Tyson Foods (TSN) Q2 Earnings Top Estimates Despite Lower Sales
TSNTyson Foods(TSN) Zacks Investment Research·2024-05-06 23:26

Tyson Foods, Inc. (TSN) posted second-quarter fiscal 2024 results, wherein the top line declined year over year and fell short of the Zacks Consensus Estimate. However, the bottom line reverted to growth and easily surpassed the consensus mark. Management raised its adjusted operating income guidance range for fiscal 2024. Tyson Foods sustained its positive momentum in the quarter while advancing its key initiatives. The strategies in place are yielding tangible results, as reflected in year-over-year botto ...