Key Points: Profits in Tyson Foods’ chicken segment have reached their highest level in eight years due to increased consumer demand for protein. Chicken profits have doubled compared to the previous year, with higher sales in the foodservice sector and…
Tyson
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Key Highlights: Tyson Foods reported a strong finish to its fiscal year, with improvements in the chicken business offsetting ongoing beef challenges. Sales increased by 2% to $13.6 billion in the fourth quarter, driven by high demand for beef and…
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Dive Brief: McDonald’s has filed a lawsuit against four major meat producers – Tyson, JBS, Cargill, and National Beef Packing, accusing them of colluding to raise beef prices through antitrust violations. The lawsuit, filed in a New York federal court,…
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Tyson Foods Appoints Curt Calaway as New CFO Tyson Foods has announced the appointment of Curt Calaway as its new Chief Financial Officer, succeeding John R. Tyson. Tyson was suspended earlier this year following a DUI arrest and is currently…
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Devin Cole has been appointed as the new president of international operations at Tyson Foods, Inc., as announced during an earnings call on Monday. Cole, who previously led teams at Tyson, returned to the company in March to oversee its…
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Key Highlights: Tyson Foods, Inc., announced record-breaking earnings for the quarter, with CEO highlighting a turnaround in chicken and pork sectors after facing tough market conditions that led to layoffs and plant closures. Chicken profits reached an eight-year high in…
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Tyson Foods, Inc. has recently reached an agreement to sell a poultry processing complex to House of Raeford Farms in a strategic move to optimize its plant network, as announced by the Arkansas-based company on Tuesday. The poultry complex located…
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After reintroducing antibiotics to its poultry supply chain, Tyson Foods is now scaling back on the sale of beef raised without antibiotics. Despite this decision, Tyson stated that it will still offer antibiotic-free beef in response to market demand, emphasizing…