US meat processor Tyson Foods has reported an increase in second-quarter earnings compared to a year earlier, helped by a US$94m gain related to vitamin antitrust litigation.

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Tyson reported earnings of $72m, or 20 cents a share, for the quarter to 29 March, compared with $65m, or 18 cents a share, a year earlier, reported Reuters.

The Arkansas-based company had warned in March that results would be around the break-even level, as earnings were hit by a glut of meat on the market and lower meat prices.

Just Food Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Food Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving food industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now