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Tyson foods, good results but beef is in crisis

Quarterly rise to $ 13.3 billion for the largest meat company USA: only the drop in cattle (-117 million $)

Tyson Foods posted better-than-expected results in the first quarter of fiscal year 2024. The largest US meat company has beaten market expectations regarding revenues and profits in the first quarter, sending stocks to the maximum for nine months, with a rise that yesterday reached almost +3%. The company recorded a adjusted profit of 69 cents per share, compared to analysts' estimates of 41 cents....

fc - 38063

EFA News - European Food Agency
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