Tyson Foods: just misses consensus in Q1

(CercleFinance.com) - Tyson Foods has posted Q1 adjusted EPS that is up 5% at 1.
66 dollar, just one cent less than the consensus, for an adjusted operating margin of 8.3% and revenues that are up 6 % at over 10.8 billion dollars.

This growth in revenues is based on a 4.7% increase in volumes, in particular driven by the pork segment (+7.3%), combined with a price effect of 1.4%, particularly noticeable in the same segment (+9.7%).

"With improved access to global markets resulting from recent trade developments, there are reasons to be optimistic about fiscal 2020 and beyond," said CEO Noel White.


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