Beef-plant fire will affect Q4 results, Tyson warns
04/09/2019
It mentioned the recent fire at one of its beef processing plants in Kansas as one of the factors; others were grain prices, new food safety initiatives and a slower-than-expected improvements in the chicken segment of its business.
“Our diversified portfolio is uniquely suited to respond to dynamic and challenging market conditions,” said chief executive, Noel White, “and we continue to expect better performance in fiscal 2020. We’re very optimistic about our long-term potential as we focus on prepared foods growth, international growth and serving our customers.”
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