— Tyson Foods, Inc. (NYSE: TSN) reported earnings of $1.66 per share in the fourth quarter of 2019, vs $1.65 per share expected.
— Total sales rose 6% to $10.8 billion, driven by pork and chicken. This was below the analysts’ projection of $11.04 billion.
— For fiscal 2020, company expects capital expenditures to be approximately $1.3 billion.
— TSN shares fell 1.6% immediately following the announcement.
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