Tyson and the multiple challenges of covid-19

04/05/2020

Tyson Foods has reported sales revenues of almost $10.9 billion for the second quarter of its current financial year, a record total and 4.2% up on the same quarter a year ago.

Beef accounted for almost $4 billion, up by 2.7%. Tyson said it expects industry-fed cattle supplies to increase by approximately 2% in fiscal 2020. “We expect ample supplies in regions where we operate our plants and for profitability to remain strong,” it said.