Tyson Foods: 2.5-fold increase in Q4 EPS
(CercleFinance.com) - Tyson Foods reports adjusted EPS up 149% to $0.
92 for Q4, with its adjusted operating margin improving two points to 3.8%, on sales that rose 1.6% to nearly $13.6bn.
FY adjusted operating profit almost doubled to $1.82bn, exceeding its target range of $1.6bn-1.8bn, as provided three months ago, while sales rose 0.8%, against expectations of 'relatively stable'.
For FY 2024-25, the food group specializing in meat forecasts adjusted operating profit of $1.8bn to $2.2bn, with sales down 1% or flat on the previous year's level.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
92 for Q4, with its adjusted operating margin improving two points to 3.8%, on sales that rose 1.6% to nearly $13.6bn.
FY adjusted operating profit almost doubled to $1.82bn, exceeding its target range of $1.6bn-1.8bn, as provided three months ago, while sales rose 0.8%, against expectations of 'relatively stable'.
For FY 2024-25, the food group specializing in meat forecasts adjusted operating profit of $1.8bn to $2.2bn, with sales down 1% or flat on the previous year's level.
Copyright (c) 2024 CercleFinance.com. All rights reserved.