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News Breaks
May 5, 2014
07:40 EDTTSNTyson Foods sees FY14 sales about $37B, consensus $35.94B
The company said, "We expect fiscal 2014 sales to approximate $37B as we continue to execute our strategy of accelerating growth in domestic value-added chicken sales, prepared food sales and international chicken production, as well as price increases associated with rising cattle and hog costs." The company sees its Chicken segment to be above its normalized range of 5.0%-7.0% for FY14, for its Beef segment's profitability to be similar to FY13, which was below its normalized range of 2.5%-4.5%, for its Pork segment to be in its normalized range of 6.0%-8.0% and for its Prepared Foods segment to be below its normalized range of 4.0%-6.0% for FY14. The company said about is International segment: "Unless market conditions improve, we will incur losses for the remainder of the year; however the losses in the third and fourth quarters of FY14 should be lower than the losses sustained in the first two quarters of FY14."
News For TSN From The Last 14 Days
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May 20, 2015
08:10 EDTTSNTyson Foods repeats FY15 adjusted EPS view $3.30-$3.40, consensus $3.44
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May 19, 2015
17:16 EDTTSNTyson Foods awarded $194.79M government contract
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May 12, 2015
16:04 EDTTSNTyson Foods says transforming to protein-centric consumer packaged goods company
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