Tyson Foods: 2.5-fold increase in EPS in Q4
(CercleFinance.com) - Tyson Foods reports adjusted EPS up 149% to $0.
92 for its fourth accounting quarter, with adjusted operating margin improving by two points to 3.8%, on sales up 1.6% to nearly 13.6 billion.
For the year as a whole, adjusted operating profit almost doubled to $1.82 billion, exceeding its target range of $1.6-1.8 billion of three months ago, and sales rose by 0.8%, against expectations of 'relatively stable'.
For the 2024-25 financial year, the food group specializing in meat is forecasting adjusted operating profit of between $1.8 and $2.2 billion, with sales down 1% or flat on the previous year.
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