over-year growth in sales, operating income, and EPS," said CEO Donnie King. "Our best quarterly performance in more than two years reflects improved execution across the business, including exceptional results in chicken.
"Our best quarterly performance in more than two years reflects improved execution across the business, including exceptional results in chicken. Consumers remain focused on adding protein to their diets, and our diversified multi-channel, multi-protein portfolio ensures we are well-positioned to meet this demand while reinforcing our leadership as a world-class food company."
TSN began Monday and the week up $1.07, or 1.9%, to $57.56.
