Tyson forecasts another year of sales growth
Tyson Foods is forecasting another financial year of rising sales after reporting top-line growth for the 12 months just ended. The US meat titan expects its net sales to rise 2-4% in its new financial year, which started on 28 September. In the year just completed, the Hillshire Farm owner generated sales of 653m increase in “legal contingency accruals”, which Tyson recognised as a reduction to sales. Operating income fel ...