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Tyson Stock Slips as CEO Warns of Macroeconomic Headwinds
Investopedia· 2024-05-07 01:35
Key TakeawaysTyson Foods shares slumped in intraday trading Monday as "macro environment" concerns raised by its chief executive in its earnings call offset higher-than-forecast quarterly profit.Tyson's shuttering of some chicken-processing plants to cut costs helped buoy profits.The company, however, is forecasting adjusted operating losses of between $100 million and $400 million for its beef unit this year. Tyson Foods (TSN) shares slumped in intraday trading Monday as "macro environment" concerns raised ...
Tyson Foods(TSN) - 2024 Q2 - Earnings Call Transcript
2024-05-07 00:32
财务数据和关键指标变化 - 销售额基本持平,调整后营业利润增加约60% [33] - 经营现金流增加超过50%,资本支出减少超过40% [13] - 调整后每股收益增加约60% [13] 各条业务线数据和关键指标变化 - 准备食品业务营业利润略有下降,但全年利润率仍维持在低个位数 [34] - 鸡肉业务营业利润大幅增加,超过3.25亿美元 [35][36] - 牛肉业务营业利润下降,反映了牛肉价差压缩 [37] - 猪肉业务营业利润大幅改善,从上年同期亏损转为盈利 [38] - 国际业务持续改善,营业利润同比有所增加 [39] 各个市场数据和关键指标变化 - 零售渠道销量受持续通胀影响有所下滑,但公司品牌份额保持健康 [70][71] - 餐饮渠道从高端向快餐转移,公司产品在零售和餐饮渠道均有优势 [70][71] 公司战略和发展方向及行业竞争 - 公司聚焦巩固核心蛋白业务、发展品牌、全球化拓展三大战略支柱 [28] - 通过提升运营效率、客户和消费者关注、数字化等关键驱动力支撑战略实施 [29] - 公司在鸡肉、培根等品类保持领先市场份额,有进一步提升的空间 [17][19] 管理层对经营环境和未来前景的评论 - 尽管面临宏观环境挑战,但公司多蛋白品类组合和强大品牌优势使其保持健康市场份额 [14][15] - 公司有信心实现全年业绩目标,对长期前景保持乐观 [16] - 鸡肉业务基本面持续改善,但仍有进一步提升空间 [169][170] - 牛肉业务受限于牛只供给偏紧,但公司正采取措施应对 [154][155] - 猪肉和准备食品业务前景良好,但第三季度可能会相对较弱 [46] 问答环节重要的提问和回答 问题1 **Peter Galbo 提问** 询问公司对资产优化和未来季度业绩走势的看法 [59][67] **Donnie King 和 Melanie Boulden 回答** 公司对资产优化和业务改善取得进展感到鼓舞,但仍有进一步提升空间 [60][61][63][64][65] 问题2 **Ben Theurer 提问** 询问鸡肉业务产量变化的原因 [74][79] **Donnie King 和 Wes Morris 回答** 公司通过改善养殖、提升运营效率等措施提升了鸡肉业务的盈利能力 [77][78][92][93] 问题3 **Adam Samuelson 提问** 询问公司在鸡肉和牛肉业务中的成本优化空间 [103][111] **Donnie King、Wes Morris 和 John Tyson 回答** 公司在鸡肉业务有进一步提升空间,但整体业务仍有持续改善的潜力 [105][106][109][140][141]
Tyson Foods (TSN) Q2 Earnings Top Estimates Despite Lower Sales
Zacks Investment Research· 2024-05-06 23:26
Tyson Foods, Inc. (TSN) posted second-quarter fiscal 2024 results, wherein the top line declined year over year and fell short of the Zacks Consensus Estimate. However, the bottom line reverted to growth and easily surpassed the consensus mark. Management raised its adjusted operating income guidance range for fiscal 2024.Tyson Foods sustained its positive momentum in the quarter while advancing its key initiatives. The strategies in place are yielding tangible results, as reflected in year-over-year bottom ...
Tyson (TSN) Reports Q2 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-06 22:31
For the quarter ended March 2024, Tyson Foods (TSN) reported revenue of $13.07 billion, down 0.5% over the same period last year. EPS came in at $0.62, compared to -$0.04 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $13.13 billion, representing a surprise of -0.46%. The company delivered an EPS surprise of +77.14%, with the consensus EPS estimate being $0.35.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Stree ...
Tyson Foods (TSN) Q2 Earnings Beat Estimates
Zacks Investment Research· 2024-05-06 21:41
Tyson Foods (TSN) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.35 per share. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 77.14%. A quarter ago, it was expected that this meat producer would post earnings of $0.42 per share when it actually produced earnings of $0.69, delivering a surprise of 64.29%.Over the last four quarters, the company has ...
Tyson Foods(TSN) - 2024 Q2 - Quarterly Report
2024-05-06 19:33
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to 001-14704 (Commission File Number) ______________________________________________ TYSON FOODS, INC. (Exact name of registrant as specified in its charter) ___________ ...
Tyson Foods(TSN) - 2024 Q2 - Quarterly Results
2024-05-06 19:31
TYSON FOODS REPORTS SECOND QUARTER 2024 RESULTS Year-Over-Year Growth in Operating Income Highlights Progress on Strategic Initiatives Springdale, Arkansas – May 6, 2024 – 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: (in millions, except per share data) Second Quarter Six Months Ended 2024 2023 2024 202 ...
Tyson Foods To Participate in 19th Annual BMO Global Farm to Market Conference
Newsfilter· 2024-05-03 04:15
SPRINGDALE, Ark., May 02, 2024 (GLOBE NEWSWIRE) -- Tyson Foods, Inc. (NYSE:TSN) announced today that management will participate in the 19th Annual BMO Global Farm to Market Conference on May 15, 2024 in New York City. The fireside chat with Donnie King, president & CEO, and John R. Tyson, executive vice president & CFO, will begin at approximately 8:00 a.m. Eastern Time and will be available via a live webcast. The webcast link, replay, and other information can be accessed on the company's investor relati ...
Seeking Clues to Tyson (TSN) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-05-01 22:21
Analysts on Wall Street project that Tyson Foods (TSN) will announce quarterly earnings of $0.35 per share in its forthcoming report, representing an increase of 975% year over year. Revenues are projected to reach $13.13 billion, indicating no change compared to the same quarter last year.The consensus EPS estimate for the quarter has undergone an upward revision of 1.4% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initi ...
Tyson Foods (TSN) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-04-30 07:16
Tyson Foods (TSN) closed the latest trading day at $60.96, indicating a +0.54% change from the previous session's end. This change outpaced the S&P 500's 0.32% gain on the day. At the same time, the Dow added 0.38%, and the tech-heavy Nasdaq gained 0.35%.Shares of the meat producer have appreciated by 3.24% over the course of the past month, outperforming the Consumer Staples sector's loss of 0.5% and the S&P 500's loss of 2%.Market participants will be closely following the financial results of Tyson Foods ...