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Tyson Foods, earnings plummet and drag down stock on the stock market

Operating profit -82% in third quarter of fiscal 2023: blame falling consumer spending

The slump in profits of Tyson Foods, a U.S.-based company based in Arkansas (and branches also in Italy, in Verona) but above all one of the world's largest players in the animal protein sector, is not stopped. The company after closing the first quarter of 2023 with a vertical slump in profits (from $1.12 billion to $316 million) and having filed a second quarter with another killer drop (-80%), now...

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EFA News - European Food Agency
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