Tyson Foods Reports Record Earnings After Latest Quarter

November 16, 2022

Business

Tyson Foods Reports Record Earnings After Latest Quarter

NWA Daily

Despite Tyson’s fourth-quarter net-income dropping nearly 60%, the meat industry leader ended its fiscal year with a record setting revenue of $53.28b. 

  • Growth: Tyson Foods’ net income for the fiscal year grew to $3.249b, up 6.26% year over year, and the company reduced its debt by nearly $1b. 
  • Credit: CEO Donnie King attributed the growth to improvements in the chicken segment and a historically strong performance from their beef segment. 

Learn more about Tyson’s performance HERE

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