Categories Consumer, Earnings

Tyson Foods Inc (TSN): Q1 2020 Earnings Snapshot

Tyson Foods Q1 2020 earnings

—   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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