The world’s largest meat company, Tyson Foods, has reported operating income for the fiscal first quarter ended 28 December 2002 of US$145m, compared to $273m in the same quarter last year.
The world’s largest meat company, Tyson Foods, has reported operating income for the fiscal first quarter ended 28 December 2002 of US$145m, compared to $273m in the same quarter last year.
The company said earnings were adversely affected by a sluggish US economy, increased grain costs, lower market prices caused by an oversupply of all meat proteins, as well as continued pressures in international markets.
First quarter sales were $5.8bn compared to $5.9bn last year.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Food Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Winning five categories in the 2025 Just Food Excellence Awards, Centric Software is setting the pace for digital transformation in food and FMCG. Explore how its integrated PLM and PXM suitedelivers faster launches, smarter compliance and data-driven growth for complex, multi-channel product portfolios.
