Tyson Foods made a series of announcements after the close of the New York Stock Exchange yesterday (28 September), lifting its forecast for full-year underlying earnings, setting out plans to cut jobs and issuing cost-savings targets.
Tyson Foods, the US-based meat giant, has moved to buy local convenience food group AdvancePierre Foods Holdings in a deal worth US$4.2bn.
Chris Sliva, the CEO of AdvancePierre Foods, said the US-based meat products supplier will "accelerate" its M&A activity and expects acquisitions to "play a meaningful part" of the company's growth this year.
US group AdvancePierre Foods today (9 March) issued a forecast for its 2017 EBITDA above analyst forecasts.
AdvancePierre Foods Holdings has booked a dip in net sales for the third quarter of the year in the group's first results reported since its acquisition last month of cooked and raw beef and chicken Philly steak products manufacturer Allied Specialty Foods.
US sandwich-to-entrée maker AdvancePierre Foods said yesterday (9 November) Chris Sliva will join the company's board as president from 14 November - and will succeed John Simons as CEO on his…
US sandwich maker AdvancePierre Foods has acquired Allied Specialty Foods, a manufacturer of cooked and raw beef and chicken Philly steak products, for US$60m. Allied Specialty Foods supplies foodservice customers…
AdvancePierre Foods Holdings, the US sandwich-to-entrée maker, today (10 August) reported higher half-year profits despite a decline in sales thanks to improved productivity and moves to increase prices. The company,…
AdvancePierre Foods, the US sandwich-to-entrée maker, has filed plans for an initial public offering of its shares. The filing, made today (11 April), follows speculation over the ownership of the…
The future of US convenience food group AdvancePierre Foods is the subject of fresh speculation, with claims private-equity owner Oaktree Capital Group is in talks with banks to float the…
US sandwich maker AdvancePierre Foods is adding a sausage, egg and cheese Hot 'n' Ready square wrap to its range of breakfast sandwiches. The new wrap includes pork sausage topped…
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