
— 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.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Lyft (LYFT) expects average ride volumes to improve through Q1 2021
Shares of Lyft Inc. (NASDAQ: LYFT) were up 8% in afternoon hours on Wednesday. The stock has gained 53% over the past 12 months and 25% since the beginning of
With new strategy in place, Target looks poised to tap growing online demand
Department store chain Target Corp. (NYSE: TGT), which has been thriving on the pandemic-driven shopping boom since early last year, maintained its strong performance during the holiday season and entered
Infographic: Dollar Tree’s (DLTR) performance in Q4
Dollar Tree (NYSE: DLTR) reported fourth-quarter financial results before the opening bell on Wednesday. The discount store reported a 7% increase in Q4 net sales to $6.7 billion. The company